NexGold and Signal Gold Announce Oversubscription and Upsizing of Concurrent Financing up to a Total of $17 million

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TORONTO, Oct. 23, 2024 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold”) and Signal Gold Inc. (TSX: SGNL; OTCQB: SGNLF) (“Signal”) are pleased to announce that, due to significant demand, its previously announced Concurrent Financing (as defined below) has been oversubscribed and the companies are increasing the aggregate financing size to up to C$17 million, subject to an option to further increase the Hard Dollar Financing (as defined below) by an additional 15%.

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