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NV Gold raises $1.4M through private placement to fund Nevada drilling program.

Company Fundamentals
25 Sep 2026
Newsfile Corp
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Bullish
NV Gold raises $1.4M through private placement to fund Nevada drilling program.

NV Gold Corporation completed a two-tranche non-brokered private placement, issuing a total of 3.5 million units at $0.40 each, raising $1.4 million. Each unit includes one common share and half a warrant exercisable at $0.80 within two years. The funds will support an anticipated drilling program and general working capital as NV Gold prepares for its busiest exploration year in 2026-7. No finder's fees were paid, and securities are subject to a four-month hold period.

NV Gold's recent private placement is presented here with Pluang's Basic Materials sector data for context. Among 38 priced US stocks in this sector on Pluang, 24 advanced and 14 declined as of Sep 26, 2026 03:21 WIB. Johnson Controls International PLC led gains at USD 150.33 with a 3.42% increase and a typical hold time of 65 days, contrasting with LyondellBasell Industries NV which fell 3.36% to USD 58.17 and had a longer typical hold time of 85 days, while Advanced Drainage Systems Inc rose 3.34% to USD 133.14 with a shorter hold time of 43 days.

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