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NVX NV Gold News Story

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Brief: NV Gold agrees to buy Redstar Gold's Nevada assets

Sept 2 (Reuters) - NV Gold Corp: 
    * NV Gold enters definitive agreement in regards to the 
acquisition of Redstar Gold Corp's Nevada assets including 
extensive geological database and 11 gold projects 
    * Under which NVX will acquire 100% of Redstar's exploration 
assets in Nevada 
    * Assets consist of 11 exploration projects in Nevada 
    * Under terms of agreement, NVX will acquire database, 
projects in consideration of NVX issuing to Redstar 6 million 
shares of NVX 
    * Under the agreement, Redstar has right to name two of a 
proposed 6 member board of NVX 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nCCN7rMqcJ 
Further company coverage:  NVX.V  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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