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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 Dixiedeeon Aug 04, 2024 12:56pm
99 Views
Post# 36163902

ATM ?

ATM ?If there is another ATM coming out then it will be announced on their website in a press release when it gets approval Sedar is down for maintence this weekend so couldn't check the filing of it or its terms and conditions It makes me wonder if an arrangement is being made to allow a major to take a substantial stake after the next round of deep drilling is reported any new ATM would most likely not come into effect until after the existing one expires aug 22/24 .I will not pass judgement until I see the actual terms and conditions 
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