---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-022603"
form_type: "8-K"
ticker: "NGLD"
cik: "0001605481"
company_name: "Nevada Canyon Gold Corp."
filed_at: "2021-09-14T23:59:59+00:00"
generated_at: "2026-06-29T03:51:38.088010+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nevada Canyon Gold up to $1M convertible note offering at 15% interest, conversion at $0.375 or discount

## Summary
- Up to $1,000,000 in convertible notes sold to accredited investors; maturity 12 months.
- Interest rate 15% per annum, payable quarterly or accrued at holder option.
- Conversion price: lesser of $0.375 per share or 25% discount to qualified public offering.
- Down round clause: if future sales below $0.375, conversion price adjusts once.
- Proceeds at company's sole discretion; registration rights required within 180 days of $1M funded.

## SEC filing metadata
- accession: 0001493152-21-022603
- form_type: 8-K
- ticker: NGLD
- cik: 0001605481
- company_name: Nevada Canyon Gold Corp.
- filed_at: 2021-09-14T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1605481/000149315221022603/0001493152-21-022603-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1605481/000149315221022603/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-022603
- JSON: https://secwatch.observer/filing/0001493152-21-022603.json
- Plain text: https://secwatch.observer/filing/0001493152-21-022603.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.