NevGold Announces Closing of Upsized C$1.5M Non-Brokered Private Placement Financing And Further Upsizes Offering To C$2.0M

Vancouver, British Columbia, Jan. 05, 2024 (GLOBE NEWSWIRE) — NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce a first tranche closing of the upsized non-brokered private placement financing (see News Release dated December 20, 2023) of 4,687,500 common shares of the Company (the “Common Shares”) at a price of C$0.32 per Common Share for gross proceeds of C$1.5M (the “Offering”). The Company also announces that as a result of strong demand, it is further upsizing the Offering to a maximum of 6,250,000 Common Shares to raise gross proceeds of up to C$2.0M.

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