Shares-for-Debt

NV Gold (NVGLF / TSXV:NVX) closed a shares-for-debt deal and the final tranche of a private placement, raising about C$666,199. Proceeds will fund exploration at the Slumber Gold Project and bolster working capital. The offering included units with warrants exercisable at C$0.40. The company issued 1,310,384 shares for debt settlement, potentially diluting shareholder value. Securities are subject to a hold period and TSXV approval. The financing aims to advance exploration and unlock the potential of the Slumber Gold Project.