Dear Shareholders, it has been a fast paced start for NevGold Corp. , with a lot of positive progress since our first day of public trading on the TSXV on June 29, 2021. I write this update to shareholders very excited about what the future has in store as we enter into our first active field season with exploration and drilling at our Limousine Butte and Cedar Wash projects in Nevada. We are a new player in the gold [...]
NevGold Corp. is pleased to announce that Mr. Derick Unger, CPG, has joined NevGold as Chief Geologist and is currently advancing the drill targeting and permitting activities at its Limousine Butte Project in Nevada. The company recently completed a C$6.3M financing and is fully funded for exploration and drilling at its Limousine Butte and Cedar Wash projects in Nevada, and Ptarmigan project in British Columbia. Chief [...]
NevGold Corp. is pleased to announce that it has commenced trading on the TSX Venture Exchange under the symbol "NAU", following the successful completion of its transaction with Silver Mountain Mines Inc. and concurrent financing for proceeds of approximately C$6.3 million. Brandon Bonifacio, President, CEO, and Director of NevGold, commented: "We are thrilled to begin trading on the TSX-V with the transaction and [...]
Silver Mountain Mines Inc. announces that it has completed the acquisition of the privately held NevGold Corp. In accordance with the terms of the Transaction, NevGold has amalgamated with a wholly-owned subsidiary of the Company, 1288412 BC Ltd., pursuant to the terms of a definitive amalgamation agreement dated February 17, 2021, as amended, among NevGold, the Company and 1288412 BC Ltd., and the Company has changed its [...]
Silver Mountain Mines Inc. announces that further to its news release dated May 17, 2021 whereby the Company announced receipt of conditional approval for the proposed business combination with Nevgold Corp. The Company announces the terms of the concurrent financing to raise minimum gross proceeds of $4,000,000 and maximum gross proceeds of up to $8,000,000, by way of a brokered private placement of subscription receipts [...]
Silver Mountain Mines announces that further to its news releases dated January 19, 2021 and February 23, 2021, the Company has received conditional approval from the TSXV with respect to a proposed business combination with Nevgold Corp., which will constitute a reverse takeover of the Company by Nevgold under the policies of the Exchange. Transaction Summary The Company proposes to acquire all of the issued and [...]
Silver Mountain Mines Inc. announces that further to its news release dated January 19, 2021 in connection with signing a Letter of Intent, it has executed a binding Definitive Agreement dated February 17, 2021 with Nevgold Corp. with respect to a proposed transaction whereby Silver Mountain will acquire all of the issued and outstanding common shares in the capital of Nevgold. Nevgold is a private British Columbia [...]
Silver Mountain Mines Ltd. announces that it has entered a non-binding Letter of Intent dated January 13, 2021 with Nevgold Corp. with respect to a proposed transaction whereby Silver Mountain will acquire all of the issued and outstanding common shares in the capital of Nevgold . Nevgold is a private British Columbia company which holds the right to acquire the Limousine Butte and Cedar Wash Projects in Nevada from [...]
Silver Mountain Mines Inc. announces the closing of the non-brokered offering of Common Units and Flow-Through Units, as announced on August 4th, 2020. The Company raised $198,000.00 in total. Each Flow-Through Unit, priced at $0.25/unit, consisted of one common share of the Company issued on a flow-through basis and one common share purchase warrant. Each common share purchase warrant entitles the holder to acquire [...]
Silver Mountain Mines Inc. is pleased to announce a non-brokered private placement of up to 2,000,000 flow-through units at a price of $0.25 per unit and up to 500,000 Common Share Units at $0.25 per unit for total cash proceeds of up to $500,000 . Each Flow-Through Unit consists of one common share of the Corporation to be issued on a flow-through basis and one common share purchase warrant. Each common share purchase [...]
Silver Mountain Mines Inc. announces that due to circumstances created by the COVID-19 pandemic, continues its reliance on the exemption provided in Alberta Instrument 51-517 - Temporary Exemption from Certain Corporate Finance Requirements of the Alberta Securities Commission , by the securities commission in Ontario, to postpone the filing of the following continuous disclosure documents : The Company will be relying on [...]
Silver Mountain Mines Inc. announces today that it intends to complete a consolidation of its issued and outstanding common shares on the basis of 1 new Common Share for every 15 Common Shares presently issued and outstanding as previously voted and approved by way of a special resolution approving the consolidation , the full text of which is set forth in the Management Information Circular accompanying this Notice [...]
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