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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises a approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company is undertaking a 500,000-meter drill program at Queensway.


TSXV:NFG - Post by User

Comment by rummageron Aug 27, 2022 8:57am
149 Views
Post# 34924336

RE:ATM's advantages and disadvantages

RE:ATM's advantages and disadvantagesAn ATM can be a win-win for shareholders and the fund sponsors. It is more ideal than a rights offering that is frequently dilutive to shareholders and NAV. With an ATM, they are only done when funds are trading at premiums. Thus, they are accretive to shareholders.
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