NV Gold Announces Amended Triple T Property Lease Agreement
NV Gold Corporation (OTCQB:NVGLF) has amended its Triple T Property lease agreement in Pershing County, Nevada. The company will issue 313,000 common shares at C$0.175 per share to settle an annual payment of US$40,000 (approximately C$54,800) under the agreement.
The amended agreement modifies the terms of the original exploration and mining lease agreement from June 21, 2021, which was previously amended on June 7, 2024. The Payment Shares will be subject to TSX Venture Exchange approval and a four-month statutory hold period.
NV Gold Corporation (OTCQB:NVGLF) ha modificato il contratto di locazione della propriet脿 Triple T nella contea di Pershing, Nevada. L'azienda emetter脿 313.000 azioni ordinarie al prezzo di C$0,175 per azione per saldare un pagamento annuale di 40.000 USD (circa C$54.800) previsto dall'accordo.
Il contratto modificato cambia i termini dell'accordo originale di esplorazione e concessione mineraria del 21 giugno 2021, gi脿 modificato in precedenza il 7 giugno 2024. Le azioni di pagamento saranno soggette all'approvazione della TSX Venture Exchange e a un periodo di blocco statutario di quattro mesi.
NV Gold Corporation (OTCQB:NVGLF) ha modificado su contrato de arrendamiento de la propiedad Triple T en el condado de Pershing, Nevada. La empresa emitir谩 313,000 acciones ordinarias a C$0.175 por acci贸n para saldar un pago anual de US$40,000 (aproximadamente C$54,800) seg煤n el acuerdo.
El acuerdo modificado cambia los t茅rminos del contrato original de exploraci贸n y miner铆a del 21 de junio de 2021, que ya hab铆a sido modificado el 7 de junio de 2024. Las acciones de pago estar谩n sujetas a la aprobaci贸n de la TSX Venture Exchange y a un per铆odo de retenci贸n legal de cuatro meses.
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NV Gold Corporation (OTCQB:NVGLF) a modifi茅 son contrat de location pour la propri茅t茅 Triple T dans le comt茅 de Pershing, Nevada. La soci茅t茅 茅mettra 313 000 actions ordinaires 脿 0,175 $ CA par action pour r茅gler un paiement annuel de 40 000 $ US (environ 54 800 $ CA) conform茅ment 脿 l'accord.
Le contrat modifi茅 ajuste les termes de l'accord initial d'exploration et de location mini猫re du 21 juin 2021, d茅j脿 amend茅 le 7 juin 2024. Les actions de paiement seront soumises 脿 l'approbation de la TSX Venture Exchange et 脿 une p茅riode de blocage statutaire de quatre mois.
NV Gold Corporation (OTCQB:NVGLF) hat den Mietvertrag f眉r das Triple T Grundst眉ck im Pershing County, Nevada, ge盲ndert. Das Unternehmen wird 313.000 Stammaktien zu je C$0,175 pro Aktie ausgeben, um eine j盲hrliche Zahlung von 40.000 US-Dollar (ca. C$54.800) gem盲脽 dem Vertrag zu begleichen.
Die ge盲nderte Vereinbarung 盲ndert die Bedingungen des urspr眉nglichen Explorations- und Bergbaumietvertrags vom 21. Juni 2021, der bereits am 7. Juni 2024 ge盲ndert wurde. Die Zahlung in Aktien unterliegt der Genehmigung der TSX Venture Exchange und einer gesetzlichen Sperrfrist von vier Monaten.
- Settlement of US$40,000 payment obligation through share issuance preserves cash
- Maintains exploration rights to Triple T Property in Nevada
- Share issuance of 313,000 shares results in dilution for existing shareholders
VANCOUVER, BC / / July 8, 2025 / NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company") announces that the Company has reached an agreement (the "Amendment") to amend the terms of the exploration and mining lease agreement dated June 21, 2021, as amended June 7, 2024, between the Company's wholly-owned subsidiary, NV Gold Corporation (USA), Inc. ("NV Gold USA") and the owners of the Triple T property, pursuant to which the Company has the exclusive right to explore on and evaluate the Triple T Property in Pershing County, Nevada (the "Agreement"). Pursuant to the Amendment, the Company has agreed to issue an aggregate of 313,000 common shares of the Company (the "Payment Shares") at a price of C
The issuance of the Payment Shares is subject to TSX Venture Exchange approval. The Payment Shares will be subject to a statutory hold period of four months from the date of issuance, in accordance with applicable securities legislation.
About NV Gold Corporation
NV Gold Corporation is a well-organized exploration company with 18.7 million shares issued and outstanding. NV Gold has 21 exploration projects in Nevada comprising 639
Leveraging its expansive property portfolio, its highly experienced in-house technical team, and its extensive geological data library, 2025 promises to be highly productive for NV Gold.
On behalf of the Board of Directors,
John Watson, President, Chairman, CEO and Director
For further information, visit the Company's website at or contact:
Freeform Communications at 604.245.0054
Neither the 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.
SOURCE: NV Gold Corporation
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FAQ
What are the terms of NVGLF's amended Triple T Property lease agreement?
How many shares is NV Gold (NVGLF) issuing for the Triple T Property payment?
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Where is NV Gold's Triple T Property located?
