New Found to Acquire Labrador Gold’s Kingsway Project
New Found Gold Corp (NFGC)
Company Research
Source: Business Wire
VANCOUVER, British Columbia--(BUSINESS WIRE)--New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce that it has entered into a property purchase agreement (the “Agreement”) with Labrador Gold Corp. (“LabGold”) (TSX-V: LAB, OTCQX: NKOSF, FNR: 2N6) providing for the sale by LabGold to New Found (the “Transaction”) of a 100% interest in LabGold’s Kingsway Project (the “Kingsway Project”), located in Gander, Newfoundland and Labrador, as well as certain related assets of LabGold (together with the Kingsway Project, the “Purchased Assets”). As consideration for the Purchased Assets, New Found will issue to LabGold such number of common shares in New Found (the “Shares”) equal to CDN$20,000,000 divided by the closing price of the Shares on the TSX Venture Exchange (the “TSX-V”) on the last trading day prior to the closing date of the Transaction.This press release features multimedia. View the full release here: https://www.businesswire.co
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NFGC
Sec Filings
- 5/9/24 - Form 6-K
- 5/9/24 - Form 6-K
- 4/22/24 - Form 6-K
- NFGC's page on the SEC website