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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (88204)	8/11/2020 7:45:00 AM
From: Goose94	Read Replies (1) \| Respond to of 202704

New Found Gold (NFG-V) initial public offering (IPO) prospectus dated July 31, 2020, has been filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the British Columbia and Ontario securities commissions on July 31, 2020. The prospectus has been filed under Multilateral Instrument 11-102, Passport System, in Alberta and has also been receipted on July 31, 2020. The gross proceeds to be received by the company on closing of the IPO will be $27.3-million (21 million common shares at $1.30 per common share). The company is classified as a mineral exploration company. Commence date: At the opening on Tuesday, Aug. 11, the common shares of the company will be listed for trading on the TSX Venture Exchange. Corporate jurisdiction: British Columbia Capitalization: unlimited common shares with no par value, of which 134,800,231 common shares will be issued and outstanding on closing of the IPO Escrowed shares: 90,199,500 common shares held by principals of the company, subject to a National Instrument 46-201 36-month staged release escrow Transfer agent: Computershare Investor Services Inc. Trading symbol: NFG Cusip No.: 64440N103 Agents: Canaccord Genuity Corp. and BMO Nesbitt Burns Inc. (lead agents), and Desjardins Securities Inc. Agents' option: The agents have overallotted the offering to the extent of shares. The company has granted a greenshoe option entitling the agents to purchase a total of 3.15 million shares at a price of $1.30 up to the close of business on Sept. 10, 2020. Agents' warrants: The agents will receive an aggregate of 1,379,768 warrants, entitling the agents to purchase 1,379,768 common shares at a price of $1.30 per share for a period of 12 months assuming the exercise of the agents' option. For further information, please refer to the company's prospectus dated July 31, 2020.