Eric Sprott buying at New Found Gold (NFG)

Eric Sprott buying at New Found Gold (V:NFG)

2176423 Ontario Ltd., a 10% Holder, acquired 5,000,000 Common Shares on a direct ownership basis at a price of $9.600 through a prospectus or prospectus exempt offering on November 24th, 2021. This represents a $48,000,000 investment into the company's shares and an account share holdings change of 16.8%.

New Found Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in the Provinces of Newfoundland and Labrador and Ontario, Canada. Its Queensway Project consists of approximately 86 mineral licenses, including 6,041 claims consisting of approximately 151,030 hectares of land located near Gander, Newfoundland. In addition, the Company also owns a 100% interest in the Lucky Strike project in Kirkland Lake, Ontario consisting of approximately 11,684 hectares, as well as a portfolio of mining and royalty interests throughout northeastern Ontario. The Lucky Strike Property is located approximately10 kilometers north of Larder Lake, Ontario and consists of approximately 639 single cell un-patented mining claims.