trending Market Intelligence /marketintelligence/en/news-insights/trending/11yu3yvn30xbp9t0flspfg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

NuLegacy raising C$9M to fund drilling at Avocado, Iceberg gold deposits

Medical IoT Technology in US Hospitals Helps to Reduce Costs and Improve Care

Internet Traffic Spikes By One Third In March

How 37 Years of Default Data Can Prepare Us for the COVID-19 Fallout

US Pushes Pedal To The Metal On Broadband Speeds Ahead Of COVID-19 Outbreak


NuLegacy raising C$9M to fund drilling at Avocado, Iceberg gold deposits

NuLegacy Gold Corp. is looking to raise gross proceeds of C$9.0 million via a nonbrokered private placement to fund its 2017 drill program at the Red Hill gold property in Nevada.

The company will issue 20 million units at 45 cents apiece. Each unit consists of 1 common share and 1 share purchase warrant, exercisable at 65 cents per share for 18 months.

NuLegacy Chairman Albert Matter said the funding will allow the company to use extra drill rigs, according to the company's Oct. 4 news release.

"The deeper exploration drilling of the Avocado deposit, and the need for more core holes to better delineate the Iceberg deposit in preparation for a resource valuation, increases the budgetary needs," Matter said.

The financing is expected to close Oct. 11, subject to conditional acceptance of the TSX Venture Exchange.