on NV Gold Corporation (CVE:NVX)
NV Gold Completes Non-Brokered Private Placement
NV Gold Corporation has successfully closed a non-brokered private placement, issuing 3,225,000 units at $0.20 per unit, resulting in gross proceeds of $645,000. Each unit includes one common share and one warrant, exercisable at $0.50 for two years. The company holds an acceleration right if certain conditions are met, potentially expediting the warrant expiry.
A cash finder's fee of $2,400 was paid. Proceeds are earmarked for general working capital. An insider participated, classifying this as a related party transaction under MI 61-101, but it is exempt from certain requirements due to specific exemptions.
The securities are not registered under the United States Securities Act and are not offered in jurisdictions where it would be unlawful.
R. H.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all NV Gold Corporation news