Metalla becomes a Stakeholder in the Red Hills Project
To NuLegacy shareholders/stakeholders:
Hi Folks,
I’m emailing to draw your attention to today’s NuLegacy news release reporting Metalla Streaming & Royalties Ltd. becoming a stakeholder in NuLegacy’s Red Hill project.
Unfortunately, regulatory restrictions prevent us from extrapolating a potential value for NuLegacy’s 100% working interest in the Red Hill project based on Metalla’s ~ US$3 million purchase price for a 1.5% gross overriding royalty, so we will have to leave any mathematical valuations/calculations to you.
Also, I want to draw your attention to the updated and refreshed Investor Presentation just posted on our website at:
https://nulegacygold.com/site/assets/files/6471/rift_anticline_as_goldrush_analogue-_may_1-_2020.pdf
An update of NuLegacy’s progress in permitting its Rift Anticline Goldrush analogue target and specific drill site selection will be provided by the end of May and June respectively.
Cheers,
Albert J. Matter
CEO, Director
NuLegacy Gold Corporation | NUG:TSXV | NULGF:OTCQX
C: 604.512.7003 | www.nulegacygold.com
The foregoing is not intended to be relied upon as advice to investors or potential investors and does not constitute an offer to sell or the solicitation of an offer to buy any security nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. In addition, the foregoing contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions based on information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required