Off-market insider buying at NuLegacy Gold (NUG)

Off-market insider buying at NuLegacy Gold (V:NUG)

Albert Matter, CEO and Director, acquired 4,364,000 Common Shares on a direct ownership basis at a price of $0.125 through a prospectus or prospectus exempt offering on January 15th, 2021. The insider also acquired 4,364,000 Warrants with an exercise price of $0.200 for 36 months. This represents a $545,500 investment into the company's shares and an account share holdings change of greater than 100%.

Alexander John Davidson, a Senior Officer and Director, acquired 2,500,000 Common Shares on a direct ownership basis and 2,500,000 Warrants. This represents a $312,500 investment into the company's shares and an account share holdings change of greater than 100%.

NuLegacy Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

NuLegacy Gold Corporation is an exploration company, which is engaged in acquisition and exploration of mineral properties in the United States. The Company is focused on exploration properties in Eureka County, Nevada. It is focused on exploring Iceberg (Red Hill) Project, which is located in Eureka County, Nevada, and includes approximately 1,300 unpatented lode mining claims covering approximately 100 square kilometers. The Iceberg (Red Hill) Project comprises Iceberg Property option agreement, which consists of approximately 820 unpatented lode mining claims comprising over 60 square kilometers, and Idaho Resources (Wilson) Property option agreement, which consists of approximately 480 unpatented lode mining claims compromising over 40 square kilometers. Through an agreement with Idaho Resources Corporation, the Company has possession and control to explore, develop, mine and operate on the Wilson property, which consists of approximately 480 unpatented lode mining claims.