NevGold Announces Closing of Upsized C$6.0M Brokered Private Placement Financing

Vancouver, British Columbia, May 29, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has closed its previously-announced brokered private placement financing and concurrent non-brokered financing of units (the “Units”) for gross proceeds of $6,000,000 (the “Offering”). Each Unit, priced at $0.30 per Unit (the “Issue Price”), consists of one common share in the capital of the Company (each, a “Common Share”) and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to purchase one Common Share at an exercise price of $0.45 until May 29, 2027. Clarus Securities Inc. (the “Lead Agent”), was Lead Agent and sole bookrunner, on behalf of Research Capital Corp. and Moneta Securities Corp. (the “Agents”).

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