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Gold & silver

NuLegacy Gold closes second tranche of private placement

NuLegacy Gold Corp (TSX-V:NUG) told investors it has closed the lead order of 10 million units at C$0.025 each by Crescat Portfolio Management LLC, on behalf of certain managed funds.

The closing, together with that of certain directors and officers of NuLegacy, among others, on November 3, 2023, brings the total units closed to 40,664,000 units for C$1,016,000.

The company said a final closing of the non-brokered private placement of 100,000,000 units at C$0.025 each for remaining institutional and individual investors is scheduled for November 27.

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