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.

TSXV:NFG - Post by User

New Found Gold Corp > 13.5 million NFG shares

<< Previous

Bullboard Posts

Next >>

Comment by Retiredgeoon Feb 13, 2023 11:07am

85 Views

Post# 35283035

RE:RE:13.5 million NFG shares

The offering was completed in August 2020. Some 21,000,000 shares were issued at $1.30 share. The details were vague.

From the headline 13.5 million of the 21 million shares are now available for trade.

Sounds like the original agreement got amended.

<< Previous

Bullboard Posts

Next >>

Changing Europe’s dependency on HREE from China