NV Gold Arranges CDN$3 Million Private Placement and Prepares for its Most Active Exploration Year on Record
Not for Distribution to U.S. News Wire Services or for Dissemination in the U.S.”NV Gold Corporation is pleased to announce that the Company has arranged subscriptions for a non-brokered private placement of units of the Company for gross proceeds of CDN$3,000,000 at CDN$0.25 per Unit. Each Unit will consist of one Share and one Warrant exercisable at CDN$0.40 per share for 36 months from issue of the Units. …
“Not for Distribution to U.S. News Wire Services or for Dissemination in the U.S.”
NV Gold Corporation: NV Gold Signs up to US$10 Million Option Deal with Hochschild on its 100% Controlled SW Pipe Gold Project
NV Gold or the
Company ) reports that Hochschild Mining (US) Inc. ( HOC US ), a subsidiary of Hochschild Mining PLC ( Hochschild ) (LSE:HOC), has entered into an option agreement (the Agreement ) with it in respect of the Company s 100% controlled SW Pipe Gold Project (the Property ), located along the Cortez Gold Belt approximately 6 km southwest of the Pipeline Gold Mine operated by Nevada Gold Mines (joint venture between Barrick Gold Corp. and Newmont Corporation).
Highlights of the Option Agreement:
Within 30 days of signing the Agreement HOC US will pay the Company US$50,000 plus the annual renewal costs of the Property in 2020.