NV Gold Secures $30,000 through Warrant Exercise
NV Gold (NVGLF) has announced that its President, Chairman, CEO and director John Watson has exercised 100,000 common share purchase warrants at $0.30 per warrant, generating proceeds of $30,000 for the company.
Following this transaction, Watson's holdings increased to 2,040,543 common shares, 97,500 stock options, and 1,025,000 warrants. His ownership now represents approximately 20.25% of the company's outstanding shares (28.25% on a partially diluted basis). This increase has made Watson a 'Control Person' of the company, a status that received disinterested shareholder approval at the annual general meeting on January 23, 2025.
NV Gold (NVGLF) ha annunciato che il suo Presidente, Chairman, CEO e direttore John Watson ha esercitato 100.000 warrant per l'acquisto di azioni ordinarie a $0,30 per warrant, generando ricavi di $30.000 per l'azienda.
Dopo questa transazione, le partecipazioni di Watson sono aumentate a 2.040.543 azioni ordinarie, 97.500 opzioni su azioni e 1.025.000 warrant. La sua proprietà rappresenta ora circa 20,25% delle azioni in circolazione dell'azienda (28,25% su base parzialmente diluita). Questo aumento ha reso Watson una 'Persona di Controllo' dell'azienda, uno status che ha ricevuto l'approvazione degli azionisti non interessati durante l'assemblea generale annuale del 23 gennaio 2025.
NV Gold (NVGLF) ha anunciado que su Presidente, Chairman, CEO y director John Watson ha ejercido 100.000 warrants de compra de acciones ordinarias a $0.30 por warrant, generando ingresos de $30.000 para la compañía.
Tras esta transacción, las participaciones de Watson aumentaron a 2.040.543 acciones ordinarias, 97.500 opciones sobre acciones y 1.025.000 warrants. Su propiedad ahora representa aproximadamente 20.25% de las acciones en circulación de la compañía (28.25% en una base parcialmente diluida). Este aumento ha convertido a Watson en una 'Persona de Control' de la compañía, un estatus que recibió la aprobación de los accionistas no interesados en la reunión general anual del 23 de enero de 2025.
NV Gold (NVGLF)는 그 총재이자 회장, CEO 및 이사인 John Watson이 100,000개의 보통주 매수 권리를 $0.30에 행사하여 회사에 $30,000의 수익을 창출했다고 발표했습니다.
이번 거래 이후, Watson의 보유 주식은 2,040,543주, 97,500개의 스톡 옵션, 1,025,000개의 워런트로 증가했습니다. 그의 소유는 이제 회사의 발행 주식의 약 20.25%를 차지하며 (부분 희석 기준으로 28.25%), 이 증가는 Watson을 회사의 '통제자'로 만들었습니다. 이 지위는 2025년 1월 23일 연례 총회에서 이해관계가 없는 주주들의 승인을 받았습니다.
NV Gold (NVGLF) a annoncé que son Président, Chairman, CEO et directeur John Watson a exercé 100 000 bons de souscription d'actions ordinaires à 0,30 $ par bon, générant des revenus de 30 000 $ pour la société.
Suite à cette transaction, les participations de Watson ont augmenté à 2 040 543 actions ordinaires, 97 500 options sur actions et 1 025 000 bons. Sa propriété représente désormais environ 20,25% des actions en circulation de la société (28,25% sur une base partiellement diluée). Cette augmentation a fait de Watson une 'Personne de Contrôle' de la société, un statut qui a reçu l'approbation des actionnaires non intéressés lors de l'assemblée générale annuelle du 23 janvier 2025.
NV Gold (NVGLF) hat bekannt gegeben, dass sein Präsident, Vorsitzender, CEO und Direktor John Watson 100.000 Aktienkaufwarrants zu je 0,30 $ ausgeübt hat, was dem Unternehmen Einnahmen von 30.000 $ einbringt.
Nach dieser Transaktion stiegen Watsons Bestände auf 2.040.543 Stammaktien, 97.500 Aktienoptionen und 1.025.000 Warrants. Sein Anteil repräsentiert nun etwa 20,25% der ausstehenden Aktien des Unternehmens (28,25% auf einer teilweise verwässerten Basis). Dieser Anstieg hat Watson zu einer 'Kontrollperson' des Unternehmens gemacht, ein Status, der auf der Hauptversammlung am 23. Januar 2025 die Zustimmung der nicht interessierten Aktionäre erhielt.
- CEO demonstrates confidence in company through personal investment of $30,000
- Increased insider ownership to 20.25% aligns management interests with shareholders
- Small capital raise of only $30,000 indicates funding secured
- High concentration of ownership (20.25%) in single insider may affect stock liquidity
VANCOUVER, BC / ACCESS Newswire / March 25, 2025 / NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company") announces that John Watson, President, Chairman, CEO and a director of the Company, has increased his equity position in the Company pursuant to the exercise of 100,000 common share purchase warrants (the "Warrants") at a price of
Prior to exercising the Warrants, Mr. Watson beneficially owned and controlled an aggregate of 1,940,543 common shares, 97,500 stock options and 1,125,000 common share purchase warrants, representing approximately
About NV Gold Corporation
NV Gold Corporation is a well-organized exploration company with ~10 million shares issued and Outstanding. NV Gold has 21 exploration projects in Nevada comprising 639
On behalf of the Board of Directors,
John Watson, President, Chairman, CEO and Director
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 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 press release on ACCESS Newswire
FAQ
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