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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 Evenkeel123on Oct 04, 2023 8:05am
64 Views
Post# 35668479

RE:RE:RE:RE:Press release

RE:RE:RE:RE:Press release

Eh Dixie,

Are you telling us that all you care about are the drill results, and never mind anything else like expenses that bucc is pointing out, and this.  Everything that goes on is important.

From the commencement of the ATM to September 30, 2023, the Company issued an aggregate of 4,052,453 common shares in the capital of the Company (the “ATM Shares”), through the facilities of the TSX Venture Exchange (the “TSXV”) and NYSE American, at an average price per ATM Share of C$6.30. From July 1, 2023 to September 30, 2023, the Company issued 2,061,235 ATM Shares for aggregate gross proceeds of C$13,149,879.59 and an aggregate net proceeds of C$12,840,783.11. Pursuant to the Equity Distribution Agreement, a cash commission of C$309,021.89 was paid to the Agents in connection with the issuance of the ATM Shares during the last fiscal quarter.

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