New Found Gold Corp
NFGCNew Found Gold Corp (NFGC) is a Canadian mineral exploration company focused on discovering and developing gold deposits. The company primarily explores properties in Newfoundland and Labrador, known for their potential to host high-grade gold deposits. New Found Gold is recognized for its efforts in resource exploration, aiming to identify significant gold resources through geophysical and geochemical surveys, drilling, and advanced exploration techniques.
Company News
Dundee Corporation has closed the sale of its royalty on the Borborema Gold Project to Gold Royalty Corp. for US$45 million (US$30 million cash and US$15 million in shares). The transaction strengthens Dundee's balance sheet and delivers NAV accretion. Despite the sale, Dundee's portfolio NAV per share of $8.28 significantly exceeds its current m...
Mustang Energy Corp. has staked two new mineral exploration properties in Newfoundland: the Onyx Uranium Project and Bridal Veil Copper-Silver Project, totaling 446 claims across 3,875 hectares, marking the company's strategic expansion into eastern Canada.
Rocky Shore Gold Ltd. has entered into option and purchase agreements to acquire two mining properties in central Newfoundland, enhancing its strategic position in a promising gold belt. The acquisitions include the Huxter Lane and Brady properties, which host historical gold resource estimates.
Dundee Corporation reported strong Q3 2025 net earnings of $90.6 million, driven by royalty revenue from Borborema Gold Project and substantial investment gains across its mining portfolio, highlighting successful investment strategies and potential for future growth.
Dundee Corporation has acquired 36,722,569 common shares and 7,655,829 warrants of New Found Gold Corp., representing approximately 10.88% ownership on an undiluted basis and 12.86% on a partially diluted basis.
