other material
confidence high
sentiment negative
materiality 0.85
Nevada Canyon Gold cancels 1.78M founders shares, issues 6.01M new shares at par
Nevada Canyon Gold Corp.
- Michael Levine canceled 845,000 shares; BCIM Management (Ron Tattum) canceled 930,000 shares, reducing outstanding to 2,680,093.
- Company issued 6,005,000 shares to directors and an officer at $0.0001 par value for total proceeds of $600.50.
- New shares subject to 12-month lock-up agreement restricting transfer.
- After issuance, total shares outstanding: 8,685,093; no additional shares authorized for issuance.