TORONTO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Nevada Zinc Corporation (“Nevada Zinc” or the “Company”) (TSX-V: NZN) announces that it has decided, at this time, to terminate the non-brokered private placement (the “Offering”), disclosed in the Company’s news releases dated August 23, 2023 and August 30, 2023, and not to proceed to close a second tranche. The Board’s decision to terminate the Offering is the result of the Company’s current review of several financing options and the need for additio