Exploits Discovery Corp (OTCMKTS:NFLDF) Stock Continues to Trend Lower: Down 25% In a Month

Shares of Bluesky Digital Assets Corp (OTCMKTS:NFLDF) continued to trend lower on Friday, extending its monthly fall to 25%.

Trading Data

On Friday, NFLDF stock  moved down 4.89% to $0.39 with more than 123k, compared to its average volume of 138k million shares. The stock has moved within a range of $0.3878 – 0.4210 after opening trade at $0.4210.

Exploits Discovery Hires Newfoundland and Labrador Firm Pilot and Reports Results of 2021 AGM

Canadian mineral exploration company focusing on development and acquisition projects in Newfoundland, Canada, Exploits Discovery Corp (OTCMKTS:NFLDF) on December 10, 2021, announced the hiring of St.John’s based full-service marketing and communications agency, Pilot Communications, and also the results of the Annual General Meeting which concluded on November 29, 2021, in Vancouver, Canada.

President and CEO Jeff Swinoga said that it is imperative to engage locally to guide the firm in building strategic relationships as well as target gold discoveries in the large land package in Newfoundland and Labrador. Swinoga said that this is a part of its holistic ESG communication program and it is delighted with the robust shareholder support.

At AGM, all directors were re-elected and shareholders consented to all resolutions given in the management circular. Furthermore, AGM witnessed about 30,766,452 common shares being voted at the event, demonstrating about 29.7% of outstanding and issued shares of the firm.

Exploits Discovery holds Jonathan’s Pond, Mt. Peyton, Dog Bay, True Grit, Middle Ridge, Great Bend, and Gazeebow projects covering about 2,000 square kilometers of mineral tenements. Additionally, the PB Hill projects syndicate covers an extra of 2,000 square kilometers.

The firm opines that Exploits Subzone Gold Belt has not been explored fully since the last major exploration campaigns in the 1980s. In the last four decades, there has been advancement in the understanding of gold mineralization in the camp.

Technical Data

NFLDF stock is below the 20-Day and 50-Day Moving averages of $0.45 and $0.48 respectively. Moreover, the stock is trading below the 50-Day moving average of $0.63. The stock is down 23% in the past month.