NV Gold Completes Non-Brokered Private Placement

NV Gold Corporation has successfully closed its non-brokered private placement, issuing 2,079,002 units at a price of $0.20 per unit, generating gross proceeds of $415,800. Each unit comprises one common share and one transferable common share purchase warrant. These warrants are exercisable at $0.50 and will expire two years from issuance.

The securities come with a statutory hold period, expiring four months and one day after the closing of the offering. The funds raised are intended for general working capital. The issued securities will not be registered under the United States Securities Act of 1933, limiting sale opportunities within the U.S. market.

NV Gold focuses on exploration projects in Nevada and Switzerland, aiming to leverage its property portfolio and technical expertise for successful mineral discoveries. With no debt and approximately 26.2 million shares issued, the company is well-positioned for future growth.