Nevada Canyon Gold Corporation Addresses Recent Promotions Impact
Nevada Canyon Gold Corporation Responds to Market Activity
Nevada Canyon Gold Corp. (OTCQX: NGLD) has been prompted by OTC Markets Group to clarify recent promotional activities regarding its common shares traded on the OTCQX Market. This statement aims to address any concerns stemming from these marketing efforts.
Overview of Promotional Activities
On noticing an uptick in trading on January 10, the Company learned that promotional newsletters deigned by Sideways Frequency LLC (SFL) were circulated, promoting the Company and discussing broader topics related to Nevada's mining sector and international gold markets. These newsletters presented information sourced from publicly available material along with summaries of the Company's news releases.
Engagement with Third-Party Marketers
To raise public awareness about its operations, Nevada Canyon has engaged SFL, an independent digital marketing firm. Through this collaboration, SFL has carefully curated promotional content, ensuring accuracy concerning the Company before dissemination. Nonetheless, Nevada Canyon believes that none of the content in these promotional materials was misleading or untrue.
Impact of Promotional Efforts on Trading
The Company recognizes that the promotional activities may correlate with increased stock trading. However, they do not speculate whether these efforts specifically influenced trading volumes, noting that numerous factors can affect stock transactions, including fluctuations in gold prices and recent business updates.
Transparency of Company Activities
Upon investigation, the management found that only SFL and its affiliate agencies were involved in these marketing initiatives. Addressing regulatory compliance, the Company confirms that its directors and officers have adhered to insider trading regulations and have not conducted any personal trades in the Company's shares over the last three months.
Recent Share Issuances and Financial Integrity
Moreover, apart from disclosing past transactions in public filings, Nevada Canyon has not issued any securities at discounted prices compared to the market. Recently, common shares were allocated to directors under lock-up arrangements, emphasizing adherence to legal standards governed by the Securities Act regulations.
Company Profile: Nevada Canyon Gold Corp.
Nevada Canyon Gold Corp. claims a significant position in the natural resources sector, holding properties in some of the most prestigious historical mining districts within Nevada. The Company is dedicated to a three-pronged business model consisting of mineral royalty creation, exploration funding, and resource project acceleration.
Contact Information
For more inquiries, please reach out to:
Corporate Communications
Larry Heuchert
Telephone: 1-888-909-5548 Ext. 2
Email: ir@nevadacanyongold.com
Website: www.nevadacanyongold.com
Frequently Asked Questions
What is Nevada Canyon Gold Corp.?
Nevada Canyon Gold Corp. is a natural resource company based in the United States, focusing on strategic mineral projects in Nevada.
What prompted the recent statement from the Company?
The statement was issued following a request from OTC Markets Group concerning promotional activities related to the Company’s shares.
Who is Sideways Frequency LLC?
Sideways Frequency LLC is an independent marketing firm engaged by Nevada Canyon to enhance public awareness and facilitate digital marketing efforts.
What should investors consider before investing?
Investors should conduct thorough due diligence and understand the risks and uncertainties associated with investing in mining companies.
How can investors obtain further information about Nevada Canyon?
Interested investors can find additional insights through the Company's website or by contacting their corporate communications team directly.
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