TSXV:NFGMetals and Mining
New Found Gold (TSXV:NFG) Is Up 5.6% After Securing CA$205M For Queensway Phase I Build-Out
New Found Gold Corp. recently secured a CA$105 million senior secured credit facility from EdgePoint Capital Advisors and filed a CA$100.048 million follow-on equity offering to help fund Phase I development of its Queensway Gold Project, alongside reporting final 2025 drilling results that expanded the Dropkick Zone.
Together, the financing package and confirmation that Dropkick remains open along strike and at depth highlight both funding access and geological upside for Queensway’s...