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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 > One Week To AGM and 1.55 m stock options
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Comment by suregold2on Dec 10, 2024 2:17pm
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Post# 36355094

RE:One Week To AGM and 1.55 m stock options

RE:One Week To AGM and 1.55 m stock options
Nozz, there is no planned equity financing. see link:

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

 This authorizes the company to issue financing in whatever means available or necessary for 2 year period ending in August 2026! A financing has to  come within next 2 or 3 monts at most with a $7 million burn rate now, they will be dangerously low on cash by February!
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