NXXGF Stock Price, News & Analysis
nxxgf
OTC
Company Description
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.
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Frequently Asked Questions
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.