NFG Posts New Prospectus on SEDAR - up to $300M raiseDated July 8, 2022 -- 627K file size
www.sedar.com www.sedar.com --> search NEW FOUND GOLD
THIS DOES NOT MEAN THEY ARE RAISING $300M IMMEDIATELY BUT RATHER GETTING THE PAPERWORK IN PLACE FOR SOMETIME IN THE FUTURE. SIMILAR TO THE MONTHS IT TOOK TO GET THE US LISTING FINALIZED.
(Hopefully after they raise the share price to minimize dilution. $300M is an amount of money that buys another 500K meters of drilling OR perhaps builds a mine?)