NuLegacy Gold Corporation (TSX-V:NUG) (OTCQX:NULGF) reports that on April 19, 2016 the Tocqueville Gold Fund acquired 19.5 million shares of NuLegacy Gold at C$.20/share through an open market transaction.

The long established and renowned gold fund co-managed by John Hathaway and Doug Groh is part of the Tocqueville Private Wealth Management group of funds established to serve the long- term investment needs of high net worth families and individuals. The New York-based Tocqueville is an employee-owned group of professionals who base their decisions on their own rigorous, in-depth research and thorough knowledge of every investment position in each portfolio with emphasis on undervalued and out-of-favor assets.

Global Resources Investment Trust PLC  a British resource investment trust, which supported NuLegacy during the worst of the bear market, was pleased to be able to liquidate part of its resource investment portfolio profitably.

About NuLegacy:

– NuLegacy is an advanced stage exploration company focused on developing its district-scale Carlin- type oxidized Iceberg gold deposit located on 38 sq. mile (98 sq. km) portion of the Cortez trend.

– The Iceberg gold deposit has an established exploration targetⁱ of 90 to 110 million tonnes grading between 0.90 grams and 1.10 grams of gold/tonne.

– It is on trend and adjacentⁱⁱ to three of Barrick`s multi-million ounce Carlin-type gold systems that are amongst Barrick’s lowest cost and politically safest depositsⁱⁱⁱ.