on NV Gold Corporation (CVE:NVX)
NV Gold Modifies Triple T Property Lease with Share Issuance
NV Gold Corporation has amended its lease agreement terms with the owners of the Triple T Property. The amendment involves issuing 456,600 common shares at C$0.12 each to settle an annual payment of US$40,000. This adjustment aims to align the share distribution with market value. The decision requires approval from the TSX Venture Exchange. The shares will have a statutory hold for four months post-issuance, as per securities legislation.
The original agreement, established in June 2021 and amended in June 2024, reflects ongoing commitments under the exploration and mining lease. More details on the original agreement are available in the company's July 8, 2025, release.
R. P.
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