09:44 AM EST - New Found Gold Corp. : Provided an update on its weighting in the VanEck Junior Gold Miners ETF. The Company’s 100%-owned Queensway project comprises a 1,662km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. Highlights: Index weighting of New Found in the GDXJ is anticipated to increase from 0.32% to 0.42% following a rebalancing on March 17.. In order to reflect the ~10bps weighting increase in New Found, the GDXJ, which has an AUM of ~US$3.8bln, is expected to purchase additional shares of New Found. New Found Gold Corp.
shares V.NFG are trading up $0.13 at $5.78.
