NevGold announces closing of upsized brokered private placement financing for gross proceeds of $42 million
Counsel to Clarus Securities Inc., as sole agent and bookrunner, in connection with NevGold Corp.’s $42 million brokered private placement of common shares.
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Team Members
On May 12, 2026, NevGold Corp. (“NevGold”) completed a “best efforts” upsized brokered private placement financing of common shares led by Clarus Securities Inc. (“Clarus” or the “Agent”) as sole agent and bookrunner, for total gross proceeds of $42,225,497. Pursuant to the offering, NevGold issued 22,223,946 common shares at a price of $1.90 per common share.
NevGold is a gold and critical metals exploration company focused on advancing projects in Nevada and Idaho.
Clarus is an investment banking firm which provides advisory and underwriting, institutional sales and trading, and equity research services to corporate clients and institutional investors.
Miller Thomson advised the Agent with a team led by Andrew Powers and Alex Bruvels, including Connor Broude and Raquel Moses (Capital Markets/Securities), along with the assistance of Kobi Rosoph and Tamara Gutić (Articling Students).