NevGold Corp. announced a private placement of 1,481,481 common shares at a price of CAD 0.675 per share for aggregate gross proceeds of CAD 999,999.675 on June 14, 2022 . The transaction will include participation from new investor, GoldMining Inc. The company commits to a further lead order in an amount up to CAD 1,250,000 in a future financing by it, completed by November 30, 2022.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction will include participation GoldMining Inc. for 1,481,481 shares.