NPDCF - NPDCF STOCK NEWS

New Placer Dome Gold Corp. and Copaur Minerals have announced positive results from a geophysical survey at the Bolo Gold-Silver Project in Nevada. The 14.4 km IP/resistivity survey identified high-priority exploration targets north of the drill-confirmed South Mine Fault Zone. Key findings indicate the presence of a 1,000 x 500 metre outlier of Windfall Formation rocks and associated pathfinder element anomalies. CEO Max Sali emphasized the significance of these findings for future drilling campaigns, highlighting the potential for new gold mineralization.

New Placer Dome Gold Corp. has initiated a 1,700 metre diamond drill program at the Bolo gold-silver project in Nevada, focusing on expanding high-grade gold-silver oxide zones. The program includes six high-priority drill holes and aims to enhance the geological model of the South Mine Fault Zone. The company has completed its final share issuance under the Bolo earn-in agreement, worth USD $250,000, and has secured a US$840,000 convertible loan from Copaur Minerals to fund exploration. A proposed acquisition by Copaur is also in progress.

Copaur Minerals and New Placer Dome Gold Corp are set to merge, creating a leading gold-copper exploration company in North America. The binding Letter Agreement signed on November 30, 2021, allows Copaur to acquire all outstanding shares of New Placer Dome. Shareholders of New Placer Dome will receive a significant premium of 61% based on the closing price prior to the announcement. The combined entity aims to leverage their resources for enhanced exploration capabilities across two prolific mining districts. The completion of this transaction is anticipated by late March 2022.

New Placer Dome Gold Corp. has successfully completed the second tranche of its non-brokered private placement, raising $448,000 by issuing 5,600,000 units at $0.08 each. The total gross proceeds from the two tranches amounted to $4,858,472. The funds will be allocated towards payments to Liberty Gold Corp., covering exploration costs, and general working capital. Each unit includes a share and a warrant exercisable at $0.12 for three years. All securities issued are subject to a four-month hold period.

New Placer Dome Gold Corp. announced the closure of the first tranche of a non-brokered private placement, issuing 55,130,900 units at $0.08 each for total gross proceeds of $4,410,472. Each unit consists of one share and one warrant, purchasable at $0.12 over 36 months. The funds will be directed towards payments to Liberty Gold and for exploration and operational costs. This tranche includes related party transactions exempt from formal valuation. Liberty Gold emerges as the largest shareholder with 15.8% ownership following the transaction.

New Placer Dome Gold Corp. (TSXV:NGLD)(OTCQB:NPDCF) announced a non-brokered private placement aiming to raise $4M to $5M at $0.08 per unit. Each unit includes a common share and a warrant exercisable at $0.12 within three years. The Company is also in talks with Liberty Gold to amend the Kinsley Option Agreement, reducing cash and share payments. Additionally, a geophysics survey is set to begin on September 18, 2021, targeting prospective areas at the Kinsley Mountain Gold Project. The project holds significant gold resources, with 418,000 ounces indicated and 117,000 ounces inferred.