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.

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New Found Gold Corp

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Comment by Dixiedeeon Feb 12, 2025 11:52am

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Post# 36449813

RE:RE:RE:RE:RE:Eric Sprott bought 200,000 shares NFG

He use to own 34 % of newfound gold shares then it dropped to 20% when I enquired about this the company said he did not sell any shares he did some estate planning with his two daughters gifting them 7% each at the time bringing his ownership down to 20 % at the time .because the amount his daughters own is less than 10% they do not have to report as insiders .hope this answers your question this was a couple years ago now

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