Nevada King Gold Corp. is pleased to announce that the Bureau of Land Management has approved the Plan of Operation for its Iron Point Project which will allow for further advancement including future expanded drilling targeted at resource definition. Highlights The Plan allows for comprehensive exploration access to a 4 km2 core area within the 61.5 km2 project area. The Plan will now accomodate construction of evenly [...]
Nevada King Gold Corp. is pleased to announce that Mr. Lewis Teal, M.Sc., B.Sc., has been appointed as an independent technical advisor to its 100% owned Iron Point Project, Nevada. Additionally, the Company is pleased to announce the appointment of Mr. Geoff Sterling as Project Manager at Iron Point. Highlights Mr. Teal worked with Newmont for 27 years in several key roles, including as District Exploration Team [...]
Nevada King Gold Corp. is pleased to announce it has signed a termination and release agreement with Ethos Gold, whereby Ethos will renounce all of its precious metal rights under the Earn-in Agreement dated May 16, 2019 on the Iron Point Project's Carlin-type gold targets in exchange for 6.5 million common shares of Nevada King. Highlights: Nevada King takes back 100% control of the precious metal rights at Iron Point [...]
Founders Collin Kettell and Paul Matysek of Nevada King Gold Corp. are pleased to provide an update on the Company's 100% owned Atlanta Gold Mine, located 264km northeast of Las Vegas. Highlights The Atlanta Gold Mine historically produced 110,000 oz Au and 800,000 oz Ag. A recently published National Instrument 43-101 resource estimate by Gustavson Associates shows a pit constrained, measured and indicated mineral [...]
Victory Metals Inc. and Nevada King Mining Ltd. are pleased to announce the completion of their previously announced plan of arrangement. Pursuant to the Arrangement, Victory has acquired all the issued and outstanding shares of Nevada King at an exchange ratio of 1.7022 common shares of Victory for each Nevada King Share. Concurrent with the completion of the Arrangement, Victory changed its name to "Nevada King Gold [...]
Victory Metals Inc. and Nevada King Mining Ltd. , a private B.C. company, are pleased to announce that their respective shareholders have approved the previously announced plan of arrangement pursuant to which Victory will acquire all of the issued and outstanding shares of Nevada King in a "merger of equals" transaction. Pursuant to the Agreement, Victory will acquire all of the issued and outstanding shares of Nevada [...]
Victory Metals Inc. and Nevada King Mining Ltd. are pleased to announce the receipt of an interim order from the Supreme Court of British Columbia in connection with their previously announced plan of arrangement pursuant to which Victory will acquire all of the issued and outstanding shares of Nevada King in exchange for common shares of Victory, with the shareholders of Nevada King to hold 50% of the issued and [...]
Victory Metals Inc. is pleased to announce that on January 15, 2021, further to its news releases in December 2020, it closed, subject to final approval of the TSXV, the second and final tranche of its non-brokered private placement financing of subscription receipts of Victory. In connection with the second and final tranche of the Private Placement, Victory issued 5,237,200 Subscription Receipts at a price of $0.55 per [...]
Victory Metals Inc. is pleased to announce that, further to its news release dated December 4, 2020 and December 22, 2020, it has closed, subject to final approval of the TSXV, the first tranche of its non-brokered private placement financing of subscription receipts of Victory . Pursuant to the Private Placement, Victory issued 27,569,702 Subscription Receipts at a price of $0.55 per Subscription Receipt for aggregate [...]
Victory Metals Inc. is pleased to announce that, further to its news release dated December 4, 2020, and due to significant demand, Victory has increased the size of its non-brokered private placement financing of subscription receipts of Victory from $8 million to approximately $17.5 million. The Private Placement is expected to close in two tranches, with the first tranche anticipated to close on December 23, 2020 and [...]
Victory Metals Inc. and Nevada King Mining Ltd. are pleased to announce that they have entered into a definitive arrangement agreement dated December 14, 2020, with respect to their previously announced "merger of equals" transaction. Pursuant to the Agreement, Victory will acquire all of the issued and outstanding shares of Nevada King by way of statutory plan of arrangement whereby all of the outstanding Nevada King [...]
Victory Metals Inc. is pleased to announce that it will be conducting a non-brokered private placement financing of at least 14,545,455 subscription receipts of Victory. The Subscription Receipts will be issued at a price of $0.55 per Subscription Receipt for aggregate gross proceeds of at least $8 million. On November 20, 2020, Victory and Nevada King Mining Ltd. announced a merger of equals transaction under which [...]
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