NSGold Corporation (TSXV:NSX) announced a non-brokered private placement of 1,875,000 units at a price of CAD 0.08 per unit for gross proceeds of up to CAD 150,000 on June 26, 2019. The transaction will include participation from returning investor, Van Hoof Industrial Holdings Ltd. Insiders of the company may also participate in the transaction. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share at an exercise price of CAD 0.10 for a period of 36 months from the closing date. The transaction is expected to close on or before July 15, 2019. The securities to be issued are subject to a hold period of four months. The transaction is subject to TSX Venture Exchange and other required regulatory approval. Van Hoof Industrial Holdings Ltd. owns 49.2% of the issued and outstanding shares.