NEVGOLD ANNOUNCES CLOSING OF UPSIZED $42M BROKERED PRIVATE PLACEMENT FINANCING

"NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. " Vancouver, British Columbia, May 12, 2026 (GLOBE NEWSWIRE) -- NevGold Corp. ("NevGold" or the "Company") (TSXV: NAU) (OTCQX: NAUFF) (Frankfurt:5E50) is pleased to announce that it has closed its previously announced upsized private placement financing of 22,223,946 Common Shares ("Common Shares") for gross proceeds of $42,225,497 (the "Offering").