Newfoundland Discovery Grants Stock Options
Newfoundland Discovery Grants Stock Options
Toronto, ON, March 1st, 2023 – NEWFOUNDLAND DISCOVERY CORP. (CSE: NEWD, OTC: NEWDF,
FSE: M4K -FF) (“Newfoundland Discovery” or the “Company”) announces that it has granted an
aggregate 4,150,000 incentive stock options (“the Options”) to members of its Board, management
team and consultants of the Company. The Options are exercisable at a price $0.0 7 per share for a
period of three (3) years. The Options have been granted under and are governed by the terms of the
Company's incentive stock option plan.
About Newfoundland Discovery Corp.
Newfoundland Discovery is a Canadian junior mining exploration company focused on exploration
and development along the Detour Gold trend in Quebec and the Central Gold Belt in Newfoundland
and Labrador. The Company is one of the largest mineral claim holders in the Detour trend and
retains significant landholdings in Newfoundland. The Company also holds an earn -in option
agreement into the JMW and Maxwell projects in Chapais-Chibougamau area of Quebec.
On Behalf of the Board of Directors,
NEWFOUNDLAND DISCOVERY CORP.
“Jeremy Prinsen”
President, CEO & Director
Investor Relations
Phone: +1 (236) 513-4653
Email: [email protected]
Website: www.newfoundlanddiscovery.ca
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts
responsibility for the adequacy or accuracy of this release.
Forward-Looking Statement
This news release may contain certain “forward -looking statements”. Forward -looking statements involve known and
unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance, or
achievements of the Company to be materially different from any future results, performance or achievements expressed
or implied by the forward-looking stateme nts. Any forward -looking statement speaks only as of the date of this news
release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to
update any forward-looking statement, whether as a result of new information, future events or results or otherwise.