NewOrigin Gold Streamlines Operations and Seeks Financing
Company Announcements

NewOrigin Gold Streamlines Operations and Seeks Financing

Neworigin Gold Corp. (TSE:NEWO) has released an update.

NewOrigin Gold Corp. has announced the conversion of Vista Gold Corp.’s back-in right option into a net smelter return royalty, providing NewOrigin with greater flexibility for exploration at their wholly-owned North Abitibi property. Furthermore, the company has terminated a non-brokered private placement due to challenging market conditions and is exploring alternative financing options, including the sale of its stake in O3 Mining Inc. for working capital.

For further insights into TSE:NEWO stock, check out TipRanks’ Stock Analysis page.

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