Insider Participation

NV Gold (NVGLF) closed the first tranche of a private placement, raising $616,199 for exploration at the Slumber Gold Project. The offering consisted of 3,423,330 Units at $0.18, each including a share and a warrant exercisable at $0.40. Insiders subscribed for 3,190,000 Units, increasing John Watson’s stake to 58.65%. Proceeds will fund exploration and working capital. Securities are subject to a four-month hold. TSXV approval is required.

Scryb (SCYRF) granted 3,870,000 stock options, exercisable at $0.12 per share for five years, to company stakeholders; 2,910,000 options were allocated to directors and officers. The grants fall under the Omnibus Long-Term Incentive Plan and include a four-month resale restriction. The company utilized exemptions under MI 61-101 regarding valuation and minority shareholder approval for insider participation, which may draw scrutiny. The options aim to incentivize personnel but also pose potential dilution risks.