Nv GOLD Corporation Announces Non-Brokered Private Placement
Not for dissemination in the United States or through U.S. newswires
NV GOLD CORPORATION ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
VANCOUVER, BC / ACCESSWIRE / September 4, 2024 / NV Gold Corporation (TSXV:NVX)
(OTCQB:NVGLF) (FSE:8NV) (“ NV Gold ” or the “ Company”) announced today that it intends to
undertake a non -brokered private placement (the “Private Placement”) for gross proceeds of up to
$500,000 comprising of 2,000,000 units (each, a “Unit”) at a price of $0. 20 per Unit. Each Unit will
consist of one common share in the capital of the Company (a “ Common Share”) and one common
share purchase warrant (a “Warrant”). Each Warrant will be exercisable into one Common Share at a
price of $0.30 per Warrant for a period of two years from the date of issuance, subject to an acceleration
provision should the Company’s Common Shares have a closing price of $0.45 per Common Share for
a period of 10 consecutive trading days.
In connection with the Private Placement, t he Company may pay a finder’s fee within the maximum
amount permitted by the policies of the TSX Venture Exchange. The Private Placement may close in
multiple tranches as subscriptions are received.
Closing of the Private Placement is subject to certain customary corporate and regulatory approvals,
including, without limitation, approval of the TSX Venture Exchange. The securities to be issued under
the Private Placement will be offered pursuant to applicable exemptions from the prospectus
requirements under applicable securities laws. Securities issued under the Private Placement will be
subject to a hold period which will expire four months and one day from the date of closing of the Private
Placement. The Private Placement will be available under the accredited investor exemption as well as
the existing shareholder exemption.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the United States. The securities have not been and will not be registered under the United
States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and
may not be offered or sold within the United States or to U.S. persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption from such registration is available.
The Company intends to use the proceeds to advance the exploration of its wholly owned exploration
properties in Nevada and for general and administration expenses.
About NV Gold Corporation
NV Gold owns 100% interest in 21 mineral exploration projects in Nevada, USA, comprising 639 mining
claims totalling 53.4 square kilometers (20.6 square miles). The Company is based in Vancouver, British
Columbia, and is focused on delivering value through mineral discoveries in Nevada. Leveraging its
expansive property portfolio, its highly experienced in -house technical team, its extensive geological
data library, and the recent increase in the price of gold, 2024 is expected to be highly productive for
NV Gold.
On behalf of the Board of Directors,
750 West Pender Street, Suite 250
Vancouver, British Columbia, V6C 2T7
Tel: +1 303.668.7991
www.nvgoldcorp.com
2
John Watson, President, Chairman, CEO and Director
For further information, visit the Company’s website at www.nvgoldcorp.com or contact:
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 press release contains “forward-looking information” within the meaning of applicable Canadian
securities legislation and statements that are based on the beliefs of management and reflect the
Company’s current expectations. When used in this press release, the words "estimate", "project",
"belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these
words or such variations thereon or comparable terminology are intended to identify forward-looking
statements and information. Such statements and information reflect the current view of the Company
and include, without limitation, statements regarding discussions of future plans, estimates and
forecasts and statements as to management's expectations and intentions with respect to, among other
things: the anticipated proceeds to be raised under the P rivate Placement; the use of any proceeds
raised under the Private Placement; the finder’s fees to be paid in connection with the Private
Placement; the closing of the Private Placement; and the Company receiving the approval of the TSX
Venture Exchange in connection with the Private Placement. Risks and uncertainties may cause actual
results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other
factors which may cause our actual results, performance or achievements, or other future events, to be
materially different from any future results, performance or achievements expressed or implied by such
forward-looking statements. The forward-looking information and forward-looking statements contained
in this press release are made as of the date of this press release, and the Company does not undertake
to update any forward -looking information or forward -looking statements that are contained or
referenced herein, except as may be required in accordance with applicable securities laws . All
subsequent written and oral forward-looking information and statements attributable to the Company or
persons acting on its behalf is expressly qualified in its entirety by this notice regarding forward-looking
information and statements.