PALISADES ANNOUNCES LOAN FACILITY WITH BANK OF MONTREAL AND CONVERSION OF NOTE INTO COMMON SHARES [Yahoo! Finance]
New Found Gold Corp Common Shares (NFGC)
Company Research
Source: Yahoo! Finance
loan agreement (the " BMO Loan Facility "), as borrower, with Bank of Montreal, as lender (" BMO "), which provides for a loan facility of up to C$40.0 million, with borrowing capacity ranging from C$10.0 million to C$40.0 million based on the market price of New Found Gold Corp. common shares (" NFG Shares "). Palisades further announces that Tungsten III LLC, a company owned or controlled by Michael Parker, has exercised the conversion right to settle the principal amount owing pursuant to the remaining secured convertible note of C$4,161,600 (the " Note ") into common shares of the Company (the " Conversion "). Following the Conversion, the Company's only debt obligation will be for amounts drawn under the BMO Loan Facility. Palisades Goldcorp Ltd. (CNW Group/Palisades Goldcorp Ltd.) Collin Kettell, Chairman and CEO of Palisades, stated: " The BMO Loan Facility represents an important milestone for Palisades, providing flexible and cost-effective access to capital to support th
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NFGC
News
- A Look At New Found Gold (TSXV:NFG) Valuation As Shares Trade At A Discounted 2.5x P/B [Yahoo! Finance]Yahoo! Finance
- New Found Gold Announces $205M Finance Package [Yahoo! Finance]Yahoo! Finance
- New Found Gold Announces $205M Finance PackageGlobeNewswire
- Why New Found Gold (NFGC) Still Has Bullish Backing Despite a Lower Roth MKM Target [Yahoo! Finance]Yahoo! Finance
- Analysts See Over 100% Upside for New Found (NFGC) Amid Accelerated Progress At Queensway Gold Project [Yahoo! Finance]Yahoo! Finance
NFGC
Sec Filings
- 4/27/26 - Form 6-K
- 4/23/26 - Form 6-K
- 4/22/26 - Form SUPPL
- NFGC's page on the SEC website