Workflow
NevGold Announces Entry Into Standstill With GoldMining
Globenewswireยท2025-08-28 12:00

Group 1 - NevGold Corp has entered into a standstill agreement with GoldMining Inc, preventing GoldMining from selling its shares in NevGold for 18 months [1][2] - GoldMining holds approximately 19,073,350 common shares of NevGold, representing about 16.7% of the total outstanding shares [1][2] - The agreement is expected to support NevGold's active development plans for its projects, including Limousine Butte, Nutmeg Mountain, and Zeus [2] Group 2 - NevGold is focused on exploration and development of large-scale mineral systems in Nevada and Idaho [4] - The company owns a 100% interest in several projects, including Limousine Butte and Cedar Wash gold projects in Nevada, and Nutmeg Mountain gold project and Zeus copper project in Idaho [4]