Provided By GlobeNewswire
Last update: Aug 1, 2023
Vancouver, British Columbia, Aug. 01, 2023 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has closed an Option Agreement (the “Option Agreement”) that was previously announced on May 31, 2023. This Option Agreement is part of a larger transaction that contemplated, firstly, the establishment of a new British Columbia subsidiary, 1416753 B.C. Ltd. (“SubCo”) to focus on its high-grade Ptarmigan silver-copper-lead-zinc project in southeastern BC and, secondly, enter into the Option Agreement.