Sept 6 (Reuters) - Damara Gold Corp DMR.V :
* ANNOUNCES PROPOSED REVERSE TAKEOVER WITH NEW FOUND GOLD CORP.
* ENTERED INTO A BUSINESS COMBINATION AGREEMENT DATED SEPTEMBER 5, 2018 WITH NEW FOUND GOLD CORP
* DAMARA GOLD - WILL ACQUIRE ALL OF OUTSTANDING SHARES OF NEW FOUND GOLD IN EXCHANGE FOR COMMON SHARES IN CAPITAL OF DAMARA