NV Gold Announces $1,000,000 Financing And Debt Settlement
NV Gold (OTCQB:NVGLF, TSXV:NVX) announced a non-brokered private placement to raise up to C$1,000,000 via issuance of up to 5,555,555 Units at C$0.18 per Unit, each Unit including one common share and one warrant exercisable at C$0.40 for 24 months. Proceeds are earmarked for a drill program, possible land acquisitions and general corporate purposes.
The company also intends to settle a US$168,213.70 (C$235,869.25) loan from CEO John Watson by issuing 1,684,780 common shares at a deemed price of C$0.14. Mr. Watson committed to subscribe for 3,200,000 Units (C$576,000). Both transactions are subject to TSXV and regulatory approvals and standard hold periods.
NV Gold (OTCQB:NVGLF, TSXV:NVX) ha annunciato un private placement non brokered per raccogliere fino a C$1,000,000 tramite l'emissione di fino a 5,555,555 Unità al prezzo di C$0,18 per Unità, ogni Unità comprendente una azione ordinaria e un warrant esercitabile a C$0,40 per 24 mesi. I proventi sono destinati a un programma di trivellazione, a possibili acquisizioni di terreni e a scopi aziendali generali.
L'azienda intende anche estinguere un prestito US$168,213.70 (C$235,869.25) del CEO John Watson emettendo 1,684,780 azioni ordinarie a un prezzo presunto di C$0,14. Il signor Watson si è impegnato a sottoscrivere 3,200,000 Unità (C$576,000). Entrambe le operazioni sono soggette ad approvazioni da parte della TSXV e delle autorità regolamentari e ai periodi di locking standard.
NV Gold (OTCQB:NVGLF, TSXV:NVX) anunció una colocación privada no brokered para recaudar hasta C$1,000,000 mediante la emisión de hasta 5,555,555 Unidades a C$0,18 por Unidad, cada Unidad incluye una acción ordinaria y un warrant ejercitable a C$0,40 durante 24 meses. Los fondos se destinarán a un programa de perforación, posibles adquisiciones de tierras y para fines corporativos generales.
La empresa también tiene la intención de saldar un préstamo de US$168,213.70 (C$235,869.25) del CEO John Watson emitiendo 1,684,780 acciones ordinarias a un precio estimado de C$0,14. El Sr. Watson se comprometió a suscribir 3,200,000 Unidades (C$576,000). Ambas transacciones están sujetas a aprobaciones de TSXV y regulatorias y a periodos de conservación estandar.
NV Gold (OTCQB:NVGLF, TSXV:NVX)는 최대 C$1,000,000를 모으기 위한 비중개 비공개 배정(private placement non-brokered)을 발표했습니다. 각 유닛은 1주 일반주와 24개월간 행사 가능한 워런트를 포함하며, 행사가는 C$0.40입니다. 조달된 자금은 드릴링 프로그램, 토지 취득 가능성 및 일반 기업 용도에 사용할 예정입니다.
또한 회사는 CEO 존 왓슨의 대출 US$168,213.70(C$235,869.25)을 1,684,780주 일반주를 발행해 상환할 예정이며, 가정 가격은 C$0.14입니다. 왓슨 씨는 3,200,000 Units에 구독하기로 약속했습니다(C$576,000). 두 거래 모두 TSXV 및 규제 당국의 승인과 일반 보류 기간의 적용을 받습니다.
NV Gold (OTCQB:NVGLF, TSXV:NVX) a annoncé une placement privé non intermédié pour lever jusqu'à C$1,000,000 par l'émission de jusqu'à 5,555,555 Unités à C$0,18 par Unit
remorque: chaque Unit comprend une action ordinaire et un warrant exerçable à C$0,40 pendant 24 mois. Les fonds sont destinés à un programme de forage, éventuelles acquisitions de terrain et à des fins générales de l'entreprise.
L'entreprise envisage aussi de régler un prêt de US$168,213.70 (C$235,869.25) du PDG John Watson en émettant 1,684,780 actions ordinaires à un prix implicite de C$0,14. M. Watson s'est engagé à souscrire à 3,200,000 Unités (C$576,000). Les deux opérations sont soumises aux approbations de TSXV et des autorités réglementaires et à des périodes de blocage standard.
NV Gold (OTCQB:NVGLF, TSXV:NVX) announce eine nicht-brokered private placement, um bis zu C$1,000,000 zu beschaffen, durch Ausgabe von bis zu 5,555,555 Units zu C$0,18 pro Unit. Jede Unit enthält eine Stammaktie und eine auswählbares Warrant, das für 24 Monate zu C$0,40 ausübbar ist. Die Erlöse sind für ein Bohrprogramm, mögliche Landerwerbungen und allgemeine Unternehmenszwecke vorgesehen.
Das Unternehmen beabsichtigt auch, einen Kredit von US$168,213.70 (C$235,869.25) des CEO John Watson durch Ausgabe von 1,684,780 Stammaktien zu einem angenommenen Preis von C$0,14 zu tilgen. Herr Watson hat sich verpflichtet, 3,200,000 Units (C$576,000) zu zeichnen. Beide Transaktionen bed&uerfen der Genehmigungen der TSXV und regulatorischer Zulassungen sowie typischer Sperrfristen.
NV Gold (OTCQB:NVGLF, TSXV:NVX) أعلنت عن طرح خاص غير وسيط جمع حتى C$1,000,000 من خلال إصدار حتى 5,555,555 وحدة بسعر C$0.18 للوحدة، كل وحدة تتضمن سهماً عادياً واحداً و warranth قابل للتصرّف بسعر C$0.40 لمدة 24 شهراً. العائدات مخصّصة لبرنامج حفر وربما acquisitions للأراضي وللاستخدامات العامة للشركة.
كما تنوي الشركة تسديد قرض قدره US$168,213.70 (C$235,869.25) من الرئيس التنفيذي جون واتسون من خلال إصدار 1,684,780 سهم عادي بسعر مُقدر C$0.14. السيد واتسون تعهد بالاشتراك في 3,200,000 وحدة (C$576,000). كلا الصفقتين خاضعتان لموافقات TSXV والجهات التنظيمية وللفترات القيود القياسية.
NV Gold (OTCQB:NVGLF, TSXV:NVX) 宣布了一项非经纪私募，募集上限为 C$1,000,000，通过发行最多 5,555,555 单位，每单位价格为 C$0.18。每单位包含一股普通股和一份在 24 个月内可行使的认股权证，行使价为 C$0.40。募集资金用于钻探计划、可能的土地收购以及一般公司用途。
公司还计划通过发行 1,684,780 股普通股，以推定价格 C$0.14，偿还 CEO John Watson 的 US$168,213.70（C$235,869.25）贷款。Watson 先生承诺认购 3,200,000 单位（C$576,000）。两笔交易均需获得 TSXV 和监管机构的批准以及标准锁定期。
- Up to C$1.0M financing to fund exploration
- 5,555,555 Units include warrants exercisable at C$0.40 for 24 months
- Insider subscription of 3,200,000 Units (C$576,000) signals management support
- Potential dilution from up to 5,555,555 new Units and 1,684,780 settlement shares
- Related-party Debt Settlement with CEO may raise governance questions
- Both Offering and Debt Settlement subject to TSXV approval, not guaranteed
Not for dissemination in the United States or through U.S. newswires
VANCOUVER, BC / ACCESS Newswire / October 22, 2025 / NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company"), is pleased to announce a non-brokered private placement for gross proceeds of up to C
Each Unit consists of one common share of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to acquire one additional Common Share at a price of C
The Company will use the proceeds of the Offering to initiate a drill program, possible land acquisitions and for general corporate purposes.
The securities issued in the Offering will be subject to applicable hold periods imposed under applicable securities legislation, including a hold period of 4 months and one day from the date of issuance. The Company may pay a finder's fee on a portion of the gross proceeds of the Offering. The Offering remains subject to regulatory approval and the approval of the TSX Venture Exchange (the "TSXV").
Debt Settlement
The Company also announces that it intends to issue 1,684,780 common shares of the Company (the "Settlement Shares") at a deemed price of C
The Debt Settlement is subject to all necessary regulatory approvals, including acceptance from the TSXV. All securities issued in connection with the Debt Settlement will be subject to applicable hold periods imposed under applicable securities legislation, including a hold period of 4 months and one day from the date of issuance.
MI 61-101
Mr. Watson has committed to subscribe for 3,200,000 Units in the Offering for an aggregate purchase price of C
No U.S. Registration
The foregoing securities being offered have not been and will not be registered under the U.S. Securities Act and may not be offered or sold in the United States, or to, or for the account or benefit of, U.S. persons or persons in the United States, absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.
About NV Gold Corporation
NV Gold Corporation is a well-organized exploration company with 19.2 million shares issued and outstanding. NV Gold has 21 exploration projects in Nevada comprising 639
On behalf of the Board of Directors,
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 TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accept responsibility for the adequacy or accuracy of this release.
Cautionary Statements Regarding Forward-Looking Information
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include, without limitation, statements related to management's expectations and intentions with respect to, among other things: the completion of the Offering and the Debt Settlement, the anticipated proceeds to be raised under the Offering; the intended use of proceeds raised under the Offering; Mr. Watson's participation in the Offering and the Debt Settlement; and the potential payment of finder's fees in connection with the Offering. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive.
In making the forward-looking statements in this news release, the Company has applied certain material assumptions, including without limitation, the Company will obtain the required regulatory approvals for the Offering and the Debt Settlement; the Company will be able to complete the Offering and the Debt Settlement on the terms disclosed; that Mr. Watson will participate in the Offering and the Debt Settlement in the amount currently expected; the Company will be able to raise the anticipated proceeds under the Offering; and the Company will use the proceeds of the Offering as currently anticipated.
These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, delays in obtaining or failure to obtain the required regulatory approvals for the Offering and the Debt Settlement; market uncertainty; the inability of the Company to complete the Offering or the Debt Settlement on the terms disclosed, or at all; the inability of the Company to raise the anticipated proceeds under the Offering; that Mr. Watson's intended participation in the Offering or the Debt Settlement will change; and changes in the Company's business plans impacting the intended use of proceeds raised under the Offering.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
SOURCE: NV Gold Corporation
View the original press release on ACCESS Newswire
FAQ
What are the terms of NV Gold's C$1,000,000 private placement (NVGLF)?
How will NV Gold (NVGLF) use proceeds from the C$1,000,000 financing?
What is the Debt Settlement involving NV Gold CEO John Watson (NVGLF)?
How much is CEO John Watson investing in NV Gold's (NVGLF) offering?
Are NV Gold's (NVGLF) new securities immediately tradable in the U.S.?
