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Nevada Exploration Announces Effective Date of Consolidation

VANCOUVER, British Columbia, Feb. 10, 2023 (GLOBE NEWSWIRE) -- Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) announced today that, f

articleUrz3 Energy Corp.February 10, 20233/company/urz3-energy-corp/news/nevada-exploration-announces-effective-date-of-consolidation
Nevada Exploration Announces Effective Date of Consolidation

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[{"type":"text","content":" VANCOUVER, British Columbia, Feb. 10, 2023 (GLOBE NEWSWIRE) -- Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) announced today that, following approval from the TSX Venture Exchange, the previously announced consolidation of the Company’s outstanding common shares on a twenty-five (25) for one (1) basis will become effective on February 15, 2023. About Nevada Exploration Inc. Led by an international team of explorers, NGE is applying modern technology to systematically explore for the undiscovered second half of Nevada’s gold endowment waiting to be uncovered within Nevada’s valley basins. NGE is advancing a portfolio of gold exploration projects, primarily focused on three district-scale Carlin-type gold projects, including its flagship South Grass Valley project, located in close proximity to the Nevada Gold Mines of the Cortez Complex. For further information, please contact: Nevada Exploration Inc.Email: [email protected]: +1 (604) 601 2006Website: www.nevadaexploration.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statement on Forward-Looking Information: This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws, including, without limitation, expectations, beliefs, plans, and objectives regarding projects, potential transactions, and ventures discussed in this release. In connection with the forward-looking information contained in this news release, the Company has made numerous assumptions, regarding, among other things, the assumption the Company will continue as a going concern and will continue to be able to access the capital required to advance its projects and continue operations. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies. In addition, there are known and unknown risk factors which could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward...

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