|Bid||0.0700 x 0|
|Ask||0.0750 x 0|
|Day's Range||0.0700 - 0.0700|
|52 Week Range||0.0600 - 0.2900|
|Beta (3Y Monthly)||3.47|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
VANCOUVER , March 28, 2019 /CNW/ - NxGold Ltd. ("NxGold" or the "Company"), (TSXV: NXN) is pleased to provide an update on its permitting activities leading to the execution of the proposed 2019 exploration programme. The Programme of Work (PoW) application for field work on the Mt Roe Gold Project covering both the Sholl and Prinsep tenement areas has been approved and, as previously reported, excess tonnage permits have also been approved. Currently a major tropical cyclone in the Karratha area has delayed work program start for two to three weeks.
The Company will now be able to commence exploration on these newly granted prospecting licences. The geology of this area will be reviewed and a program similar to that which has occurred on the Roe and Prinsep tenements will be implemented in the New Year. These tenements cover a known nugget patch called "80oz" and an area proximal to a nugget patch called "Pineapple" that appears to trend up onto the newly granted tenements. The total area of the newly granted Prospecting Licences is approximately 325 ha.
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2018) - Today's buy recommendation comes from Fundamental Research Corp. Analyst Sid Rajeev gives NxGold Ltd. (TSXV: NXN) a buy rating and a fair value estimate of $0.31 per share, a premium of 138% to the $0.13 closing price on September 26th, the day the report was issued.InvestmentPitch Media has produced a "video" which discusses this company. If this link is not enabled, please visit www.InvestmentPitch.com and ...
VANCOUVER , June 29, 2018 /CNW/ - NxGold Ltd. ("NxGold" or the "Company"), (NXN.V) announces that, as a result of a review by the Investment Industry Regulatory Organization of Canada ("IIROC"), the Company wishes to clarify its latest news release dated June 28, 2018 . The Company has made numerous references to gold nuggets and or visible gold in the news release without providing a grade of the mineralized zone(s) or the method of sampling. IIROC considers this to be vague, overly promotional and misleading disclosure. A clarification on how a "potential source" can be "confirmed" was also requested. NxGold clarifies that it has identified the presence of the inferred or potential 'conglomerate gold' host sedimentary sequence proximal to an accumulation of 'melon seed' shaped gold nuggets.
VANCOUVER , June 15, 2018 /CNW/ - NxGold Ltd. (the "Company") (NXN.V) is pleased to announce it has closed its previously announced non-brokered private placement to raise gross proceeds of approximately C$4,270,525 (the "Offering"). The Offering was upsized from C$1,000,000 on June 1, 2018 due to strong demand. Red Cloud Klondike Strike Inc. and a number of others acted as finders in connection with the Offering.
VANCOUVER , June 1, 2018 /CNW/ - NxGold Ltd. (the "Company") (NXN.V) is pleased to announce that due to demand from investors, it has increased the size of the previously announced non-brokered private placement of units (the "Units") of the Company from C$1,000,000 to C$3,000,000 (the "Increased Offering"). The Company may increase the size of the Increased Offering to C$4,000,000 . Each Unit is being offered at a price of C$0.18 and will be comprised of one common share of the Company and one common share purchase warrant (a "Warrant"), each Warrant entitling the holder thereof to acquire one common share of the Company at a price of C$0.27 for a period of 36 months from the date of closing of the Increased Offering.
VANCOUVER , May 30, 2018 /CNW/ - NxGold Ltd. (the "Company") (NXN.V) is pleased to announce a non-brokered private placement of units (the "Units") of the Company for gross proceeds of up to C$1,000,000 (the "Offering"). Red Cloud Klondike Strike Inc. is acting as a finder in connection with the Offering. Each Unit is being offered at a price of C$0.18 and will be comprised of one common share of the Company and one common share purchase warrant (a "Warrant"), each Warrant entitling the holder thereof to acquire one common share of the Company at a price of C$0.27 for a period of 36 months from the date of closing of the Offering.
VANCOUVER , May 22, 2018 /CNW/ - NxGold Ltd. (the "Company") (NXN.V) is pleased to announce it has completed the initial mapping program at its 80%-owned Mt. Roe Gold Project located in the Pilbara Gold Region near Karratha, Western Australia. Due to the encouraging results from the Mt. Roe Project, the Company has given notice to withdraw from the Chicobi Project in order to focus on its Mt. Roe and Kuulu Gold Projects. The initial mapping program at Mt. Roe has significantly increased the prospective contact from 4km to 7km, greatly increasing the potential scale of the gold target horizons present in the project. Intense prospector activity, marked by numerous detector holes, were mapped adjacent to the prospective conglomerate contact (Figure 1).
Close spatial relationship of numerous prospector holes and prospective unit confirmed. VANCOUVER , April 24, 2018 /CNW/ - NxGold Ltd. (the "Company") (NXN.V) is pleased to announce the discovery of additional gold during its maiden mapping program on its Mt. Roe Gold Project located in the Pilbara Region, Western Australia. The project lies adjacent to tenement holdings of Novo Resources (TSX:NOV) and Artemis Resources (ARV.AX) (Figure 1). There is a close spatial relationship to numerous prospector gold detector holes occurring within tens of meters downslope along the prospective conglomerate contact zone (the "Unconformity") (Figure 2). Further surveying and trenching is planned to more fully determine the orientation and extent of this unconformity structure, interpreted to be the source of the melon seed gold nuggets found on the project area to date by previous owners and by the Company's executive team (Figure 3).