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NuLegacy Gold Corp V.NUG

Alternate Symbol(s):  NULGF

NuLegacy Gold Corporation is a Canada-based exploration company focused on exploring for high-grade Carlin-style gold deposits on its premier 108 sq. km (42 sq. mile) district scale Red Hill property. The Red Hill is on trend/adjacent to three of Nevada Gold Mines' Carlin-type gold mines; the Pipeline, Cortez, and GoldrushII. Its Red Hill Property is located in the Cortez Gold Trend of north-central Nevada, United States (US). The Red Hill Property encompasses a total of 1,363 unpatented lode mining claims covering approximately 108 square kilometers (km2), of which 881 mining claims totaling approximately 68 km2 are owned, subject to certain underlying royalties, 100% by NuLegacy Gold Corporation and 482 claims comprising approximately 40 km2 are 100% controlled by NuLegacy pursuant to the Idaho Lease. Its Rift Anticline drill target (approximately 10 km2 within the 108 sq. km Red Hill property) has favorable Carlin-type gold system geology located within Nevada's Cortez gold complex.


TSXV:NUG - Post by User

Bullboard Posts
Post by BillSmith9on Jul 17, 2018 8:28am
97 Views
Post# 28325586

Anyone here get an email invite to the Private Placement?

Anyone here get an email invite to the Private Placement?It may have only gone out to Canadian shareholders.  I notice their news releases are labeled "not for distribution into the U.S.", so maybe the PP was not registered with the U.S. SEC.

Over at CEO.CA there is a reference to an email blast sent to shareholders suggesting Canadians were solicited to participate.  How many of you were invited into the Private Placement?:

"News release was solid gold. They previously announced "In addition, certain directors and officers of NuLegacy (collectively “Insiders”) intend to participate in the Financing for a substantial number of Units." Great, confidence, onwards and upwards! They send out an email blast to shareholders to buy in, placement units are in demand. Get em while their hot! They then announce the intention to sell existing shareholdings, to buy in to the placement, thus earning the warrant. Maybe existing shareholders should all do the same, wouldn't that work out great for the stock price. I get that not all insiders are wealthy yada yada yada. But this seems tone deaf." 
Bullboard Posts