Labrador Gold Announces Sale of Kingsway Project [Yahoo! Finance]
New Found Gold Corp (NFGC)
Company Research
Source: Yahoo! Finance
announce that it has entered into a property purchase agreement (the “ Definitive Agreement ”) with New Found Gold Corp. (“ NFG ”), whereby NFG will acquire a 100% interest in the Kingsway Project, including all property and mining rights associated with the property, (the “ Transaction ”) in exchange for $20,000,000 CAD (the “ Purchase Price ”) payable and satisfied by the delivery to LabGold of such number of NFG Common Shares (the “ Consideration Shares ”) determined by dividing the Purchase Price by the closing price of the NFG Common Shares on the TSX Venture Exchange (“ TSXV ”) on the last trading day prior to the closing of the Transaction. The Consideration Shares will be subject to a resale restriction of four months and one day from the closing of the Transaction. “The LabGold team has worked hard over the last four years to generate and test targets along the prospective Appleton Fault Zone. This work resulted in the discovery of seven gold occurrences from the nine targe
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NFGC
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- 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
- New Found to Acquire Labrador Gold's 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