New Found Gold closes bought-deal follow-on offering raising CAD 115.06 million

PUBT·04/27/2026 13:10:11

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New Found Gold closed bought deal follow-on offering of 38,870,000 common shares at CAD 2.96 per share.
Gross proceeds totaled CAD 115.06 million, including full exercise of 5,070,000-share over-allotment option.
Net proceeds earmarked to advance 100%-owned Queensway Gold Project, also for general corporate purposes.
EdgePoint Investment Group participated with co-lead order.
Eric Sprott joined offering with co-lead order, maintaining about 19% stake.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Found Gold Corp. published the original content used to generate this news brief on April 27, 2026, and is solely responsible for the information contained therein.

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