NV Gold Announces Second Amendment to Triple T Property Lease
NV Gold (OTCQB:NVGLF) has announced a second amendment to its Triple T Property lease agreement. The company will issue 456,600 common shares at C$0.12 per share to settle an annual payment of US$40,000 (approximately C$54,800) owed to the Triple T lessees.
The amendment modifies the exploration and mining lease agreement originally dated June 21, 2021, and previously amended on June 7, 2024. The Payment Shares will be subject to TSX Venture Exchange approval and a four-month statutory hold period from issuance.
NV Gold (OTCQB:NVGLF) ha annunciato una seconda modifica al contratto di locazione della propriet脿 Triple T. La societ脿 emetter脿 456.600 azioni ordinarie al prezzo di C$0,12 per azione per saldare un pagamento annuale di 40.000 USD (circa C$54.800) dovuto ai locatari di Triple T.
La modifica riguarda il contratto di esplorazione e locazione mineraria originariamente datato 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 dalla data di emissione.
NV Gold (OTCQB:NVGLF) ha anunciado una segunda enmienda a su contrato de arrendamiento de la propiedad Triple T. La compa帽铆a emitir谩 456,600 acciones comunes a C$0.12 por acci贸n para saldar un pago anual de 40,000 USD (aproximadamente C$54,800) adeudado a los arrendatarios de Triple T.
La enmienda modifica el contrato de exploraci贸n y arrendamiento minero originalmente fechado el 21 de junio de 2021, y previamente enmendado el 7 de junio de 2024. Las acciones de pago estar谩n sujetas a la aprobaci贸n de la TSX Venture Exchange y a un per铆odo de retenci贸n legal de cuatro meses desde su emisi贸n.
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NV Gold (OTCQB:NVGLF) a annonc茅 un deuxi猫me amendement 脿 son contrat de location de la propri茅t茅 Triple T. La soci茅t茅 茅mettra 456 600 actions ordinaires au prix de 0,12 C$ par action pour r茅gler un paiement annuel de 40 000 USD (environ 54 800 C$) d没 aux locataires de Triple T.
L'amendement modifie le contrat d'exploration et de location mini猫re initialement dat茅 du 21 juin 2021, et pr茅c茅demment 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 l茅gale de quatre mois 脿 compter de leur 茅mission.
NV Gold (OTCQB:NVGLF) hat eine zweite 脛nderung des Mietvertrags f眉r das Triple T Grundst眉ck bekannt gegeben. Das Unternehmen wird 456.600 Stammaktien zu C$0,12 pro Aktie ausgeben, um eine j盲hrliche Zahlung von 40.000 USD (etwa C$54.800) an die Triple T P盲chter zu begleichen.
Die 脛nderung betrifft den Explorations- und Bergbaumietvertrag, der urspr眉nglich am 21. Juni 2021 abgeschlossen und zuvor am 7. Juni 2024 ge盲ndert wurde. Die Zahlung in Aktien unterliegt der Genehmigung der TSX Venture Exchange sowie einer viermonatigen gesetzlichen Haltefrist ab Ausgabe.
- None.
- Company settling US$40,000 cash obligation with share issuance, potentially indicating cash conservation needs
- Share issuance will result in dilution for existing shareholders
VANCOUVER, BC / / July 18, 2025 / NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company") announces that the Company has amended the terms of its agreement with the owners of the Triple T Property (the "Second Amendment"), as further described in the Company's news release dated July 8, 2025. Pursuant to the Second Amendment, the Company agreed to issue an aggregate of 456,600 common shares (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.
For more information on the original amendment and the Triple T Property lease, please refer to the Company's news release dated July 8, 2025.
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
View the original on ACCESS Newswire
FAQ
What is the second amendment to NVGLF's Triple T Property lease agreement?
How many shares will NVGLF issue under the Triple T Property lease amendment?
What is the hold period for NVGLF's newly issued Payment Shares?
When was the original Triple T Property lease agreement signed?
