Eric Sprott buying at Newfoundland Discovery (NEWD)

Eric Sprott buying at Newfoundland Discovery (C:NEWD)

Updated Monday Nov 29, 2021 03:19 AM EDT
2176423 Ontario Ltd., a 10% Holder, acquired 1,250,000 Common Shares on a direct ownership basis at a price of $0.400 through a prospectus or prospectus exempt offering on November 25th, 2021. The insider also acquired 625,000 Warrants on a direct ownership basis with an exercise price of $0.800 until November 25th, 2023. This represents a $500,000 investment into the company's shares and an account share holdings change of 26.4%.

Newfoundland Discovery is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

Newfoundland Discovery Corp., formerly Great Thunder Gold Corp., is a Canada-based junior mining exploration company focused on exploration and development along the Detour Gold trend in Quebec. The Company's properties include Northbound Property, Northbound Extension, Southern Star Property, Valentine Mountain, Chubb Property and Bouvier Property. The Company's Northbound Property comprises of 21 mineral claims and covers 1,162 hectares; The Northbound Extension property holds interest in gold mining; The Southern Star Property holds interest in gold and silver mineralization; The Valentine Mountain Property holds interest in gold mining, and The Chubb Property and Bouvier Property holds interest in lithium mining.

Headlines: Nov 29, 2021


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