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New Found Gold Corp. Expands with Kingsway Acquisition

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New Found Gold Corp. Expands with Kingsway Acquisition

New Found Gold (TSE:NFG) has released an update.

New Found Gold Corp. has finalized the acquisition of Labrador Gold Corp.’s Kingsway Project in Gander, Newfoundland and Labrador, significantly expanding their assets. The deal was cemented with the issuance of over 5 million New Found common shares to LabGold. This strategic acquisition complements New Found’s existing Queensway Project, enhancing the company’s position in a resource-rich region.

For further insights into TSE:NFG stock, check out TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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