New Found to Acquire Labrador Gold's Kingsway Project [Yahoo! Finance]
New Found Gold Corp (NFGC)
Company Research
Source: Yahoo! Finance
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. Greg Matheson, COO of New Found, stated: "The acquisition of the Kingsway Project announced today is a significant building block to the district scale potential of the Queensway Project. We recognize the transformativ
Show less
Read more
Impact Snapshot
Event Time:
NFGC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NFGC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NFGC alerts
High impacting New Found Gold Corp news events
Weekly update
A roundup of the hottest topics
NFGC
News
- New Found Gold: Interesting Prospects And Low Share Price [Seeking Alpha]Seeking Alpha
- Exploits Engages HiSeis for Interpretation of Seismic Data on its Bullseye Property [Yahoo! Finance]Yahoo! Finance
- One New Found Gold Insider Raised Their Stake In The Previous Year [Yahoo! Finance]Yahoo! Finance
- New Found Gold Corp. (NYSE: NFGC) had its "buy" rating re-affirmed by analysts at Roth Mkm. They now have a $9.00 price target on the stock.MarketBeat
- Labrador Gold Announces Sale of Kingsway Project [Yahoo! Finance]Yahoo! Finance
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