Nexgold Mining Corp (NXGCF)

[StockInfo11]

NexGold and Signal Gold are joining forces to create one of Canada’s most advanced near-term gold developers! A combined 4.7 million gold ounces in resources with plans to produce 200,000+ ounces annually.

Read more: https://t.co/rBg3SgkJSM

TSXV: $NEXG.v | OTCQX: $NXGCF#Gold pic.twitter.com/aezUxhnNhr

— NEXGOLD (@NexGoldMining) October 11, 2024

This $NEXG.v and $SGNL merger combines two highly advanced projects—NexGold's Goliath Project in Ontario and Signal's Goldboro Project in Nova Scotia—both of which already have key environmental permits in place.

This strategic move not only de-risks the combined entity by eliminating single-asset exposure but also paves the way for a quicker transition to production, with plans to break ground within 16 months.
Full news here: https://nexgold.com/nexgold-and-signal-gold-announce-merger-to-create-one-of-canadas-most-advanced-near-term-gold-developers-with-a-combined-4-7-million-gold-ounces-of-measured-and-indicated-resources-and-a/

*Posted on behalf of NexGold Mining Corp.