STOCK TITAN

New Found Gold Corp. (NFGC) grants 1.5M options plus RSUs and DSUs

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

New Found Gold Corp. reported grants of equity-based compensation to its officers and directors. Certain officers and employees received incentive stock options to acquire 1,499,543 common shares at an exercise price of $2.37 per share under the company’s 10% rolling stock option plan. These options are exercisable for 5 years, expiring on August 14, 2031, and are subject to vesting provisions.

The company also granted 782,680 restricted share units (RSUs) and 128,454 deferred share units (DSUs) under its 5% rolling share unit plan. One-third of the RSUs vest one year from grant, with an additional third vesting each following year until fully vested, while the DSUs fully vest one year after grant and are redeemed after the participant’s termination date. New Found Gold describes itself as an emerging Canadian gold producer focused on bringing the Hammerdown deposit into commercial production in H2/26 and advancing its Queensway Gold Project, which covers more than 110 km of strike length, and notes prior conditional approval to graduate to the Toronto Stock Exchange.

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Filing Explained

New Found Gold’s August 14 filing reports awards—not common shares issued: options were granted with future exercise rights, while RSUs and DSUs remain subject to vesting and redemption terms, so the disclosure does not establish current share delivery.

Stock options granted 1,499,543 common shares Aggregate options granted to certain officers and employees at $2.37 exercise price
Option exercise price $2.37 per share Exercise price for newly granted incentive stock options
Option term 5 years, expiring August 14, 2031 Exercisable period for the granted stock options
RSUs granted 782,680 RSUs Restricted share units granted under 5% rolling share unit plan
DSUs granted 128,454 DSUs Deferred share units granted to certain officers and directors
Queensway strike length more than 110 km District-scale land package at Queensway across two fault zones
Hammerdown production target H2/26 Company focus on bringing Hammerdown deposit into commercial production
incentive stock options financial
"Certain officers and employees of New Found Gold were issued incentive stock options"
Incentive stock options are a type of employee stock option that gives eligible workers the right to buy company shares at a fixed price later on, often below future market value. They matter to investors because they align employee incentives with company performance, can dilute existing ownership when exercised, and create potential tax advantages for option holders if certain holding-time rules are met — think of them as a coupon to buy stock at today’s price with extra tax rules attached.
restricted share units financial
"The Company also granted 782,680 RSUs and 128,454 DSUs to certain officers"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
deferred share units financial
"The Company also granted 782,680 RSUs and 128,454 DSUs to certain officers"
Deferred share units are promises that give an executive or director the right to receive company shares or their cash value at a future date, often when they retire or leave the company. Think of them as a paycheck held in a savings account that converts into stock later; they matter to investors because they tie pay to long-term performance, create potential future dilution of shares, and represent a delayed cash or share obligation the company must eventually fulfill.
10% rolling financial
"at an exercise price of $2.37 in accordance with the Company's "10% rolling""
NI 43-101 technical
"a Qualified Person as defined under NI 43-101"
A Canadian regulatory standard that sets the rules for how mining and exploration companies must report mineral resources and reserves, requiring technical reports prepared or signed off by an independent, certified expert. It matters to investors because it creates a consistent, transparent “inspection report” for mining projects, making it easier to compare prospects, judge the reliability of claims, and assess geological and financial risk before investing.
forward-looking statements regulatory
"This press release contains certain "forward-looking statements" within the meaning"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

What equity incentives did New Found Gold Corp. (NFGC) grant in August 2026?

New Found Gold granted 1,499,543 stock options, 782,680 RSUs, and 128,454 DSUs to officers and directors, with specified vesting schedules and a $2.37 option exercise price and five-year option term.

What are the terms of the new stock options granted by New Found Gold (NFGC)?

The options allow holders to acquire 1,499,543 common shares at $2.37 per share. They are issued under the 10% rolling plan, have a 5-year term expiring August 14, 2031, and are subject to vesting provisions.

How do RSUs and DSUs granted by New Found Gold (NFGC) vest?

Of the 782,680 RSUs, one-third vest one year from grant and one-third each year thereafter. The 128,454 DSUs fully vest one year after grant and are redeemed following the participant’s termination, under the Share Unit Plan terms.

What projects is New Found Gold Corp. (NFGC) focusing on?

New Found Gold is focused on bringing the Hammerdown deposit into commercial gold production in H2/26 and advancing its Queensway Gold Project in Newfoundland & Labrador toward Phase I production.

How large is New Found Gold’s Queensway land package?

The Queensway Gold Project land package covers more than 110 km of strike length across two highly prospective fault zones, providing district-scale exploration potential according to the company’s description.

What exchange listing plans does New Found Gold Corp. (NFGC) reference?

New Found Gold references having received conditional approval on June 29, 2026 to graduate to the Toronto Stock Exchange, with the symbol “NFGC” reserved to match its NYSE American symbol.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934

For the month of August 2026

Commission File Number: 001-39966

New Found Gold Corp.

(Exact name of registrant as specified in its charter)

 

1133 Melville Street, Suite 3500, The Stack

Vancouver, British Columbia
V6E 4E5 Canada

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or 40-F:

Form 20-F ☐    Form 40-F ☒


SUBMITTED HEREWITH

Exhibit   Description
   
99.1   News Release dated August 14, 2026


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf by the undersigned, thereunto duly authorized.

  NEW FOUND GOLD CORP.
  (Registrant)
     
Date: August 14, 2026 By: /s/ Keith Boyle
    Keith Boyle
    Chief Executive Officer



New Found Gold Grants Stock Options and Restricted and Deferred Share Units

VANCOUVER, British Columbia - August 14, 2026 - New Found Gold Corp. ("New Found Gold" or the "Company") (TSXV: NFG | NYSE American: NFGC) announces that the Company has granted incentive stock options, restricted share units ("RSUs") and deferred share units ("DSUs") of the Company as outlined below.

Certain officers and employees of New Found Gold were issued incentive stock options to acquire an aggregate of 1,499,543 common shares in the capital of the Company at an exercise price of $2.37 (the "Options") in accordance with the Company's "10% rolling" incentive stock option plan. The Options are exercisable for a 5-year term expiring August 14, 2031 and are subject to vesting provisions.

The Company also granted 782,680 RSUs and 128,454 DSUs to certain officers and directors of the Company in accordance with the "5% rolling" share unit plan of the Company (the "Share Unit Plan"), with 1/3 of the RSUs vesting one year from the date of grant, and 1/3 vesting  every year thereafter until fully vested, and the DSUs fully vesting on the date that is one year following the date of grant, and being redeemed after the participant's termination date pursuant to the terms of the Share Unit Plan.

About New Found Gold Corp.

New Found Gold is an emerging Canadian gold producer with assets in Newfoundland & Labrador, Canada. The Company holds a 100% interest in its fully funded flagship asset, the Queensway Gold Project ("Queensway"), as well as the Hammerdown Gold Project, which includes the Hammerdown deposit and the Pine Cove Mill. New Found Gold is focused on bringing the Hammerdown deposit into commercial gold production in H2/26 while advancing Queensway toward Phase I production.

The Company's portfolio is further strengthened by its district-scale land package at Queensway, covering more than 110 km of strike length across two highly prospective fault zones, and a strong shareholder base, including renowned mining investor and cornerstone shareholder, Eric Sprott.

On June 29, 2026, the Company announced it had received conditional approval to graduate to the Toronto Stock Exchange. The stock symbol "NFGC" has been reserved for use by the Company upon listing on the TSX, to align with its stock symbol on the NYSE American LLC.

Keith Boyle, P.Eng.

Chief Executive Officer

New Found Gold Corp.

Contact

For further information on New Found Gold contact us through our investor inquiry form at https://newfoundgold.ca/contact/contact-us/ or contact:

Fiona Childe, Ph.D., P.Geo.

Vice President, Communications and Corporate Development

Phone: +1 (416) 775-2700

Email: contact@newfoundgold.ca

Follow us on social media at https://www.linkedin.com/company/newfound-gold-corp and https://x.com/newfoundgold.


Qualified Person

The scientific and technical information disclosed in this press release was reviewed and approved by Keith Boyle, P.Eng., CEO, and a Qualified Person as defined under NI 43-101. Mr. Boyle consents to the publication of this press release by New Found Gold. Mr. Boyle certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for this press release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This press release contains certain "forward-looking statements" within the meaning of Canadian and United States securities legislation, including statements regarding the expiry and vesting of Options, vesting of RSUs, and vesting and redemption of DSUs; the Company's focus on bringing the Hammerdown deposit into commercial gold production in H2/26 while advancing Queensway toward Phase I production; statements regarding the district-scale potential that covers more than 110 km of strike length across two highly prospective fault zones at Queensway; and the conditional approval to list on the TSX. 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 TSX Venture Exchange and NYSE American, 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 the Company's ability to complete exploration and drilling programs as expected, 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 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 and on the website of the United States Securities and Exchange Commission at www.sec.gov for a more complete discussion of such risk factors and their potential effects.


Filing Exhibits & Attachments

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