New Found Gold Successfully Completes Initial Financing Round of C$56 Million for Strategic Growth
New Found Gold Secures Initial Financing to Accelerate Growth
New Found Gold Corp., listed on both the TSXV (NFG) and the NYSE-A (NFGC), announced the successful closure of the first tranche of its public offering aimed at raising C$56 million. This financing is expected to play a pivotal role in advancing the company's flagship Queensway Gold Project located in Newfoundland and Labrador, a region recognized for its rich mineral resources and favorable infrastructure.
Details of the Offering
On June 3, 2025, New Found Gold reported that it successfully completed the first tranche of its