NV Gold Completes Debt Settlement and Private Placement

On November 18, 2025, NV Gold Corporation announced the completion of its shares for debt transaction and the second tranche of its non-brokered private placement. This tranche involved the issuance of 277,777 units at $0.18 each, raising around $50,000. Each unit comprises a common share and a warrant, exercisable at $0.40 for 24 months.

The first tranche, closed earlier this month, raised $616,199. In total, NV Gold secured $666,199 through 3,701,107 units. The proceeds will support exploration at the Slumber Gold Project and other corporate needs. The issued securities are under a hold period of four months and a day.

Additionally, NV Gold settled a debt of US$167,160.50 with Mr. Watson by issuing 1,310,384 common shares. This transaction is classified as a "related party transaction" under MI 61-101, exempt from certain requirements due to the company's market status.