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New Found Announces Grant of Stock Options and Advises of Correction to News Release Dated April 27, 2021
New Found Announces Grant of Stock Options and Advises of Correction to News Release Date...
About this update from New Found Gold Corp
[{"type":"text","content":"\n \n \n \n New Found Announces Grant of Stock Options and Advises of Correction to News Release Dated April 27, 2021\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n April 30, 2021\n \n /CNW/ -\n \n New Found Gold Corp.\n \n (\"\n \n New Found\n \n \" or the \"\n \n Company\n \n \") (TSXV: NFG) (OTC: NFGFF) announces it has granted incentive stock options to certain directors, officers, employees, and consultants of the Company to acquire an aggregate of 1,369,000 common shares in the capital of the Company at an exercise price of\n \n $6.79\n \n (the \"\n \n Options\n \n \") in accordance with the Company's 10% rolling incentive stock option plan. The Options are exercisable for a five-year term expiring\n \n April 29\n \n , 2026.  As a result of this stock option grant, the Company has 15,216,500 stock options issued, representing 10% of its issued and outstanding share capital.\n \n \n \n \n \n \n \n \n \n \n Correction to the Company's\n \n April 27, 2021\n \n , News Release\n \n \n \n The Company would like to note an error in the highlight table in its\n \n April 27, 2021\n \n news release where the highlight interval for Hole NFGC-21-113 was incorrectly reported as 2.52 g/t Au over\n \n 2.55m\n \n . The correct highlight interval for hole NFGC-21-113 is 12.52 g/t Au over\n \n 2.55m\n \n . The NFGC-21-113 highlight interval was correctly reported in three other places in the\n \n April 27\n \n news release: 1) in the discussion bullet points underneath the highlight table, 2) as a label for this hole on the Keats long section (Figure 1), and 3) in Table 2 in the drillhole details section. A corrected copy of the release is now posted on the Company's web site.\n \n \n \n Qualified Person\n \n \n \n The technical content disclosed in this press release was reviewed and approved by\n \n Greg Matheson\n \n , P. Geo., Chief Operating Officer, and a Qualified Person as defined under National Instrument 43-101. Mr. Matheson consents to the publication of this news release dated\n \n Apr...