Tillkännagivande • 8h
NSJ Gold Corp. announced that it expects to receive CAD 2.01 million in funding NSJ Gold Corp. announced a private placement financing of up to 3,400,000 common shares at an issue price of CAD 0.15 per share for gross proceeds of CAD 510,000 and 6,000,000 flow through shares at an issue price of CAD 0.25 per share for gross proceeds of CAD 1,500,000; aggregate gross proceeds of CAD 2,010,000 on May 19, 2026. New Risk • Apr 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$45k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$45k free cash flow). Share price has been highly volatile over the past 3 months (45% average weekly change). Negative equity (-CA$410k). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.80m market cap, or US$2.79m). New Risk • Mar 25
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$41k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$41k free cash flow). Share price has been highly volatile over the past 3 months (50% average weekly change). Negative equity (-CA$347k). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.73m market cap, or US$1.98m). Tillkännagivande • Mar 24
NSJ Gold Corp., Annual General Meeting, May 06, 2026 NSJ Gold Corp., Annual General Meeting, May 06, 2026. Location: via zoom meeting, Canada Board Change • Dec 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Kim Eckhof was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Mar 25
NSJ Gold Corp., Annual General Meeting, May 21, 2025 NSJ Gold Corp., Annual General Meeting, May 21, 2025. Tillkännagivande • Mar 23
NSJ Gold Corp., Annual General Meeting, May 22, 2024 NSJ Gold Corp., Annual General Meeting, May 22, 2024. New Risk • Mar 20
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$257k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$257k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$938.4k market cap, or US$691.8k). Board Change • May 13
High number of new directors Independent Director Kim Eckhof was the last director to join the board, commencing their role in 2022. Board Change • Feb 28
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Founder, President, CEO & Director Jag Sandhu is the most experienced director on the board, commencing their role in 2020. Independent Director Chris Zerga was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Jan 20
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Founder, President, CEO & Director Jag Sandhu is the most experienced director on the board, commencing their role in 2020. Independent Director Chris Zerga was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Nov 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Chris Zerga was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Nov 08
NSJ Gold Corp. Appoints Kim Eckhof as Member of the Board of Directors NSJ Gold Corp. announced that it has appointed Kim Eckhof as a member of the board of directors. Kim Eckhof has served in London, England, as Executive Director of Medea Natural Resources since 2017, focusing on mining equity capital markets. She has board experience, having previously acted as a Non-Executive Director for Latitude Consolidated limited. Prior to this, Kim was at RFC Ambrian in London England for 5 years focussed on capital raising, investor relations and advising junior mining companies. Before RFC Ambrian, she was an Associate in the Equity Capital Markets team of Azure Capital, based in Perth Australia. During her time at Azure Capital she was also part of the investment team that set up and managed the AUD 25 million Azure Resources Fund. Kim is an Australian and German National and has a Bachelors Degree in Science and Commerce from the University of Western Australia. Board Change • Sep 28
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Chris Zerga was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 02
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Chris Zerga was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Chris Zerga was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Chris Zerga was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 13
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Chris Zerga was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Chris Zerga was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 07
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Chris Zerga was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 02
NSJ Gold Corp., Annual General Meeting, May 30, 2022 NSJ Gold Corp., Annual General Meeting, May 30, 2022. Board Change • Jan 22
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Chris Zerga was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jul 20
NSJ Gold Corp. Announces Expansion of Gold-Copper-Iron Mineralization At Golden Hills, Arizona, USA NSJ Gold Corp. announced the complete assay results from the recent drill program and future plans for its Golden Hills Project located in Arizona, USA. The program targeted north-northwest trending geophysical anomalies and consisted of 16 drill holes. In total, the drill program intersected 335 feet (102 meters) averaging above 0.4 grams per ton Au, 695 feet (212 meters) averaging above 0.1% Cu, and 680 feet (207 meters) averaging above 20% Fe. The geophysics defined broad zones of specular hematite that are related to major pre-
mineral alteration zones, but did not identify gold/copper bearing structures or bedded mineralization. Future drilling should incorporate fences of holes across the hematite bodies
which will allow much better definition of the gold/copper zones. All findings from the recent drill program and geophysics will be used to plan the next phase. Holes will be planned to expand on and confirm previous high grade gold hits, including the twinning of previous holes. Some holes will be drilled at a 45 degree angle to the east through high grade zones previously intersected with westward drilling to help define the angle and thickness of high grade structures. Fences of drill holes are planned to expand on existing mineralization, with a resource report being generated after the next round of drilling. Metallurgical testing of the hematite is also planned to see how much the iron content can be upgraded. Drill testing of the intrusive target, located to the north of the current drilling, is planned after a district wide airborne geophysical survey is conducted. Tillkännagivande • Jun 15
NSJ Gold Corp. Announces Partial Assay Results from the Recent Drill Program At Its Golden Hills Project NSJ Gold Corp. announced partial assay results from the recent drill program at its Golden Hills Project. The program targeted structures thought to be defined by north-northwest trending geophysical anomalies and consisted of 16 drill holes. Initial interpretation indicates the geophysics defined broad zones of specular hematite that were deposited in reactive rocks adjacent to structures. However, the zones are too broad to test with single drill holes. Therefore, several holes have gold mineralization only near the bottom of the holes and a couple of holes, drilled over the structure, are missing mineralization. The next round of drilling will have fences of holes across the anomalies. These results show potential for high grade gold, copper, and iron mineralization. The highest gold grades were found within a known high grade gold bearing structure, but several lower grade zones were also discovered, especially at depths below where higher-grade gold mineralization was expected. Two intercepts totalling 10.7 meters (35 feet averaging over 1.5% copper) were also encountered. Metallurgy completed to date, by McClelland Laboratories Inc., Reno, Nevada, indicates greater than 77% recovery of high grade gold by gravity, and low grade gold and copper by separate leaching methods. Iron mineralization was higher than expected, including one hole that averaged over 21% Fe over the entire 76.2 meter (250 foot) total depth of the hole. Some specularite based iron mines, such as Marampa, have cut-off grades of 15% Fe and average feed grades of between 30-32% Fe, when iron ore prices were less that half of their current value. A rail line that connects with ports in California runs within 2 km (1.2 miles) of the project, which would aid in potential iron mineralization economics. Tillkännagivande • May 27
NSJ Gold Corp. Announces the Completion of Its Drill Program at its Golden Hills Project NSJ Gold Corp. announced the completion of its drill program at its Golden Hills Project. In total, 16 holes were completed totaling 4,145 feet (1,263 meters). These holes ranged in depth from 20 feet to 400 feet (6 to 122 meters) depending on the target. One of these targets is the main high grade gold zone, which has proven to be at least 290 feet (88 meters) long and is part of an 1,870 foot (570 meter) long IP anomaly. Three other IP anomalies were tested, with their lengths totalling approximately 5,330 feet (1,625 meters). All holes reached their intended depths. All 828 samples from the drill program are currently at ALS labs for geochemical analysis. Before analysis, all samples were securely stored and always in the property of a site geologist or field technician. All drill holes will be analyzed with a standard, blank, and blind duplicate in their assay runs. Gold, silver, copper, and iron concentration analysis will be performed on all samples. The results of these assays will be reported as soon as they are completed, certified, and plotted. The analysis is expected to take somewhere between 3 to 6 weeks. 