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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. 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.


TSXV:NFG - Post by User

Post by Benson55on Sep 24, 2021 11:39am
213 Views
Post# 33914023

Moving to NYSE

Moving to NYSE

New Found Gold (TSXV: NFG) is finally moving to a US big board. While the company initially announced the move over two months ago, the transition of its US listing to a top tier market is expected to occur by the end of the month finally.

The company will be listing its shares for trading on the New York Stock Exchange, as previously revealed back in early July. The firm expects to trade under the symbol “NFGC” on the exchange, while also maintaining its Canadian listing on the TSX Venture.

New Found expects its shares to begin trading on September 29, 2021 on the exchange.

The announcement follows the company yesterday indicating that it has discovered a new zone on its Queensway property in Newfoundland, which it has labelled as Big Dave. The zone is the most northerly discovery to date on the property, and lies along the Appleton Fault, similar to other discoveries on the property.

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