Welcome to our dedicated page for New Found Gold SEC filings (Ticker: NFGC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
New Found Gold Corp. SEC filings document the company's Canadian gold project portfolio, foreign-issuer reporting and capital-structure activity. Form 6-K reports include Queensway drilling updates, Hammerdown technical-report disclosures, material change reports, financing agreements, underwriting agreements, prospectus-related exhibits and annual meeting notices.
The company's formal records also include Form 40-F annual reporting that incorporates financial statements, MD&A and the Annual Information Form. Registration-statement exhibits and related consents support securities offerings, while business acquisition reporting documents the completed Maritime Resources transaction and the addition of Hammerdown-related mineral and processing assets. The filings describe governance procedures, common-share details, project risks, financing terms and regulatory disclosure for Queensway and Hammerdown.
New Found Gold Corp. outlines a fully funded $44M 2026 work program at its 100%-owned Queensway Gold Project in Newfoundland and Labrador. The Program includes 90,000 metres of diamond drilling using six rigs, plus extensive surface exploration across the 220,000-hectare land package.
About 45% of drilling targets discovery and resource growth at AFZ Core, the Dropkick Zone and regional prospects such as Pauls Pond, Greenwood and Gazeebow South. The remaining 55% focuses on resource conversion, grade control, and geotechnical and hydrogeological drilling to support mine planning under the Queensway PEA.
To date, 32,000 metres of the 90,000-metre Program have been completed, primarily infill drilling within the AFZ Core to advance development objectives. The Company continues to advance Queensway toward first ore processed in late 2027, while remaining results from the 2025 drill program and channel sampling are still to be reported.
New Found Gold Corp. has received an initial $70,000,000 draw under its previously announced $105,000,000 senior secured credit facility with EdgePoint Investment Group. Together with a recent oversubscribed bought deal that raised $115,000,000, management states the company is now fully funded to complete Phase 1 development and construction at the Queensway Gold Project and bring it into production in late 2027, while advancing the Hammerdown Gold Project toward commercial production.
As part of Tranche 1, New Found Gold issued 2,489,818 non-transferable warrants to EdgePoint and its nominees, valued at US$6,000,000, each exercisable at $3.30 per share until May 15, 2029, subject to a statutory hold period expiring September 16, 2026. A discretionary Tranche 2 of $35,000,000 may follow, with additional warrants valued at US$3,000,000, subject to further conditions and exchange approvals.
The company also notes that its audit report for the year ended December 31, 2025 included a going concern qualification, highlighting substantial doubt about its ability to continue as a going concern, a disclosure repeated here to satisfy NYSE American requirements.
New Found Gold Corp. calls an annual general meeting for June 25, 2026 in Toronto to vote on key governance and compensation items. Shareholders will elect six directors, reappoint KPMG LLP as auditor, and consider ratifying a rolling stock option plan and a share unit plan.
The option plan allows equity awards up to 10% of issued shares when combined with the share unit plan, which on its own is capped at 5%. The record date is May 6, 2026, with 384,082,549 common shares outstanding. Eric Sprott beneficially owns 72,065,265 shares, or 18.7% of the company.
Palisades Goldcorp Ltd. amended a Schedule 13G to report beneficial ownership of 26,750,000 common shares of New Found Gold Corp. The filing shows this equals 7.8% of the class based on 345,212,549 shares outstanding as of March 31, 2026. The amendment is signed by Palisades' CFO on May 15, 2026.
New Found Gold Corp. has filed its first quarter 2026 financial statements and related Management's Discussion and Analysis with Canadian securities regulators and the U.S. SEC. These Q1 documents are available on SEDAR+, the SEC’s EDGAR system, and the company’s website.
The company describes itself as an emerging Canadian gold producer focused on the Queensway and Hammerdown projects in Newfoundland and Labrador. It holds a 100% interest in both projects and completed a preliminary economic assessment at Queensway in July 2025. Recent drilling is said to support district-scale potential along more than 110 km of strike, and management emphasizes a strategy centered on advancing Queensway and bringing Hammerdown into commercial production, while cautioning that forward-looking statements involve significant exploration, permitting, funding, and regulatory risks.
New Found Gold Corp. reported its first full quarter as a multi-asset gold producer for the three months ended March 31, 2026. The company generated revenue of $9.9 million, all from Canadian gold and silver sales, but recorded a net loss of $19.1 million or $0.08 per share as exploration, development and corporate costs outweighed early production margins.
Cash and cash equivalents declined from $58.8 million to $37.9 million, driven by negative operating cash flow of $18.6 million and $6.2 million of investing outflows, partly offset by equity exercises and a government contribution. The balance sheet showed total assets of $521.2 million and shareholders’ equity of $405.5 million, with a working capital surplus of $40.0 million.
Management highlights material uncertainties that cast substantial doubt on the company’s ability to continue as a going concern, given ongoing losses and funding needs to ramp up the Hammerdown Gold Project and build Queensway. After quarter-end, New Found Gold completed a $220.1 million finance package, including a bought-deal equity raise and a senior secured credit facility, intended to support Hammerdown ramp-up, Queensway Phase I development and general liquidity while it advances key technical, permitting and drilling milestones.
New Found Gold Corp. has entered into a senior secured credit agreement with EdgePoint Investment Group Inc. providing a maximum aggregate credit facility of Cdn.$105,000,000. The facility is split into a Tranche 1 funded amount of Cdn.$70,000,000 and a Tranche 2 funded amount of Cdn.$35,000,000, each subject to an original issue discount.
The credit facility has a three-year maturity from the Tranche 1 drawdown date and is guaranteed by Maritime Resources Corp. and 2823988 Ontario Corp. Proceeds may be used for general corporate and working capital needs, including bridge financing for the Hammerdown and Queensway gold projects.
In connection with the facility, New Found Gold will issue Tranche 1 Warrants to acquire common shares equal to C$6,000,000 divided by a Cdn.$3.30 strike price, and additional Tranche 2 Warrants tied to C$3,000,000 at a strike priced at a 25% premium to the TSXV-defined Market Price on the Tranche 2 drawdown date.
New Found Gold Corp. reports extensive 2025 drilling results from its 100%-owned Queensway Gold Project in Newfoundland, confirming continuity of gold mineralization in the AFZ Core at the Keats West, Iceberg and Keats zones.
Highlights include 9.51 g/t Au over 19.85 m at Keats West, 8.40 g/t Au over 12.45 m at Iceberg, and 36.1 g/t Au over 2.00 m at Keats. In total, 22,796 m were drilled in 201 diamond drill holes for infill, below-pit and pre-development work, supporting Phase 1 open-pit designs and identifying new high-grade mineralization below planned Phase 2 pits. A 74,377 m 2025 program underpins ongoing resource updates, with a multi-rig 2026 program focused on resource conversion, grade control and AFZ Core expansion, and an updated Queensway Technical Report planned in H2 2026.
New Found Gold Corp. has closed a bought deal public offering of 38,870,000 common shares at $2.96 per share, raising gross proceeds of $115,055,200. The underwriters fully exercised their 5,070,000-share over-allotment option.
After paying a total cash fee of $5,160,441 to the underwriting syndicate, the company plans to use the net proceeds to advance its 100% owned Queensway Gold Project and for general corporate and working capital purposes. Cornerstone investor Eric Sprott participated and maintained his approximate 19% shareholding, and certain directors and officers also took part under related party transaction exemptions. The financing remains subject to final TSX Venture Exchange approval.
New Found Gold Corp. has entered an underwriting agreement to sell 33,800,000 common shares at an offering price of $2.96 per share, for aggregate gross proceeds of $100,048,000. The company also granted underwriters a 30‑day over‑allotment option for up to 5,070,000 additional shares at the same price, which could add $15,007,200 in gross proceeds if fully exercised.
The shares are being issued under a Canadian short form base shelf prospectus and a Form F‑10 registration statement in the United States. Multiple independent Qualified Persons provided NI 43‑101 consents for technical reports on the Queensway and Hammerdown gold projects, allowing this scientific and technical information to be included by reference in the prospectus.