VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 17, 2016) - NV Gold Corporation (TSX VENTURE:NVX) (the "Company") announced today that it has completed the debt resolution transaction with its President and CEO originally announced on June 14, 2016. The Company has issued 1,580,592 common shares of the Company at a deemed price of C$0.065 per share in settlement of C$102,738.53 in debts of the Company and the balance of the C$308,188.80 owing to Mr. Watson has been forgiven. The shares issued under the debt resolution transaction are subject to a hold period expiring on October 17, 2016.
On behalf of the Board of Directors,
John E. Watson, President and CEO
For further information, visit the Company's website at www.nvgoldcorp.com.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
NV Gold Corporation
John E. Watson
President and CEO
303.674.9400
[email protected]
www.nvgoldcorp.com
We use cookies to tailor your experience, measure site performance and present relevant offers and advertisements. By clicking ‘Accept’ or any content on this site, you agree that cookies can be placed on your browser. You can view our privacy policy to learn more.
If you would like to get more data, alerts and access to Real Vision videos, join us as an Insider Tracking Advantage Ultra member