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Labrador Gold completes sale of Kingsway Project

Labrador Gold completes sale of Kingsway Project

Labrador Gold (NKOSF) has completed its sale to New Found Gold Corp. (NFGC) of its 100% interest in the Kingsway Project, located in Gander, Newfoundland and Labrador, as well as certain related assets of the Company. Pursuant to the Disposition, LabGold has received 5,263,157 common shares in the capital of New Found as consideration for the Sold Assets.

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