NFX Gold Inc.

NFX Gold Inc.

June 02, 2006 18:33 ET

NFX Issues Shares to International Goldfields Limited

TORONTO, ONTARIO--(CCNMatthews - June 2, 2006) - NFX Gold Inc. ("NFX" or the "Corporation") (TSX VENTURE:NFX) announces that pursuant to the terms of the previously announced NFX / International Goldfields Limited advisory agreement (the "NFX / Goldfields Agreement") NFX has issued to International Goldfields Limited 20,833 common shares of NFX at a deemed value of $0.40 per share as a consultancy fee for technical and advisory services provided for and on behalf of the Corporation during March 2006. The shares issued in connection with the NFX / Goldfields Agreement are subject to a hold period, which expires on October 3, 2006.

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • NFX Gold Inc.
    Thomas G. Larsen
    President and Chief Executive Officer
    (416) 360-8006
    NFX Gold Inc.
    Jorge Estepa
    Vice President
    (416) 360-8006
    (416) 361-1333 (FAX)