Intent of agreement
The 'ATM' deal is also, in the agreement known as 'Equity Distribution Agreement', and is
effective until August 22 this ;year.
However, " it is in effect until that date, "Unless TERMINATED by New Found Gold prior to that
date".
"TIming and extent will be at the DISCRETION of the company. Proceeds of the arrangement
could be significantly less that $100 million".
It appears that BMO is dumping shares at distress prices, all with the blessing of NFG
management. BMO are following THEIR guide.
THis vile, unneccesary distirbution should be stopped
.
It is time to call off the dogs.