Newfoundland Discovery announces that, further to its news release dated October 30, 2024, the Company shall proceed on a share consolidation of one post-consolidation share for every ten pre-consolidation shares. Effective at the opening on Wednesday, November 6, 2024, the shares of the Company will commence trading on the Canadian Securities Exchange on a consolidated basis. The name and stock symbol share remain the [...]
Newfoundland Discovery announces that the Board of Directors has approved a consolidation of all of the Company's issued and outstanding common shares on the basis of twenty pre-consolidated shares for every one post-consolidated share . After giving effect to the Consolidation, the Company will have 4,661,333 common shares issued and outstanding. The Company's name and stock symbol shall remain the same. The [...]
Eric Sprott announces that, on November 24, 2023, 625,000 common share purchase warrants of Newfoundland Discovery Corp., expired unexercised representing a decrease in holdings of approximately 9.3% of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned 5,985,000 Shares and 625,000 Warrants [...]
As 2023 edges towards a close, Newfoundland Discovery Corp. takes a moment to reflect on a year characterized by undeniable challenges but also strategic advancements. Strategic Highlights Acquisitions and Focus on Lithium and Gold Exploration: The Company exhibited its dedication to lithium and gold exploration with the acquisition of several lithium-focused projects alongside the 100% Earn-In of the Rodger's Cove [...]
Newfoundland Discovery Corp. proudly announces its 100% acquisition of the "Voltstone Project", an extensive mineral property located in Northwestern Ontario, acquired through strategic internal staking. The Company's cost-efficient approach led to the acquisition of 266 mineral claims. This new project is strategically located less than 10 kilometres from Pegmatite One's Frazer Mound Property, a significant lithium [...]
Newfoundland Discovery Corp. is pleased to announce that it has successfully earned-in a 100% interest in the promising Rodger's Cove Project in Newfoundland. This development underscores the Company's commitment to unlocking the full potential of the Project. Since the commencement of the Rodger's Cove Project, Newfoundland Discovery has been diligent in the execution of its exploration programs. From Phase One [...]
Newfoundland Discovery Corp. announces the termination of the option agreement on the Goldson Property, located in the Province of Newfoundland and Labrador, Canada, whereby the Company held an option to acquire a 100% interest. Additionally, the Company shall issue 300,000 common shares to the optionors to remedy a default whereby the Company allowed certain claims comprising the Goldson Property to lapse without prior [...]
Newfoundland Discovery Refocuses Portfolio by Terminating Option Agreements Newfoundland Discovery Corp. announces the termination of the option agreements for the Maxwell and JMW projects in the Chapais-Chibougamau Area, as well as the Schefferville project located in the Schefferville Area, Quebec, Canada. These decisions were following a comprehensive review of each project's potential, upside exploration expansion [...]
Acquisition of Newlands Lithium Property Strengthens its Strategic Foothold, Offering Greater Opportunities for Exploration Resource Development in the Region Newfoundland Discovery Corp. is pleased to announce that the Company has entered into an option agreement , under which the Company has been granted the option to acquire a 100% interest in the Newlands Lithium Property , located in Hearst, Ontario. The property [...]
Newfoundland Discovery Corp. is pleased to announce geochemistry soil sample assay results from Phase One exploration at its Rodger's Cove project in Newfoundland. The soil sampling program uncovered three highly anomalous geochemical gold clusters. Following these impressive results, the Company has quickly advanced to Phase Two of the programs which is currently underway. This phase includes further sampling, trenching [...]
Newfoundland Discovery Corp. is pleased to announce that the Company has entered into an option agreement whereby the Company has been granted the option to acquire a 100% interest in the Dickison/McKnight Property , located in Ontario, Canada. Dickison Lithium Property The acquisition of the Dickison Lithium Property, located in the McKnight Lake Area Township near Terrace Bay, Ontario, presents a unique and timely [...]
Newfoundland Discovery Corp. is pleased to provide significant updates regarding the Company's operations and strategic direction under the leadership of its new CEO, Jeremy Prinsen. Hand-selected by outgoing CEO Blair Naughty, Jeremy has made a remarkable impact on the Company since his appointment. With Mr. Naughty remaining a long-term shareholder and ardent supporter, Newfoundland Discovery is poised for a very active [...]