NexGold Announces C$10 Million Bought Deal Private Placement - NexGold
Summary
Each Warrant will be exercisable to acquire one Common Share of the Company for a period of 36 months at an exercise price of C$1.05 from the Closing Date (as defined below).The net proceeds of the Offering will be used for the continued advancement of the Companys mineral properties and for general corporate purposes.The Offering is expected to close on or about April 9, 2025 or such other date as agreed between the Company and the Underwriters (the Closing Date), and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals including the conditional approval of the TSX Venture Exchange (TSXV). In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska. NexGold is committed to inclusive, informed and meaningful dialogue with regional communities and Indigenous Nations throughout the life of all our Projects and on all aspects, including creating sustainable economic opportunities, providing safe workplaces, enhancing of social value, and promoting community wellbeing.Further details about NexGold, including the Prefeasibility Study for the Goliath Gold Complex and a Feasibility Study for the Goldboro Gold Project, are available under the Companys issuer profile on www.sedarplus.ca and on NexGolds website at .Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Forward-looking information may also be identified in statements where certain actions, events or results may, could, should, would, might, will be taken, occur or be achieved.Forward-looking information involve known or unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from those projected by such forward-looking statements. The forward-looking information contained herein is presented to assist shareholders in understanding the Companys plans and objectives and may not be appropriate for other purposes.