---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-032575"
form_type: "8-K"
ticker: "NGLD"
cik: "0001605481"
company_name: "Nevada Canyon Gold Corp."
filed_at: "2024-08-15T23:59:59+00:00"
generated_at: "2026-05-31T09:01:12.424900+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Nevada Canyon Gold exercises option to acquire 1% Olinghouse royalty for $1.74M cash

## Summary
- Amended option from original $2M cash/shares terms to $1.5M cash payment; total consideration $1.74M including prior payments.
- Royalty covers 1% net smelter returns on Olinghouse Project in Washoe County, NV, 30 miles east of Reno.
- Project hosts historic geologic resource from 1997 Alta Gold feasibility study; Nevada Canyon cautions it is not current-compliant.
- CEO Alan Day: 'Amendment strengthens royalty portfolio at much lower cost basis and offers excellent leverage to gold prices.'

## SEC filing metadata
- accession: 0001493152-24-032575
- form_type: 8-K
- ticker: NGLD
- cik: 0001605481
- company_name: Nevada Canyon Gold Corp.
- filed_at: 2024-08-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1605481/000149315224032575/0001493152-24-032575-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1605481/000149315224032575/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-032575
- JSON: https://secwatch.observer/filing/0001493152-24-032575.json
- Plain text: https://secwatch.observer/filing/0001493152-24-032575.txt

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