New Found Gold private placement of Mar-18 accepted by TSX-v New Found Gold Corp (C:NFG)
Shares Issued 151,217,603
Last Close 5/12/2021 $9.29
Wednesday May 12 2021 - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced March 18, 2021.
Number of shares:2,857,000 flow-through (FT) shares Purchase price:$5.25 per FT share Number of placees:seven placeesInsider:Eric Sprott, 1.9 millionPro groups:Harry K. Culhan, 226,118; Anthony Erdoby, 142,858
Note that Mr. Sprott has purchased additional 957,000 shares (charity flow-through part of the transaction) as the back-end purchaser.
Finder's fee:an aggregate of 3.5 per cent of gross proceeds paid in cash to Clarus Securities Inc.