NuLegacy Gold Insider Boosts Private Placement Stake

NuLegacy Gold (TSE:NUG) has released an update.

NuLegacy Gold has announced insider participation in a private placement aimed at raising C$1.0 million by selling 100 million units. CEO Albert Matter has increased his investment by purchasing an additional 5 million units, taking his total up to 15 million units. The offering, which is subject to TSX Venture Exchange approval, will aid NuLegacy in their pursuit of discovering a high-grade Carlin-style gold deposit in Nevada.

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