NevGold Announces Closing of Upsized C$6.0M Brokered Private Placement Financing
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 29 2025
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Should l Buy ?
Source: Newsfilter
Financing Announcement: NevGold Corp. has successfully closed a brokered and non-brokered private placement financing, raising $6 million through the issuance of 20 million units priced at $0.30 each, which includes common shares and purchase warrants.
Project Development Plans: The funds will be utilized to advance NevGold's gold and copper projects in Nevada and Idaho, including the Limousine Butte Project and Nutmeg Mountain Project, as well as for working capital and corporate purposes.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
