Nevada Zinc Announces Termination of Non-Brokered Private Placement

TORONTO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Nevada Zinc Corporation (“Nevada Zinc” or the “Company”) (TSX-V: NZN) announces that it has decided, at this time, to terminate the non-brokered private placement (the “Offering”), disclosed in the Company’s news releases dated August 23, 2023 and August 30, 2023, and not to proceed to close a second tranche. The Board’s decision to terminate the Offering is the result of the Company’s current review of several financing options and the need for additional time to assess and pursue the financing structure which is optimal for the Company. Further announcements will be made in due course.

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