NevGold Announces Entry Into Standstill With GoldMining
NevGold Corp. (OTCQX:NAUFF) has entered into a significant standstill agreement with GoldMining Inc., its largest shareholder. Under the agreement, GoldMining, which holds 19,073,350 shares (16.7%) of NevGold's outstanding common shares, has committed not to sell shares through open market transactions for 18 months.
The company anticipates an active end to 2025, with upcoming updates from its portfolio including the Limousine Butte (oxide gold-antimony), Nutmeg Mountain (oxide gold), and Zeus (copper) projects in Nevada and Idaho.
NevGold Corp. (OTCQX:NAUFF) ha siglato un importante accordo di standstill con GoldMining Inc., suo principale azionista. In base all'accordo, GoldMining, che detiene 19.073.350 azioni (16,7%) del capitale ordinario in circolazione di NevGold, si è impegnata a non vendere azioni sul mercato aperto per 18 mesi.
L'azienda prevede un finale del 2025 intenso, con aggiornamenti imminenti sul suo portafoglio che includono i progetti Limousine Butte (oro-antimonio ossidati), Nutmeg Mountain (oro ossidato) e Zeus (rame) in Nevada e Idaho.
NevGold Corp. (OTCQX:NAUFF) ha suscrito un importante acuerdo de standstill con GoldMining Inc., su mayor accionista. Según el acuerdo, GoldMining, que posee 19.073.350 acciones (16,7%) de las acciones ordinarias en circulación de NevGold, se compromete a no vender acciones en el mercado abierto durante 18 meses.
La compañía anticipa un final de 2025 activo, con próximas actualizaciones de su cartera que incluyen los proyectos Limousine Butte (oro-antimonio óxidos), Nutmeg Mountain (oro óxido) y Zeus (cobre) en Nevada e Idaho.
NevGold Corp. (OTCQX:NAUFF)는 최대 주주인 GoldMining Inc.과 중대한 스탠드스틸 계약을 체결했습니다. 해당 계약에 따라 NevGold의 발행 보통주 중 19,073,350주(16.7%)를 보유한 GoldMining은 18개월 동안 공개 시장에서 주식을 매도하지 않기로 약속했습니다.
회사는 2025년 말이 활발할 것으로 전망하며, 네바다와 아이다호에 있는 포트폴리오의 업데이트로 Limousine Butte(산화 금-안티모니), Nutmeg Mountain(산화 금), Zeus(구리) 프로젝트에 대한 소식이 곧 있을 예정이라고 밝혔습니다.
NevGold Corp. (OTCQX:NAUFF) a conclu un important accord de standstill avec GoldMining Inc., son principal actionnaire. En vertu de cet accord, GoldMining, qui détient 19 073 350 actions (16,7 %) des actions ordinaires en circulation de NevGold, s'engage à ne pas vendre d'actions sur le marché ouvert pendant 18 mois.
La société prévoit une fin d'année 2025 active, avec des mises à jour à venir sur son portefeuille, notamment les projets Limousine Butte (or-antimoine oxydé), Nutmeg Mountain (or oxydé) et Zeus (cuivre) au Nevada et dans l'Idaho.
NevGold Corp. (OTCQX:NAUFF) hat eine bedeutende Standstill-Vereinbarung mit GoldMining Inc., seinem größten Aktionär, geschlossen. Nach der Vereinbarung verpflichtet sich GoldMining, das 19.073.350 Aktien (16,7%) der ausstehenden Stammaktien von NevGold hält, für 18 Monate keine Aktien über den offenen Markt zu verkaufen.
Das Unternehmen rechnet mit einem aktiven Ende des Jahres 2025 und kündigt baldige Updates aus seinem Portfolio an, darunter die Projekte Limousine Butte (oxidisches Gold-Antimon), Nutmeg Mountain (oxidisches Gold) und Zeus (Kupfer) in Nevada und Idaho.
- Secured 18-month standstill agreement with largest shareholder GoldMining (16.7% ownership)
- Strong shareholder commitment demonstrated through lock-up of significant ownership stake
- Active development pipeline across multiple precious and base metal projects
- Significant share concentration with single shareholder (16.7%) could impact stock liquidity
Vancouver, British Columbia, Aug. 28, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has entered into a standstill agreement with GoldMining Inc. (“GoldMining”), pursuant to which GoldMining has agreed not to, directly or indirectly, sell common shares of NevGold through open market transactions for a period of 18 months, subject to certain customary exceptions. GoldMining holds, and has control and direction over, 19,073,350 common shares, representing approximately
NevGold CEO, Brandon Bonifacio, comments: “We are pleased to execute this Standstill Agreement with GoldMining, which prohibits selling, transferring or disposing NevGold shares for a period of 18 months through open market transactions. The Company will have an extremely active end to 2025, and we will have more updates out shortly from our Limousine Butte (oxide gold-antimony), Nutmeg Mountain (oxide gold), and Zeus (copper) projects.”
GoldMining CEO, Alastair Still, comments: “We continue to be supportive of NevGold and continue to be its largest shareholder holding
ON BEHALF OF THE BOARD
“Signed”
Brandon Bonifacio, President & CEO
For further information, please contact Brandon Bonifacio at bbonifacio@nev-gold.com, call 604-337-4997, or visit our website at www.nev-gold.com.
About the Company
NevGold is an exploration and development company targeting large-scale mineral systems in the proven districts of Nevada and Idaho. NevGold owns a
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 release.
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