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/PRNewswire/ -- The pandemic has spurred an historical rise in the price of gold but investors are wondering "Which way will gold go in 2021?" They are asking...
New Found Gold Corp. (" New Found" or the " Company") (TSXV: NFG) (OTC: NFGFF) is pleased to announce that it has completed its previously announced non-brokered private placement of 2,857,000 common shares of the Company that qualify as "flow-through shares" for the purposes of the Income Tax Act (Canada) (the " FT Shares") at a price of $5.25 per FT Share (the " Financing"), for gross proceeds to New Found of $14,999,250. The FT Shares have a hold period of four months and one day from closing, expiring on August 9, 2021. On closing, a cash finders' fee equal to 3.5% of the gross proc...
Eric Sprott Announces Investment in New Found Gold Corp. Toronto, Ontario--(Newsfile Corp. - April 8, 2021) - Eric Sprott announces that today, both he and 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired ownership of 2,857,000 common shares (shares) of New Found Gold, through a concurrent private placement and share purchase, of which 1,900,000 shares were "flow-through" shares (at $5.25 per share) and 957,000 were shares (at $3.84 per share) for aggregate consideration of approximately $13,649,880. Mr. Sprott now beneficially owns and controls 27,958,300 shar...
Posted on 1 Exploits Discovery Corp. (OTCQB: NFLDF) (CSE:NFLD) (FSE:634-FF) is pleased to announce that it has entered into an agreement to acquire 100% interest in the Hicks – Dog Bay properties (the “properties”) to consolidate the Dog Bay Gold Project (the “project”) for 550,000 Exploits shares. The claims are subject to a 2.0% Net Smelter Royalty to one of the underlying vendors of which 1.0% may be bought out for $1 million at any time. This land acquisition contains several significant historic gold showings and wil...
Highlights include 10.4 metres of 22.5 g/t gold from 11.7 metres and 15.9 metres of 31.4 g/t gold starting at 45 metres.