New Found Gold Corp. Announces Share Issue to Fund Queensway Gold Project

Reuters
2025.06.06 16:32
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New Found Gold Corp. has announced a share issue of Charity Flow-Through Common Shares and Common Shares to fund its Queensway Gold Project and for general corporate purposes. The offering was made via a prospectus supplement in Canada and the U.S. Key figures, including CEO Keith Boyle, participated in the offering, marking it as a related party transaction. This announcement is part of the company's ongoing efforts to advance its projects and operations.