RE:RE:Anyone else thinking that...I don't think it'd be a cash deal. Likely LAB &NFLD would be offered pro-rata equity stake in NFG
It would be up to Sprott& NFG as to how the deal would be constructed
LAB completed two financings @ $0.74 and $0.90 per share totaling $24.8M with Eric Sprott and New Found Gold in 2021
SPROTT and NFG own 20% & 12% respectively of NFLD