STOCK TITAN

Nexus Gold Corp. - NXXGF STOCK NEWS

Welcome to our dedicated page for Nexus Gold news (Ticker: nxxgf), a resource for investors and traders seeking the latest updates and insights on Nexus Gold stock.

NEXUS GOLD CORP. (TSXV: NXS) (OTCQB: NXXGF) (FSE: N6E) and BELGRAVIA HARTFORD CAPITAL INC. have entered into a debt settlement agreement (the Revised Agreement). Nexus Gold will issue 3,600,000 common shares at a deemed price of $0.05 per common share to Belgravia Hartford. The common shares will be subject to resale restrictions. The Revised Agreement replaces a previous debt settlement announced on August 28, 2023. Nexus Gold is a Canadian-based gold development company with exploration projects in West Africa, while Belgravia Hartford is a publicly traded investment holding company listed on the Canadian Securities Exchange.

Rhea-AI Summary
Nexus Gold Corp. (NXS) and Belgravia Hartford Capital Inc. (BLGV) have entered into a debt settlement agreement, with Nexus Gold issuing 3,600,000 common shares at a deemed price of $0.05 per share to satisfy outstanding indebtedness of $180,000 owed to Belgravia Hartford. The common shares will be subject to resale restrictions for four months and one day. The debt settlement is pending approval from the TSX Venture Exchange.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none

FAQ

What is the debt settlement agreement between Nexus Gold and Belgravia Hartford?

The debt settlement agreement involves Nexus Gold issuing 3,600,000 common shares at a price of $0.05 per share to Belgravia Hartford to settle outstanding indebtedness.

What are the details of the Revised Agreement?

Under the Revised Agreement, Nexus Gold will issue common shares in satisfaction of outstanding indebtedness totaling $180,000.

What does Nexus Gold specialize in?

Nexus Gold is a Canadian-based gold development company with exploration projects in West Africa.

Who is Belgravia Hartford Capital Inc.?

Belgravia Hartford is a publicly traded investment holding company listed on the Canadian Securities Exchange.

What is the focus of Belgravia Hartford?

Belgravia Hartford focuses on growing its assets and holdings and increasing its net asset value.

Nexus Gold Corp.

OTC:NXXGF

NXXGF Rankings

NXXGF Stock Data

Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
Canada
Vancouver