NV Gold Corporation (OTCMKTS:NVGLF) (CVE:NVX) stock is trading higher in today’s trading session after the news.
Market Reaction:
As of 9:32, GASXF stock moved down 4% to $0.8595 with more than 1K shares, compared to its average volume of 16K shares. Over the past 52-week, the stock has moved within a range of $0.7670 – 1.4570.
Major Trigger:
NV Gold Receives $556,900 from Warrant Exercises
Key Highlights:
- announced that it has received proceeds of $556,900 from the recent and ongoing exercises of warrants issued in its previous private placements. The warrants were originally issued on March 27, 2019 and August 21, 2020 and NV Gold will issue 2,759,500 shares in connection with these warrant exercises.
On behalf of NV Gold, I would like to thank our loyal shareholders for their support and early exercise of warrants. On the back of a recently completed financing, our treasury is now approaching $5,000,000, which further supports our dynamic and aggressive multi-project drill programs over the next 12 months,” commented Peter A. Ball, President and CEO of NV Gold.
“Once we complete the accretive expansion and development of our Nevada project portfolio, I look forward to discussing in more detail our systematic 2021 exploration program, which is focused on delivering a gold discovery for our shareholders.”
