Brief: New Found Gold Corp Announces C$50 Million Bought Deal Financing

New Found Gold

07/12/2022 21:35

Dec 7 (Reuters) - New Found Gold Corp  NFG.V :
    * NEW FOUND GOLD CORP. ANNOUNCES C$50 MILLION BOUGHT DEAL
FINANCING
    * NEW FOUND GOLD CORP - INTENDS TO USE NET PROCEEDS FROM
FINANCING
TO CONTINUE ITS EXPLORATION AND DRILLING EFFORTS AT ITS
QUEENSWAY PROJECT
    * NEW FOUND GOLD - UNDERWRITERS HAVE AGREED TO BUY, ON A
BOUGHT
DEAL BASIS, 6.3 MILLION CHARITY FLOW-THROUGH COMMON SHARES AT
PRICE OF C$8.00 PER SHARE

Source text for Eikon:  ID:nGNXPJ4xk 
Further company coverage:  NFG.V 
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