Provided By GlobeNewswire
Last update: Nov 8, 2024
RENO, Nev., Nov. 08, 2024 (GLOBE NEWSWIRE) -- NuLegacy Gold Corporation (the “Company”) reports that the failure to discover economic quantities of ‘ore’ grade gold on its Red Hill property in Nevada has challenged the Company’s ability to continue to finance operations, and as a consequence, the Company is considering suspending operations with a possible reorganization including an assignment and debt settlement of existing payables.
Read more at globenewswire.com