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VANCOUVER, BC, Oct. 30, 2024 /CNW/ - Nevada King Gold Corp. (TSXV: NKG) ("Nevada King" or the "Company") is pleased to announce that following strong insider and institutional investor demand, the Company will now also proceed with a concurrent non-brokered private placement offering (the "Non-Brokered Private Placement") of 16,522,852 common shares of the Company (the "Common Shares") at a price of $0.34 per Common Share. Combined with the previously announced brokered private placement offering (the "Brokered Offering" and together with the Non-Brokered Private Placement, the "Offerings"), also being completed at $0.34, the Company intends to raise a total of up to $11,734,030. Insiders of the Company are participating in the Offerings for gross proceeds of over $5,600,000.
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