en.Wedoany.com Reported - Nu-Med Plus, Inc. announced that it has acquired Avid Gold Ltd and its wholly-owned subsidiary Maritimes Gold Corp., and has entered into mineral purchase agreements with MegumaGold Corp. and other companies to acquire six gold assets located in Nova Scotia, New Brunswick, and Newfoundland and Labrador, Canada. The completion of the aforementioned mineral purchase agreements is subject to several conditions precedent, including approval from MegumaGold shareholders and other customary closing conditions.

Avid Gold is a holding company consisting of its wholly-owned subsidiary Maritimes Gold. Maritimes Gold is dedicated to identifying high-grade gold exploration projects through technical evaluation and industry expertise, advancing its asset portfolio through exploration, development, and production. The acquired assets encompass over 30,900 acres of mineral rights in Atlantic Canada, with four of the assets located in the Meguma terrane, one of Canada's significant gold-producing regions.

The company's board of directors will be composed of individuals with experience in gold exploration, development, and public markets. Former CEO William Hayde has been appointed as Chairman of the Board, Keith Merrell will continue to serve as Chief Financial Officer and Board Member, and Fred Tejada will join the Board as a Director upon completion of the transaction. Fred Tejada will also serve as Senior Vice President and Chief Geologist, bringing over 40 years of international mining experience, having worked as a professional geologist on numerous global mining projects involving gold, copper, nickel, cobalt, and coal. He will lead the company's gold exploration activities.