Mergers & Acquisitions ·
Nu-Med Plus, Inc. completed the acquisition of six gold mineral properties in Nova Scotia, New Brunswick, and…
NUMDNu-Med Plus, Inc.
Nu-Med Plus, Inc. completed the acquisition of six gold mineral properties in Nova Scotia, New Brunswick, and Newfoundland and Labrador through its subsidiary Maritimes Gold Corp. The transaction closed on August 20, 2026, following shareholder approval by MegumaGold Corp., which held approximately 84.5% of voting shares. Consideration included the issuance of 500,000 shares of Series A Preferred Stock to MegumaGold and the granting of 5.0% net smelter returns royalties on each property. The preferred stock is convertible into up to 10,000,000 common shares and includes a contingent value protection mechanism requiring additional equity issuance if gross proceeds from share sales fall below $3.0 million within three years. Nu-Med Plus, Inc. operates in the gold mining industry.