---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-032738"
form_type: "8-K"
ticker: "NGLD"
cik: "0001605481"
company_name: "Nevada Canyon Gold Corp."
filed_at: "2021-12-30T23:59:59+00:00"
generated_at: "2026-06-27T21:40:53.593612+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nevada Canyon Gold cancels 1.78M founders shares, issues 6.01M new shares at par

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-21-032738
- form_type: 8-K
- ticker: NGLD
- cik: 0001605481
- company_name: Nevada Canyon Gold Corp.
- filed_at: 2021-12-30T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1605481/000149315221032738/0001493152-21-032738-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1605481/000149315221032738/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-032738
- JSON: https://secwatch.observer/filing/0001493152-21-032738.json
- Plain text: https://secwatch.observer/filing/0001493152-21-032738.txt

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