Nation Gold said it completed the acquisition of a 100% interest in the Bonito gold-silver project in New Mexico through its wholly owned subsidiary, Nation Gold US. Under the purchase agreement, Nation Gold has paid USD 200,000 in cash, with a further USD 100,000 payable after an initial drill permit is received or 18 months after closing, whichever is later. Nation Gold also plans to issue 13 million common shares to nominees of Cannon Bridge once the Bonito claims are recorded in the name of Nation Gold US.

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