[SCHEDULE 13G/A] New Found Gold Corp. SEC Filing

Rhea-AI Filing Summary

Palisades Goldcorp Ltd. filed a Schedule 13G/A disclosing beneficial ownership of 33,500,076 New Found Gold Corp. common shares, representing 13.7% of the class. The filer reports sole voting and sole dispositive power over the same number of shares, with no shared power.

The percentage is calculated based on 245,126,725 shares outstanding as of November 6, 2025, as referenced from the issuer’s public filing. The date of event requiring this statement is September 30, 2025. A Schedule 13G indicates a passive ownership report under SEC rules.

Insights

Equity ownership & disclosure analyst

Palisades reports a passive 13.7% stake with sole voting and dispositive power.

Palisades Goldcorp reports beneficial ownership of 33,500,076 common shares of New Found Gold, equal to 13.7% of the class. The stake is reported on a Schedule 13G/A, which is generally used for passive ownership disclosures.

The filing notes sole voting and dispositive power over all reported shares, with no shared power. The ownership percentage is based on 245,126,725 shares outstanding as of November 6, 2025.

Actual market impact depends on holder actions and liquidity; the document does not outline transactions or plans. The report’s event date is September 30, 2025.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

New Found Gold Corp.

(Name of Issuer)

Common Shares, no par value

(Title of Class of Securities)

64440N103

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 64440N103

1

Names of Reporting Persons

Palisades Goldcorp Ltd.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

BRITISH COLUMBIA, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 33,500,076.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 33,500,076.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

33,500,076.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

13.7 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: Row 11: Based on 245,126,725 Shares outstanding as of November 6, 2025 (as reported in Exhibit 99.2 to the Issuer's Form 6-K filed with the Securities and Exchange Commission on November 7, 2025).

SCHEDULE 13G

Item 1.
(a)	Name of issuer: New Found Gold Corp.
(b)	Address of issuer's principal executive offices: 1133 Melville Street, Suite 3500, The Stack, Vancouver, British Columbia, Canada, V6E 4E5
Item 2.
(a)	Name of person filing: Palisades Goldcorp Ltd.
(b)	Address or principal business office or, if none, residence: 221 - 998 Harbourside Drive, North Vancouver, British Columbia, Canada, V7P 3T2
(c)	Citizenship: British Columbia, Canada
(d)	Title of class of securities: Common Shares, no par value
(e)	CUSIP No.: 64440N103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 33,500,076.00
(b)	Percent of class: 13.7 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 33,500,076.00
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 33,500,076.00
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Palisades Goldcorp Ltd.

Signature:	/s/ Jeff Stieber
Name/Title:	Chief Financial Officer
Date:	11/07/2025

FAQ

What stake in NFGC does Palisades Goldcorp report?

Palisades reports beneficial ownership of 33,500,076 New Found Gold common shares, equal to 13.7% of the class.

How was the 13.7% ownership of NFGC calculated?

The percentage is based on 245,126,725 shares outstanding as of November 6, 2025, referenced from the issuer’s public filing.

Does Palisades have sole or shared voting power over NFGC shares?

The filer reports sole voting power and sole dispositive power over 33,500,076 shares, with no shared power.

What is the date of event for this NFGC Schedule 13G/A?

The date of event requiring the statement is September 30, 2025.

What type of filing is this disclosure for NFGC?

This is a Schedule 13G/A, indicating a passive beneficial ownership report under SEC rules.

Who is the reporting person in this NFGC filing?

The reporting person is Palisades Goldcorp Ltd., organized in British Columbia, Canada.