NV Gold Corporation Grants Stock Options
NV Gold Corporation has approved the issuance of 1,225,000 stock options to its officers, directors, and consultants, allowing them to purchase the same number of common shares. Each option is exercisable for five years at an exercise price of $0.07 per share, pending approval from the TSX Venture Exchange. With approximately 89 million shares issued and no debt, NV Gold is positioned to leverage its extensive property portfolio and geological data library for future mineral discoveries in Nevada. The company is focused on delivering value through exploration and expects 2023 to be a productive year.
- Issuance of 1,225,000 stock options may incentivize management and align their interests with shareholders.
- Company has no debt, providing a stable financial position for future growth.
- Approximately 89 million shares issued indicates a manageable capital structure.
- Stock options issuance could lead to potential dilution for existing shareholders if exercised.
VANCOUVER, BC / ACCESSWIRE / April 25, 2023 / NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company") announces that it has approved the issuance of 1,225,000 stock options to officers, directors and consultants of the Company to purchase up to 1,225,000 common shares in the capital of the Company (each, a "Share") pursuant to the Company's Stock Option Plan. Each option vested immediately and is exercisable for a period of five (5) years at an exercise price of
About NV Gold Corporation
NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) is a well-organized and well-financed exploration company with ~89 million shares issued and no debt. The Company is based in Vancouver, British Columbia, and Reno, Nevada and is focused on delivering value through mineral discoveries in Nevada, USA. Leveraging its expansive property portfolio, its highly experienced in-house technical team, and its extensive geological data library, 2023 promises to be highly productive for NV Gold.
On behalf of the Board of Directors,
John Seaberg, Director, and CEO
For further information, visit the Company's website at www.nvgoldcorp.com or contact:
Freeform Communications at 604.245.0054
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation and statements that are based on the beliefs of management and reflect the Company's current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company and include, without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things: the Company obtaining regulatory approval for the grant of the stock options. Risks and uncertainties may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information or forward-looking statements that are contained or referenced herein, except as may be required in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice regarding forward-looking information and statements.
SOURCE: NV Gold Corporation
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