Slumber Gold Project

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.

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.