Nexgold announces closing of us$24 million royalty

Toronto, sept. 29, 2025 (globe newswire) -- nexgold mining corp. (tsxv: nexg; otcqx: nxgcf) (“nexgold” or the “company”) is pleased to announce that it has closed its previously announced financing for a 2.9% net smelter returns royalty (the “royalty”) with appian capital advisory limited (“appian”) in relation to the company's 100% owned goldboro gold project (the “project”). under the terms of the financing transaction, the company, through its wholly-owned subsidiary goldboro gold mine inc. (“ggm”), received cash consideration of us$24 million. this transaction secures for the company a less dilutive source of financing, and helps advance the project through project development activities towards project financing and a construction decision while maintaining the robust economics of the project.
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