Off-market insider buying at NevGold (NAU)

Off-market insider buying at NevGold (V:NAU)

Brazil Resources Inc., a 10% Holder, acquired 10,000,000 Common Shares on a direct ownership basis at a price of $0.300 through a private transaction on January 18th, 2024. This represents a $3,000,000 investment into the company's shares and an account share holdings change of 60.0%.

NevGold is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

NevGold Corp. is a Canada-based exploration and development company. The Company is targeting large-scale mineral systems in the proven districts of Nevada, Idaho, and British Columbia. Its projects include Limo Butte Property, Nutmeg Mountain Property, Cedar Wash Property, and Ptarmigan Property. The Company's Limousine Butte Property is located in east-central Nevada approximately 105 kilometers north of Ely, Nevada, and encompasses approximately 6,650 hectares. The Cedar Wash is an exploration-stage gold property located approximately 300 km South-Southeast of Limousine Butte in Lincoln County, Nevada. The Company's Ptarmigan property is located in the Purcell Mountains, approximately 35 kilometers west of the village of Radium Hot Springs in southeastern British Columbia and comprises 9,287 hectares. The Nutmeg Mountain property is located in Western Idaho, comprises 1,724 hectares of Federal unpatented mining claims, 12 patented claims and two leases of private land. NevGold Corp. (NAU) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to recent regulatory filings, one insider has invested a total amount of $3,000,000.