-+ 0.00%
-+ 0.00%
-+ 0.00%

New Found Gold secures CAD 105 million senior secured credit facility with EdgePoint

PUBT·04/20/2026 11:16:16
Listen to the news
New Found Gold secures CAD 105 million senior secured credit facility with EdgePoint
  • New Found Gold secured CAD 205 million finance package tied to Queensway Gold Project-Phase I development.
  • EdgePoint provided CAD 105 million senior secured credit facility.
  • Funding also includes CAD 100 million bought deal equity financing for 33,800,000 shares priced at CAD 2.96 per share.
  • Proceeds target initial capital expenditures for Queensway Phase I production schedule.
  • Company dropped previously contemplated secured loan facility with Nebari Natural Resources Credit Fund II.


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 via GlobeNewswire (Ref. ID: 202604200715PRIMZONEFULLFEED9692946) on April 20, 2026, and is solely responsible for the information contained therein.