NFGC

New Found Gold

Positive
Neutral
Negative
Sentiment 3-Months
Positive
Neutral 83.3%
Negative

Neutral
Newsfile Corp
14 hours ago
New Found Gold Closes Bought Deal Financing Including Full Exercise of Underwriters' Over-Allotment Option for Gross Proceeds of $115M
All amounts in Canadian dollars unless otherwise noted Vancouver, British Columbia--(Newsfile Corp. - April 27, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce that it has closed its previously announced "bought deal" public offering of 38,870,000 common shares of the Company (the "Common Shares") at a price of $2.96 per Common Share (the "Offering Price"), including the exercise, in full, of the Underwriters' (as defined below) over-allotment option (the "Over-Allotment Option") of 5,070,000 Common Shares at the Offering Price per Common Share, for aggregate gross proceeds of $115,055,200 (the "Offering"). The Offering was completed pursuant to an underwriting agreement, dated April 22, 2026, entered into among the Company and a syndicate of underwriters led by BMO Capital Markets and SCP Resource Finance LP and including Canaccord Genuity Corp., National Bank Financial Inc., Paradigm Capital Inc., Roth Canada, Inc., ATB Cormark Capital Markets, Beacon Securities Limited, CIBC Capital Markets, Desjardins Capital Markets and Stifel Canada (collectively, the "Underwriters").
New Found Gold Closes Bought Deal Financing Including Full Exercise of Underwriters' Over-Allotment Option for Gross Proceeds of $115M
Neutral
Newsfile Corp
5 days ago
New Found Gold Continues to Expand Dropkick Zone, Queensway Gold Project
Vancouver, British Columbia--(Newsfile Corp. - April 22, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce final results from 2025 drilling at its Dropkick Zone ("Dropkick" or the "Zone"), confirming further expansion of the Zone on its 100%-owned Queensway Gold Project ("Queensway" or the "Project") in Newfoundland and Labrador, Canada. Dropkick highlights west of the Appleton Fault Zone ("AFZ") include: 24.8 g/t Au over 14.00 m from 324.00 m (NFGC-25-2686)1 13.4 g/t Au over 8.10 m from 368.15 m (NFGC-25-2673) 1.25 g/t Au over 10.60 m from 195.00 m (NFGC-25-2624) Dropkick highlights east of the AFZ include: 6.75 g/t Au over 18.35 m from 282.60 m (NFGC-25-2518) Melissa Render, President of New Found Gold, stated "These recent drill results continue to expand Dropkick both west and east of the AFZ, with the high-grade domain west of the AFZ demonstrating excellent continuity.
New Found Gold Continues to Expand Dropkick Zone, Queensway Gold Project
Neutral
GlobeNewsWire
7 days ago
New Found Gold Announces $205M Finance Package
$100M bought deal financing with lead orders from EdgePoint and cornerstone investor Eric Sprott$105M Senior Secured Credit Facility with EdgePoint
New Found Gold Announces $205M Finance Package
Neutral
Newsfile Corp
18 days ago
Mexican Gold Mining Corp. and Alcon Silver Corp. Announce Arrangement Agreement to Create a Diversified Precious Metals Exploration Company
Vancouver, British Columbia--(Newsfile Corp. - April 9, 2026) - Mexican Gold Mining Corp. (TSXV: MEX) ("Mexican Gold" or the "Purchaser") and Alcon Silver Corp. ("Alcon" or the "Company") are pleased to announce that they have entered into an arrangement agreement (the "Arrangement Agreement") dated April 8, 2026, pursuant to which Mexican Gold will acquire all of the issued and outstanding common shares of Alcon (the "Company Shares") in exchange for newly issued common shares in the capital of Mexican Gold (the "Consideration Shares") by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement"). Under the terms of the Arrangement Agreement, Alcon shareholders will receive one post-consolidated share of Mexican Gold (see below for details regarding the proposed consolidation) for each Company Share held such that, following the effective time of the Arrangement (the "Effective Time"), the former Alcon shareholders will hold approximately 61% of the issued and outstanding common shares of Mexican Gold (the "Purchaser Shares") on a non-diluted basis.
Mexican Gold Mining Corp. and Alcon Silver Corp. Announce Arrangement Agreement to Create a Diversified Precious Metals Exploration Company
Neutral
Newsfile Corp
1 month ago
New Found Gold Files 2025 Year End Disclosure Documents
Vancouver, British Columbia--(Newsfile Corp. - March 25, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") announces that it has filed its annual financial statements for the year ended December 31, 2025, the related Management's Discussion and Analysis, and its Annual Information Form for the year ended December 31, 2025 (together, the "2025 Annual Documents"), with Canadian securities regulators and the annual report on Form 40-F (the "Form 40-F"), which includes the 2025 Annual Documents as appendices, with the U.S. Securities and Exchange Commission (the "SEC"). The 2025 Annual Documents are available under the Company's profile on SEDAR+ at www.sedarplus.ca and the Form 40-F is available under the EDGAR system of the SEC (www.sec.gov).
New Found Gold Files 2025 Year End Disclosure Documents
Neutral
Newsfile Corp
1 month ago
New Found Gold Files Hammerdown Gold Project NI 43-101 Technical Report
Vancouver, British Columbia--(Newsfile Corp. - March 17, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce that, further to its press release dated February 26, 2026, the Company has filed a technical report for its 100% owned Hammerdown Gold Project ("Hammerdown"), titled: "New Found Gold Corp. Hammerdown Gold Project Preliminary Economic Assessment, Newfoundland and Labrador, Canada", with an effective date of February 18, 2026 (the "Technical Report"). The Technical Report has been filed in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").
New Found Gold Files Hammerdown Gold Project NI 43-101 Technical Report
Neutral
Newsfile Corp
1 month ago
New Found Gold Announces US$75 Million Term Sheet to Advance Queensway Development
Toronto, Ontario--(Newsfile Corp. - March 5, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce that it has entered into a non-binding term sheet for an up to US$75,000,000 loan facility (the "Loan Facility"). The proceeds from the Loan Facility will be used as financing for the development of the Company's 100% owned Queensway Gold Project ("Queensway" or the "Project") in Newfoundland and Labrador, Canada, including the procurement of long lead items, early construction activities, upgrading and expanding the Company's 100% owned Pine Cove Mill to accommodate Queensway Phase 1 off-site milling, and general working capital purposes.
New Found Gold Announces US$75 Million Term Sheet to Advance Queensway Development
Positive
Seeking Alpha
1 month ago
New Found Gold: A Maverick With A Veteran In The Driver's Seat - Moderate Risks, Higher Reward
New Found Gold Corp. is transitioning from explorer to producer, leveraging strategic acquisitions and a hub-and-spoke model to fast-track Queensway's development. NFGC's Queensway project boasts 2 million ounces of high-grade gold, with a low AISC of $1,256/oz and significant cash flow potential if permitting succeeds. A current P/NAV of 0.37 reflects a 30% discount to peers, but permitting delays or operational hiccups could trigger a 50% downside toward exploration-stage multiples.
New Found Gold: A Maverick With A Veteran In The Driver's Seat - Moderate Risks, Higher Reward
Positive
Seeking Alpha
1 month ago
New Found Gold: Why This $1B Gold Developer Could Be Worth 3x More
New Found Gold has transformed from explorer to emerging Canadian gold producer, driven by the Queensway project and Maritime Resources acquisition. Queensway's PEA shows robust economics: C$743M after-tax NPV (5% DR) at US$2,500/oz gold, with significant leverage to spot prices above US$5,000/oz. The Maritime deal delivers near-term cash flow from Hammerdown and enables capital-efficient toll milling, reducing Phase 1 capex to C$155M.
New Found Gold: Why This $1B Gold Developer Could Be Worth 3x More
Neutral
Newsfile Corp
1 month ago
New Found Gold Grade Control Drilling Continues to Deliver At-Surface High Grade Gold over Broad Widths at Queensway:
71.8 g/t Au over 31.95 m and 76.6 g/t Au over 16.00 m at Iceberg 51.3 g/t Au over 3.40 m and 11.8 g/t Au over 9.95 m at Keats Vancouver, British Columbia--(Newsfile Corp. - March 1, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce the final results of the Company's 2025 grade control drill program on its 100%-owned Queensway Gold Project ("Queensway" or the "Project") in Newfoundland and Labrador, Canada, including results from the Keats zone ("Keats") and Iceberg zone ("Iceberg") excavations in the AFZ Core ("AFZC"), completed as part of the Company's 2025 drill program. Iceberg excavation highlights include: 71.8 g/t Au over 31.95 m from 37.80 m (NFGC-25-GC-069)[1] 76.6 g/t Au over 16.00 m from 51.45 m (NFGC-25-GC-055) 44.4 g/t Au over 21.55 m from 13.40 m (NFGC-25-GC-072) 35.4 g/t Au over 21.20 m from 34.95 m (NFGC-25-GC-061) 31.6 g/t Au over 18.65 m from 3.60 m (NFGC-25-GC-106) 40.6 g/t Au over 12.70 m from 40.35 m (NFGC-25-GC-118) 41.1 g/t Au over 11.40 m from 40.40 m (NFGC-25-GC-079) 55.4 g/t Au over 8.30 m from 21.75 m (NFGC-25-GC-107) 43.2 g/t Au over 19.85 m from 16.80 m (NFGC-25-GC-082)   Keats excavation highlights include: 51.3 g/t Au over 3.40 m from 54.60 m (NFGC-25-GC-115) 11.8 g/t Au over 9.95 m from 13.20 m (NFGC-25-GC-065) 9.73 g/t Au over 11.30 m from 9.75 m (NFGC-25-GC-063) 15.9 g/t Au over 5.85 m from 4.90 m (NFGC-25-GC-115) 40.3 g/t Au over 2.25 m from 23.95 m (NFGC-25-GC-068) 16.9 g/t Au over 3.90 m from 1.00 m (NFGC-25-GC-071)   Melissa Render, President of New Found Gold stated: "These final results from our highly successful 2025 grade control drill program at the Keats and Iceberg excavations continue to deliver consistently high gold grades over broad widths, returning some of the best intercepts we have drilled to date at Queensway.
New Found Gold Grade Control Drilling Continues to Deliver At-Surface High Grade Gold over Broad Widths at Queensway: