New Found Gold is pleased to announce that it has completed its previously announced non-brokered private placement of 12,269,939 common shares of the Company for gross proceeds to New Found Gold of C$20,000,000.57. The Common Shares have a hold period of four months and one day from closing, expiring on Dec 27, 2025. Mr. Eric Sprott through 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 12,269,939 Common Shares pursuant to the Private Placement for total consideration of C$20,000,000.57. Prior to the Private Placement, Mr. Sprott beneficially owned or controlled 43,954,076 Common Shares of the Company representing approximately 19.0% of the outstanding Common Shares of the Company on a non-diluted basi...