VANCOUVER, British Columbia, March 11, 2022 (GLOBE NEWSWIRE) — Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V: NGE; OTCQB: NVDEF) is pleased to announce that it has entered into a 12 month marketing and consulting contract (the “Contract”) with North Equities Corp., a Toronto-based marketing company specializing in social media platforms, to facilitate greater outreach and news dissemination of the society.
As part of the contract, the company will pay North Equities C$50,000 per quarter. In addition, the Company will issue North Equities 2,000,000 stock options under the Company’s stock option plan, with an exercise price of C$0.10 in front of vest over 12 months, with 25% vesting every 3 months. The contract can be terminated before the 6 month mark of the campaign. North Equities does not currently hold any shares of the Company.
James Buskard, CEO of NGE: “We devote a lot of energy to providing our stakeholders with regular and quality content on our digital platforms to inform them about our exploration process and our progress. This content is very well received and enjoys high engagement. We look forward to working with the North Equities team to continue to improve our content and expand our reach to a wider audience.
About Nevada Exploration Inc.
Led by an international team of senior explorers, NGE is disrupting Nevada’s exploration industry by applying new technology to systematically explore the second half of Nevada’s gold endowment waiting to be discovered beneath the valley basins. of Nevada. NGE is advancing a portfolio of new gold exploration projects, primarily focused on three district-wide Carlin-type gold projects, including its flagship South Grass Valley project where it is currently drilling approximately 50 kilometers to the south-southwest Nevada gold mines (Barrick Gold Corp. and Newmont Corporation joint venture) Cortez Complex.
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution regarding forward-looking information:
This press release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws, including, without limitation, expectations, beliefs, project plans and objectives. , potential transactions and companies discussed in this release.
In connection with the forward-looking information contained in this press release, the Company has made numerous assumptions, relating to, among other things, the assumption that the Company will continue its activities and will continue to be able to access the capital necessary to advance its projects and pursue its operations. Although the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.
In addition, there are known and unknown risk factors that could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained in the present. Important factors that could cause actual results to differ materially from those indicated by these forward-looking statements include the risks inherent in mineral exploration, the need to obtain additional financing, environmental permits, the availability of personnel and equipment needed for exploration and development. , mineral price fluctuations and general economic conditions.
A more complete discussion of the risks and uncertainties facing the Company is set forth in the continuous disclosure documents filed by the Company with the Canadian securities regulators at www.sedar.com. All forward-looking information contained herein is qualified in its entirety by this cautionary statement, and the Company undertakes no obligation to revise or update such forward-looking information or to publicly announce the outcome of any revision of any forward-looking information contained herein to reflect future results, events or developments, except as required by law.