New Found Gold Corp V.NFG

Alternate Symbol(s): NFGC

Metals & Mining Gold

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is 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 an 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 also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The Company is undertaking a 650,000-meter drill program on Queensway. It has royalty interests underlying Keats South and several additional zones in Queensway.

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New Found Gold Corp > News from Annual Meeting?

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Comment by cybermanon Sep 17, 2021 1:22pm

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Post# 33878160

RE:RE:RE:RE:RE:RE:RE:News from Annual Meeting?

item 6.

consider, and if thought fit by disinterested shareholders, pass an ordinary resolution to approve a grant of 200,000 stock options to Douglas Hurst which occurred on May 17, 2021 at a time when the maximum number of shares issuable under the Stock Option Plan exceeded 10% of the number of shares issued and outstanding;

cyberman wrote: there were shares given that were not approved as far as i understand, as noted, the "special" part of the meeting agenda.

Kewl002 wrote: Cyberman -- thanks for reply. You mentioned this "and sense of inappropriate behavior sets forward motions back until resolved, which it is now."

Would you please elaborate as it's too cryptic for me -- have no idea what is being referred to here........

Thanks again