NexGold and Signal Gold formed a joint venture.

NexGold, a gold-focused exploration and development company, and Signal Gold, a gold mining company, formed a joint venture. Financial terms were not disclosed. “Today we have created a stronger and larger company with two cornerstone assets that we believe are near-term gold development projects. We have also strengthened the balance sheet, and now have a great opportunity to create immense value for our combined shareholder base. We extend our thanks to shareholders, stakeholders and our Rightsholders that will help us realize our vision. With this transaction, NexGold is primed to move forward on our path to development. I would like to thank the outgoing members of the Signal Gold board of directors for their diligence and hard work in moving us towards this next phase,” Kevin Bullock, President, CEO and Director.