Business
Nation Gold Announces Amended Terms of Private Placement and Engagement of Momentum Public Relations Inc.
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2026) - Nation Gold Corp. (CSE: NATN) (the "Company" or "Nation") announces that it has amended the terms of the non-brokered private placement of the Company (the "Private Placement") initially disclosed in the Company's press release dated February 4, 2026. The Private Placement will now consist in the issuance of up to 7,500,000 units (each, a "Unit") at a purchase price of $0.20 per Unit for gross proceeds to the Company of up to...
About this update from Nation Gold Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - February 20, 2026) - Nation Gold Corp. (CSE: NATN) (the "Company" or "Nation") announces that it has amended the terms of the non-brokered private placement of the Company (the "Private Placement") initially disclosed in the Company's press release dated February 4, 2026. The Private Placement will now consist in the issuance of up to 7,500,000 units (each, a "Unit") at a purchase price of $0.20 per Unit for gross proceeds to the Company of up to $1,500,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will be exercisable by the holder thereof to purchase one common share of the Company at an exercise price of $0.25 for a period of 24 months after the date of issuance of the Warrant.","length":909,"tagName":"p"},{"type":"text","content":"The Company has the option to increase the size of the Private Placement at its sole discretion by offering up to an additional 300,000 Units for total gross proceeds to the Company of up to $1,560,000.","length":202,"tagName":"p"},{"type":"text","content":"The Company may engage arm's length finders to assist with locating purchasers for the Private Placement. As consideration for the services provided by the finders, the Company may pay cash finder's fees equal to up to 8% of the gross proceeds raised from purchasers located by the finders, and finder warrants equal to up to 8% of the number of Units issued to purchasers located by the finders.","length":404,"tagName":"p"},{"type":"text","content":"The Company intends to use the proceeds of the Private Placement for general working capital purposes. The Company anticipates closing the Private Placement on or around March 13, 2026.","length":185,"tagName":"p"},{"type":"text","content":"The Private Placement is subject to the policies of the Canadian Securities Exchange (the "Exchange"). The securities issued pursuant to the Private Placement will subject to a four-month hold period in accordance with applicable securities laws and the rules of the Exchange.","length":286,"tagName":"p"},{"type":"text","content":"Engagement of Momentum Public Relations Inc.","length":44,"tagName":"p"},{"type":"text","content":"The C...