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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

Comment by suregold2on Dec 10, 2024 2:11pm
86 Views
Post# 36355083

RE:Financing???

RE:Financing???
That ATM expired at end of July and on August 1, the Company issued a prospectus authorizing it to issue further securities over the next 2 years (ending in 2026) up to a total amount of $300,000,000. There have been no issues of any kind under this prospectus up to today's date. A financing will be required som time in next 2 or 3 months at most, so we must assume that will occur under this prospectus!. Here is the Sedar+ link: hope it works. If not, go to sedar and enter search terms yourself!

https://www.sedarplus.ca/csa-party/viewInstance/view.html?id=0c11f8b7998bcd9678eca91bcf9443b5df52284642db87f3#scrollTop
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