Nv GOLD Announces Effective Date of Share Consolidation
NV GOLD ANNOUNCES EFFECTIVE DATE OF SHARE
CONSOLIDATION
VANCOUVER, BC / ACCESSWIRE / February 26, 2024 / NV Gold Corporation (TSXV:NVX)
(OTCQB:NVGLF) (FSE:8NV) (“ NV Gold” or the “ Company”) announces that, further to the
Company’s press release on February 13, 2024, it is proceeding with a consolidation of the
issued and outstanding common shares of the Company (the “Shares”) on the basis of (1) post-
consolidated Share for every ten (10) pre -consolidated Shares (the “ Consolidation”). No
fractional shares will be issued as any fractional share will be rounded to the nearest whole
number. The new CUSIP number will be 67090W307 and the new ISIN number will be
CA67090W3075. The Company’s name and stock symbol will remain unchanged following the
Consolidation.
The Consolidation will be effective at the opening of markets on February 28, 2024. As a result
of the Consolidation, the 88,745,454 Shares which are currently issued and outstanding will be
reduced to approximately 8,874,545 Shares, subject to rounding. The Consolidation is subject
to final confirmation by the TSX Venture Exchange.
Shareholders who hold their Shares through a securities broker or other intermediary and do
not have Shares registered in their name will not be required to take any measures with respect
to the Consolidation. Letters of transmittal with respect to the Consolidation will be mailed to all
registered shareholders of the Company. All registered shareholders w ho submit a duly
completed letter of transmittal along with their respective share certificate(s) representing the
pre-consolidated Shares to the Company' s transfer agent, Odyssey Trust Company , will
receive a certificate representing the post-consolidated Shares.
About NV Gold Corporation
NV Gold Corporation is a well -organized exploration company with ~89 million shares issued
and no debt. NV Gold has 21 exploration projects in Nevada comprising 639 100%-Company-
owned lode mining claims totaling 53.4 square kilometers (20.6 square miles) The Company is
based in Vancouver, British Columbia, and Reno, Nevada and is focused on delivering value
through mineral discoveries in Nevada, USA. Leveraging its expansive property portfolio, its
highly experienced in-house technical team, and its exten sive geological data library, 202 4 is
expected to be highly productive for NV Gold.
On behalf of the Board of Directors,
John Watson, President, Chairman, CEO and Director
For further information, visit the Company’s website at www.nvgoldcorp.com or contact:
750 West Pender Street, Suite 250
Vancouver, British Columbia, V6C 2T7
Tel: +1 303.668.7991
www.nvgoldcorp.com
Freeform Communications at 604.245.0054
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this news release.
This news release contains statements which constitute “forward-looking information” within the
meaning of applicable securities laws, including statements regarding the plans, intentions,
beliefs and current expectations of the Company with respect to fut ure business activities and
plans of the Company. Forward -looking information is often identified by the words “may”,
“would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or
similar expressions and includes information regarding: the effective date of the Consolidation;
the number of Shares outstanding following the Consolidation ; and the treatment of fractional
shares in the Consolidation.
Such forward -looking statements are based on a number of assumptions of management,
including, without limitation, the number of post-Consolidation Shares being different from the
number set out herein and the treatment of fractional Shares in the Consolidation being different
from what is set out herein, and that the Company will complete the Consolidation on the
anticipated effective date.
Additionally, forward -looking information involve a variety of known and unknown risks,
uncertainties and other factors which may cause the actual plans, intentions, activities, results,
performance or achievements of the Company to be materially different from any future plans,
intentions, activities, results, performance or achievements expressed or implied by such
forward-looking statements. Such risks include, without limitation: that the Company will be
unable to complete the Consolidation on the expec ted effective date ; that the treatment of
fractional shares will differ for the treatment set out herein; and that the number of issued and
outstanding shares following the Consolidation will differ for the number statement herein. Such
forward-looking information represents management's best judgment based on information
currently available. No forward-looking statement can be guaranteed and actual future results
may vary materially. Accordingly, readers are advised not to place undue reliance on forward -
looking statements or information. Neither the Company nor any of its representatives make
any representation or warranty, express or implied, as to the accuracy, sufficiency or
completeness of the information in this news release. Neither the Company nor any of its
representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to
you or any person resulting from the use of the information in this news release by you or any
of your representatives or for omissions from the information in this news release.
The forward-looking statements herein speak only as of the date they were originally made.
The Company has no intention and undertakes no obligation to update or revise any forward -
looking statements, whether as a result of new information, future events o r otherwise, except
as required by law.