NV Gold Announces Grant of Stock Options

Rhea-AI Summary

NV Gold (OTCQB:NVGLF) granted an aggregate 575,000 stock options to certain directors, officers and consultants at an exercise price of $0.60 per share for a term of five years. The options are issued under the company’s stock option plan and remain subject to regulatory approval.

According to NV Gold, the company is a mineral exploration issuer with approximately 32.4 million shares outstanding and no debt. It holds 11 projects in Nevada and one in Switzerland, with Slumber and SW Pipe identified as priority projects.

Positive

• No debt reported on the company’s balance sheet
• Approximately 32.4 million shares outstanding, providing clarity on capital structure

Negative

• New options of 575,000 shares create potential equity dilution over five years

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VANCOUVER, BC / ACCESS Newswire / August 17, 2026 / NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company") announces that it has granted an aggregate of 575,000 stock options to certain directors, officers and consultants of the Company at a price of $0.60 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 ~32.4 million shares issued and no debt. NV Gold has 11 exploration projects in Nevada, and one in Switzerland. The Company has two priority projects - Slumber and SW Pipe. 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, 2026 promises to be highly productive for NV Gold.

On behalf of the Board of Directors,

John Watson, Chairman and CEO

For further information, visit the Company's website at www.nvx.gold 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 did NV Gold (OTCQB:NVGLF) announce on August 17, 2026 regarding stock options?

NV Gold announced it granted an aggregate 575,000 stock options at $0.60 per share for five years. According to NV Gold, the options were issued to certain directors, officers and consultants under its stock option plan, subject to regulatory approval.

What is the exercise price and term of the new NV Gold (NVGLF) stock options?

The new NV Gold stock options have an exercise price of $0.60 per share and a five-year term. According to NV Gold, these options were granted under its stock option plan and remain subject to regulatory approval from the relevant authorities.

How many NV Gold (NVGLF) stock options were granted and to whom were they issued?

NV Gold granted 575,000 stock options to certain directors, officers and consultants of the company. According to NV Gold, these options form part of its stock option plan and are contingent on receiving required regulatory approvals before becoming fully effective.

What potential dilution could NV Gold (NVGLF) shareholders face from the new option grant?

Shareholders face potential dilution from 575,000 new options, which may convert into shares if exercised. According to NV Gold, these options are priced at $0.60 per share and have a five-year term under the company’s existing stock option plan.

What is NV Gold’s current share count and debt position after the August 2026 option grant?

NV Gold reports approximately 32.4 million shares issued and no debt outstanding. According to NV Gold, the 575,000 stock options announced on August 17, 2026 are potential future equity and do not immediately change the current shares outstanding figure.

What exploration projects does NV Gold (NVGLF) focus on following its August 2026 option grant?

NV Gold focuses on 11 exploration projects in Nevada and one in Switzerland, with Slumber and SW Pipe as priority assets. According to NV Gold, the company aims to deliver value through mineral discoveries in Nevada using its technical team and geological data library.