On February 12th, Nevada King Gold (“Nevada King” or the “Company”) (TSX.V:NKG) announced a Private Placement, royalty creation on the Atlanta Gold Mine Project, and non-core asset spin-out. 

Collin Kettell, Founder and CEO of Nevada King joins me discuss all the details within the release.  

We start with the financing, that has recently been upsized to C$9.94 million. I ask Collin about the insider and key shareholder participation in the financing. This money will be used to fund ongoing exploration at the Company’s Atlanta Gold Mine Project. 

We then focus on the spin-out company that will hold a “3.0% royalty on all production from certain portions of Atlanta including the Atlanta resource area and non-core claims surrounding the Atlanta Gold Mine Project”.  

If you have any follow up questions for Collin please email me at Fleck@kereport.com.

Click here to visit the Nevada King Gold website to read over the full news release announcing the financing and spin-out.