NV Gold Announces Grant Of Stock Options

Rhea-AI Summary

NV Gold Corporation (NVGLF) has announced the granting of 655,000 stock options to its directors, officers, and employees. The stock options are priced at $0.15 per share and will have a five-year exercise period. The options are pending regulatory approval and are being issued under the company's existing stock option plan.

News Market Reaction

-16.83%

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-16.83% News Effect

On the day this news was published, NVGLF declined 16.83%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

VANCOUVER, BC / ACCESS Newswire / June 2, 2025 / NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company"), announces that it has granted an aggregate of 655,000 stock options to certain directors, officers and employees of the Company at a price of $0.15 per share for a period of five years. The options are subject to regulatory approval and are granted under the Company's stock option plan.

About NV Gold Corporation

NV Gold Corporation is a well-organized exploration company with 15.2 million shares issued and outstanding. NV Gold has 21 exploration projects in Nevada comprising 639 100%-Company-owned lode mining claims totaling 53.4 square kilometers (20.6 square miles). The Company is based in Vancouver, British Columbia, and Reno, Nevada, and is focused on delivering value through mineral discoveries in Nevada, USA.

Leveraging its expansive property portfolio, its highly experienced in-house technical team, and its extensive geological data library, 2025 promises to be highly productive for NV Gold.

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.

SOURCE: NV Gold Corporation

View the original press release on ACCESS Newswire

FAQ

What is the strike price and expiration for NVGLF's newly granted stock options?

The stock options have a strike price of $0.15 per share and will expire in five years from the grant date of June 2, 2025.

How many stock options did NV Gold Corporation (NVGLF) grant in June 2025?

NV Gold Corporation granted 655,000 stock options to directors, officers, and employees of the company.

Who received the stock options granted by NV Gold (NVGLF)?

The stock options were granted to certain directors, officers, and employees of NV Gold Corporation.

Are the NVGLF stock options immediately exercisable?

The stock options are subject to regulatory approval and are granted under the company's stock option plan before they can be exercised.