New Found Gold Senior Secured Credit Facility
Sector: Bridge • Location: Vancouver, Newfoundland and Labrador, Canada
Source: Stock Titan
New Found Gold Corp. has secured a senior secured credit facility totaling Cdn.$105,000,000 with EdgePoint Investment Group Inc. The facility is split into two tranches: Cdn.$70,000,000 for Tranche 1 and Cdn.$35,000,000 for Tranche 2. The proceeds will be used for general corporate and working capital purposes, including bridge financing for the development of the Hammerdown and Queensway gold pro
- Status
- Closed
- Sector
- Bridge
- Location
- Vancouver, Newfoundland and Labrador, Canada
- Updated
- 22 Jul 2026
- Source
- Stock Titan
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Project Information
Participants
| Not available for this record. |
Status
Original status | awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | New Found Gold Corp. has secured a senior secured credit facility totaling Cdn.$105,000,000 with EdgePoint Investment Group Inc. The facility is split into two tranches: Cdn.$70,000,000 for Tranche 1 and Cdn.$35,000,000 for Tranche 2. The proceeds will be used for general corporate and working capital purposes, including bridge financing for the development of the Hammerdown and Queensway gold projects. The loan has a three-year maturity from the Tranche 1 drawdown date and includes equity-linked warrants. |
Original sector | Mining |
Budget |
Location
Country | Canada |
State | Newfoundland and Labrador |
City | Vancouver |
Source
Source | Stock Titan |
URL |
More Details
Record type | Project |
Sector | Bridge |
Article published date | 2026-05-07 |
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