Welcome to our dedicated page for Nv Gold news (Ticker: NVGLF), a resource for investors and traders seeking the latest updates and insights on Nv Gold stock.
NV Gold Corporation (NVGLF) is a mineral exploration leader focused on discovering gold, silver, and copper deposits across its 21 Nevada-based projects. This page provides investors and industry observers with a centralized resource for all official company announcements and developments.
Access timely updates on exploration results, strategic financing agreements, and operational milestones. Our curated collection includes press releases covering project advancements, geological findings, and corporate updates, ensuring you stay informed about this active explorer in one of North America's most prolific mining regions.
Key content includes updates on flagship projects like Root Spring and Oasis, financial reporting disclosures, and technical insights from NV Gold's experienced geological team. All materials are sourced directly from company filings and authorized communications.
Bookmark this page for streamlined access to NVGLF's latest developments. Combine our news feed with Stock Titan's analysis tools to track the company's progress in Nevada's competitive mineral exploration sector.
NV Gold (TSXV:NVX)(OTCQB:NVGLF) has announced an extension of two secured loans, totaling US$200,000, issued by CEO John Watson. The loans, initially due one year from issuance or upon demand, now mature on July 10, 2025, or earlier if repayment is demanded. These loans are secured by a share pledge agreement involving NV Gold's US subsidiary. The transaction classifies as a 'related party transaction' under Multilateral Instrument 61-101 but is exempt from valuation and minority shareholder approval requirements, as it doesn't exceed 25% of the Company's market capitalization and is on reasonable terms. The announcement was expedited for business reasons.
NV Gold has amended its lease agreement for the Triple T property in Pershing County, Nevada.
As part of the amendment, NV Gold will issue 100,000 common shares at C$0.30 per share to cover an annual payment of US$30,000.
This issuance is subject to TSX Venture Exchange approval and will have a statutory hold period of four months.
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