New Found Gold Announces Dr. Andrew Furey, Former Premier of Newfoundland and Labrador, Joining Board of Directors; Strengthens Management Team with the Appointment of New CFO and COO
New Found Gold (NYSE-A: NFGC) has announced significant leadership changes to strengthen its board and management team as it progresses toward becoming an emerging Canadian gold producer. The company has appointed Dr. Andrew Furey, former Premier of Newfoundland and Labrador, as an independent Director, bringing valuable governmental and policy expertise to the board.
Additionally, the company has named Hashim Ahmed as CFO, bringing 25 years of financial management experience, and promoted Robert Assabgui from Study Manager to COO, leveraging his extensive mining operations background. These appointments come as Vijay Mehta steps down from his Director role and Michael Kanevsky transitions out of his CFO position.
New Found Gold (NYSE-A: NFGC) ha annunciato importanti cambiamenti nella leadership per rafforzare il proprio consiglio di amministrazione e il team dirigenziale mentre avanza verso l'obiettivo di diventare un emergente produttore d'oro canadese. L'azienda ha nominato Dr. Andrew Furey, ex primo ministro di Terranova e Labrador, come consigliere indipendente, apportando preziose competenze governative e di policy al consiglio.
Inoltre, l'azienda ha designato Hashim Ahmed come CFO, con 25 anni di esperienza nella gestione finanziaria, e ha promosso Robert Assabgui da Study Manager a COO, sfruttando la sua vasta esperienza nelle operazioni minerarie. Queste nomine avvengono mentre Vijay Mehta lascia il ruolo di Consigliere e Michael Kanevsky esce dalla posizione di CFO.
New Found Gold (NYSE-A: NFGC) ha anunciado cambios importantes en su liderazgo para fortalecer su junta directiva y el equipo de gestión a medida que avanza hacia convertirse en un emergente productor de oro canadiense. La empresa ha designado al Dr. Andrew Furey, ex primer ministro de Terranova y Labrador, como Director Independiente, aportando valiosa experiencia gubernamental y en políticas a la junta.
Además, ha nombrado a Hashim Ahmed como CFO, con 25 años de experiencia en gestión financiera, y promovido a Robert Assabgui de Study Manager a COO, aprovechando su amplio historial en operaciones mineras. Estos nombramientos se producen mientras Vijay Mehta deja su puesto de Director y Michael Kanevsky sale de su cargo de CFO.
New Found Gold (NYSE-A: NFGC)은 캐나다의 신흥 금 생산업체로 성장하기 위한 이사회 및 경영진 강화 차원의 중대한 리더십 변화를 발표했습니다. 회사는 Dr. Andrew Furey 박사를 독립 이사로 임명하여 이사회에 중요한 정부 및 정책 전문 지식을 가져다줄 것입니다. 또한 Hashim Ahmed를 CFO로 임명하고 25년의 재무 관리 경험을 더하며, Robert Assabgui를 Study Manager에서 COO로 승진시켜 광산 운영 분야의 풍부한 경력을 활용합니다. 이들 임명은 Vijay Mehta가 이사회에서 물러나고 Michael Kanevsky가 CFO 직에서 물러나는 시점에 발표되었습니다.
New Found Gold (NYSE-A: NFGC) a annoncé des changements importants dans sa direction pour renforcer son conseil d'administration et son équipe de gestion alors qu'elle avance vers le statut de producteur d'or canadien émergent. La société a nommé le Dr Andrew Furey, ancien premier ministre de Terre-Neuve-et-Labrador, en tant qu'administrateur indépendant, apportant une expertise gouvernementale et en politique précieuse au conseil.
De plus, elle a désigné Hashim Ahmed comme CFO, avec 25 ans d'expérience en gestion financière, et a promu Robert Assabgui de Study Manager à COO, tirant parti de sa vaste expérience des opérations minières. Ces nominations interviennent alors que Vijay Mehta quitte son poste de directeur et que Michael Kanevsky se retire de son rôle de CFO.
New Found Gold (NYSE-A: NFGC) hat bedeutende Änderungen in der Führung angekündigt, um Vorstand und Management-Team zu stärken, während das Unternehmen weiter darauf hinarbeitet, ein aufstrebender kanadischer Goldproduzent zu werden. Das Unternehmen hat Dr. Andrew Furey, ehemaligen Premierminister von Newfoundland und Labrador, als unabhängigen Director ernannt und damit dem Vorstand wertvolle Regierungs- und Politik-Erfahrung hinzugefügt. Zudem wurde Hashim Ahmed zum CFO ernannt, der 25 Jahre Erfahrung im Finanzmanagement mitbringt, und Robert Assabgui vom Study Manager zum COO befördert, um seine umfassende Bergbau-Betriebs-Erfahrung zu nutzen. Diese Ernennungen erfolgen, während Vijay Mehta von seinem Direktorenamt zurücktritt und Michael Kanevsky aus dem CFO-Posten ausscheidet.
أعلنت شركة نيو فاونّد جولد (NYSE-A: NFGC) عن تغييرات كبيرة في القيادة لتعزيز مجلس الإدارة وفريق الإدارة بينما تتقدم نحو أن تصبح منتجًا ذهبياً كنديًا ناشئًا. عيّنت الشركة الدكتور Andrew Furey، رئيس وزراء نيوفاوندلاند ولابرادور سابقاً، كعضو مجلس مستقل، مما يجلب خبرة حكومية وسياسات قيمة إلى المجلس. كما عيّنت Hashim Ahmed كمدير مالي، مع 25 عاماً من الخبرة في الإدارة المالية، وترقى Robert Assabgui من مدير دراسة إلى رئيس العمليات (COO)، مستفيدين من خلفيته الواسعة في عمليات التعدين. تأتي هذه التعيينات فيما يتخلى فيجاي ميتا عن دورـه كعضو مجلس الإدارة ويتنحى مايكل كانيفسكي عن منصب CFO.
New Found Gold（NYSE-A: NFGC）宣布进行重要的领导层变动，以加强董事会和管理团队，在成为加拿大新兴金矿企业的进程中迈出步伐。公司任命 Andrew Furey 博士——曾任纽芬兰与拉布拉多省省长——为独立董事，为董事会带来宝贵的政府与政策专长。此外，公司任命 Hashim Ahmed 为首席财务官，具备25年的财务管理经验，并将 Robert Assabgui 从 Study Manager 提升为 COO，利用他在矿业运营方面的丰富经验。这些任命之际，Vijay Mehta 将辞去董事职务，Michael Kanevsky 亦将离任 CFO。
- Appointment of former Premier Dr. Andrew Furey brings significant political and economic expertise
- New CFO Hashim Ahmed brings 25 years of financial management and mining industry experience
- Promotion of Robert Assabgui to COO adds valuable mining operations and project management expertise
- Strategic leadership changes align with company's evolution toward becoming a gold producer
- Loss of existing board member Vijay Mehta and CFO Michael Kanevsky creates potential transition risks
Paul Andre Huet, Chairman, commented "It is with great pleasure I welcome Dr. Furey to the Board of Directors, Hashim Ahmed to the position of CFO and Robert Assabgui to the position of COO. As past Premier of NL, Dr. Furey brings a tremendous depth of knowledge and experience to the Company at a pivotal time, as we advance our path to production. I am pleased to welcome Mr. Ahmed to the Company and Mr. Assabgui to his new role as COO, both of whom bring a wealth of experience to complement our new board and management team and contribute to New Found Gold as it evolves into an emerging Canadian gold producer."
"On behalf of the Board of Directors and New Found Gold's senior leadership team, I would also like to thank Vijay Mehta and Michael Kanevsky for their hard work and dedication to the Company over the past several years."
Dr. Andrew Furey, MD, FRCSC, MSc., MSM. – Independent Director
Dr. Furey is the former Premier of NL and an accomplished executive, physician, humanitarian, and published author. In his time as Premier of NL, Dr. Furey was responsible for leading generational initiatives related to the
Mr. Hashim Ahmed, CPA – Chief Financial Officer
Mr. Ahmed has a proven history of success with 25 years of experience in financial management, corporate strategy, organizational restructuring, and capital markets.
Mr. Ahmed has held a number of finance and executive roles within the mining industry, with his most recent position being Executive Vice President & CFO at Mandalay Resources Corp. prior to its acquisition by Alkane Resources Ltd. Previously, he was CFO of Nova Royalty Corp. and Jaguar Mining Inc. and worked at Barrick Gold Corp. for seven years, where he held progressively senior positions in various finance functions in the Canadian office, as well as with site finance teams in
Robert Assabgui, P Eng. – Chief Operating Officer
Mr. Assabgui is an accomplished senior operations executive and manager with expertise in project management and engineering within the mining industry, who joined New Found Gold as Study Manager in early 2025. He has worked in a variety of roles in engineering, operations, project delivery and executive management. Mr. Assabgui began his career at Inco Ltd. (subsequently Vale Canada Ltd.) and progressed to the role of Director of Mines, accountable for six mines, the concentrator and the mines technical services department. In 2017, he joined Hudbay Minerals Inc. as Vice President of Technical Services, and subsequently Vice President of the Manitoba Business Unit. Mr. Assabgui successfully positioned the business unit to transition the
Qualified Person
Melissa Render, P.Geo., President of New Found Gold, a Qualified Person, as defined in National Instrument 43-101, has approved the scientific and technical information related to New Found Gold contained in this news release.
About New Found Gold Corp.
New Found Gold is a well-financed emerging Canadian gold producer that holds a
On September 5, 2025 the Company announced it had entered into a definitive agreement with Maritime Resources Corp. to acquire all of the issued and outstanding shares that it does not already own (see news release dated September 5, 2025). On September 8, 2025, the Company announced it had entered into a Property Purchase Agreement with Exploits Discovery Corp. that would provide New Found Gold with a
New Found Gold has a new management team in place, a solid shareholder base, which includes an approximately
Keith Boyle, P.Eng.
Chief Executive Officer
New Found Gold Corp.
Contact
For further information on New Found Gold, please visit the Company's website at www.newfoundgold.ca, contact us through our investor inquiry form at https://newfoundgold.ca/contact/
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Forward-Looking Statement Cautions:
This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, relating to the Board of Directors and management changes; the merits of the Company; the Company's plans and objectives; the transactions with Maritime Resources Corp. and Exploits Discovery Corp. (the "Transactions") and the merits and advantages of such Transactions; future exploration and development plans and the focus and timing of same; and the merits and potential of Queensway. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "interpreted", "intends", "estimates", "projects", "aims", "suggests", "indicate", "often", "target", "future", "likely", "pending", "potential", "encouraging", "goal", "objective", "prospective", "possibly", "preliminary", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSXV, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated with obtaining the required approvals for the Transactions, satisfying the other conditions to the Transactions, possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results and the results of the metallurgical testing program, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration and development plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's Annual Information Form and Management's discussion and Analysis, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential effects.
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SOURCE New Found Gold Corp.
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