NuLegacy Engages Proactive Investors

By regulatory requirement,
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RENO, Nev., Oct. 20, 2023 (GLOBE NEWSWIRE) -- The Company has entered into a media services agreement with Proactive Investors North America Inc. (“Proactive”) to raise public awareness of the Company and enhance its profile with the global investment community. Proactive is a multimedia news organization and events management company based in Toronto, Canada which operates financial websites providing breaking news and commentary on listed companies. Proactive reporters will provide coverage of the Company’s news releases, interviews with the Company’s executives and a dedicated landing page across Proactive’s website network. Proactive’s content will also be syndicated across social media, news aggregators and news tracking services. Proactive has not been engaged to provide investor relations services. Proactive’s media package is for a term of one year at an upfront annual fee of C$44,100, which fee will be paid out of the Company’s existing working capital. In turn, Proactive has subscribed for 1,764,000 units of the Company’s non-brokered private placement announced September 12, 2023 (the “Offering”) at a price of $0.025 per unit for a total purchase price of C$44,100. No stock options are being granted to Proactive and no other compensation is payable in connection with its engagement.

About NuLegacy Gold: NuLegacy Gold is exploring for high-grade Carlin-style gold deposits on its superbly located 108 sq. km (42 sq. mile) district scale Red Hill property. Red Hill is on trend/adjacent^I to three of Nevada Gold Mines’ most profitable multi-million ounce Carlin-type gold mines; the Pipeline, Cortez and Goldrush^II with their massive 50+ million ounces gold endowment.   These are three of the thirty largest, lowest cost, highest grade, and politically safest gold mines, producing circa 3% of the world’s gold. Each of NuLegacy’s seven principals/exploration team-members has contributed to the discovery/expansion of one or more of Nevada’s seven massive Carlin-style gold deposits!

On Behalf Of The Board Of NuLegacy Gold Corporation

Albert J. Matter, Chief Executive Officer & Cofounding Director Tel: [phone]; Email: [e-mail]

For more information about NuLegacy visit: www.nulegacygold.com or www.sedarplus.ca

^I The similarity and proximity of these deposits in the Cortez Trend including Goldrush are not necessarily indicative of the gold mineralization in NuLegacy’s Red Hill Property.