NEW FOUND APPOINTS PAUL HUET AS INDEPENDENT CHAIRMAN AND WELCOMES NEW BOARD MEMBERS
New Found Gold Corp (TSXV: NFG) (NYSE-A: NFGC) has announced significant board changes, appointing Paul Huet as Independent Chairman of the Board. The company also welcomed William Hayden and Melissa Render as new board members, with Render also being appointed as President. The new Board now consists of Paul Huet, Collin Kettell, Vijay Mehta, William Hayden, and Melissa Render.
Huet brings substantial mining executive experience, having previously led companies that were acquired for $1.3-billion (Karora) and $700-million (Klondex). The changes were approved at the Annual General Meeting on December 17, 2024, where shareholders also approved the appointment of KPMG LLP as auditor and the company's 10% 'rolling' stock option plan.
New Found Gold Corp (TSXV: NFG) (NYSE-A: NFGC) ha annunciato importanti cambiamenti nel consiglio di amministrazione, nominando Paul Huet come Presidente Indipendente del Consiglio. L'azienda ha anche accolto William Hayden e Melissa Render come nuovi membri del consiglio, con Render nominata anche Presidente. Il nuovo Consiglio è composto da Paul Huet, Collin Kettell, Vijay Mehta, William Hayden e Melissa Render.
Huet porta con sé una significativa esperienza esecutiva nel settore minerario, avendo precedentemente guidato aziende che sono state acquisite per $1,3 miliardi (Karora) e $700 milioni (Klondex). Le modifiche sono state approvate durante l'Assemblea Generale Annuale del 17 dicembre 2024, dove gli azionisti hanno anche approvato la nomina di KPMG LLP come revisore e il piano di opzioni azionarie 'rolling' del 10% dell'azienda.
New Found Gold Corp (TSXV: NFG) (NYSE-A: NFGC) ha anunciado cambios significativos en la junta directiva, nombrando a Paul Huet como Presidente Independiente de la Junta. La compañía también dio la bienvenida a William Hayden y Melissa Render como nuevos miembros de la junta, siendo Render también nombrada como Presidenta. La nueva Junta ahora está compuesta por Paul Huet, Collin Kettell, Vijay Mehta, William Hayden y Melissa Render.
Huet aporta una gran experiencia ejecutiva en minería, habiendo liderado anteriormente empresas que fueron adquiridas por $1.3 mil millones (Karora) y $700 millones (Klondex). Los cambios fueron aprobados en la Asamblea General Anual el 17 de diciembre de 2024, donde los accionistas también aprobaron la incorporación de KPMG LLP como auditor y el plan de opciones sobre acciones 'rolling' del 10% de la empresa.
New Found Gold Corp (TSXV: NFG) (NYSE-A: NFGC)가 중대한 이사회 변화를 발표하며 Paul Huet를 독립 이사회 의장으로 임명했습니다. 이 회사는 또한 William Hayden과 Melissa Render를 새로운 이사회 멤버로 환영했으며, Render는 회장직에도 임명되었습니다. 새로운 이사회는 Paul Huet, Collin Kettell, Vijay Mehta, William Hayden 및 Melissa Render로 구성됩니다.
Huet은 13억 달러(카로라)와 7억 달러(클론덱스)에 인수된 회사를 이끌었던 상당한 광업 경영 경험을 가지고 있습니다. 이러한 변화는 2024년 12월 17일 열린 연례 총회에서 승인되었으며, 주주들은 또한 KPMG LLP를 감사인으로 임명하고 회사의 10% '로링' 스톡 옵션 계획을 승인했습니다.
New Found Gold Corp (TSXV: NFG) (NYSE-A: NFGC) a annoncé d'importants changements au sein du conseil d'administration, en nommant Paul Huet en tant que Président Indépendant du Conseil. L'entreprise a également accueilli William Hayden et Melissa Render comme nouveaux membres du conseil, avec Render également nommée Présidente. Le nouveau conseil est maintenant composé de Paul Huet, Collin Kettell, Vijay Mehta, William Hayden et Melissa Render.
Huet possède une vaste expérience de direction dans le secteur minier, ayant précédemment dirigé des entreprises acquises pour 1,3 milliard de dollars (Karora) et 700 millions de dollars (Klondex). Les changements ont été approuvés lors de l'Assemblée Générale Annuelle le 17 décembre 2024, où les actionnaires ont également approuvé la nomination de KPMG LLP en tant qu'auditeur et le plan d'options d'actions 'rolling' de 10% de l'entreprise.
New Found Gold Corp (TSXV: NFG) (NYSE-A: NFGC) hat bedeutende Änderungen im Vorstand bekannt gegeben und Paul Huet zum Unabhängigen Vorsitzenden des Vorstands ernannt. Das Unternehmen begrüßte auch William Hayden und Melissa Render als neue Vorstandsmitglieder, wobei Render auch zur Präsidentin ernannt wurde. Der neue Vorstand besteht nun aus Paul Huet, Collin Kettell, Vijay Mehta, William Hayden und Melissa Render.
Huet bringt umfangreiche Erfahrung in der Bergbaubranche mit, da er zuvor Unternehmen geführt hat, die für 1,3 Milliarden Dollar (Karora) und 700 Millionen Dollar (Klondex) übernommen wurden. Die Änderungen wurden auf der Jahreshauptversammlung am 17. Dezember 2024 genehmigt, bei der die Aktionäre auch die Ernennung von KPMG LLP als Prüfer und den 10% 'Rolling' Aktienoptionsplan des Unternehmens genehmigten.
- Appointment of experienced mining executive Paul Huet as Independent Chairman, with proven track record of delivering shareholder value in billion-dollar acquisitions
- Strategic board restructuring bringing in members with significant industry expertise
- None.
– ANNOUNCES RESULTS OF MEETING OF SHAREHOLDERS –
Collin Kettell, Chief Executive Officer of New Found, stated: "On behalf of the Board of Directors and management, I would like to welcome Paul Huet as Independent Chairman of the Board. Paul has a proven track record as a mining executive, having successfully delivered considerable shareholder value in his previous roles at both Karora and Klondex, which were acquired for
Paul Huet, Independent Chairman of New Found, stated: "I'm thrilled to join New Found at such a pivotal moment. Having led teams that transformed exploration companies into billion-dollar producers, I recognize the immense potential here. New Found's vision, strategic approach, and the strength of the Queensway discovery make this an exciting challenge, and I'm eager to help take the project to new heights."
Eric Sprott, shareholder of New Found, stated: "Having followed Paul's career closely, I know his passion, operational expertise, and strategic vision are second to none. His leadership has consistently delivered outstanding results, and I am excited to see him bring that same level of commitment and success to New Found."
New Directors
Paul Huet, Independent Chairman
Paul Huet is CEO of Americas Gold and Silver. He was previously Chairman and CEO of Karora Resources Inc. from 2019 to 2024 until its acquisition by Westgold Resources Limited for
William Hayden
William Hayden has served as a Director of Ivanhoe Mines since March 2007. He is a geologist with more than 38 years of experience in the mineral exploration industry, much of it gained in
Melissa Render
Melissa Render has served as VP of Exploration for New Found Gold since 2021. She is an exploration geologist with 10+ years of experience focused on orogenic gold. Melissa managed exploration projects worldwide from grassroots to advanced stages in greenstone belts, including the Abitibi, Eastern Goldfields, Hope Bay, Central Lapland and Banfora for Kinross Gold, AngloGold Ashanti, and TMAC Resources. She spent 3 years as a consultant specializing in target generation, 3D modelling, data management, and exploration program design.
Annual General Meeting
In addition, resolutions regarding the following matters were passed at the Meeting:
- fixing the number of directors at five;
- appointing KPMG LLP, Chartered Professional Accountants, as auditor of the Company at a remuneration to be fixed by the Board; and
- approving the
10% "rolling" stock option plan of the Company.
The Meeting did not consider any matters that were not presented in the management information circular dated October 18, 2024, that was issued in connection with the Meeting.
About New Found Gold Corp.
New Found holds a
Please see the Company's website at www.newfoundgold.ca and the Company's SEDAR+ profile at www.sedarplus.ca.
Contact
To contact the Company, please visit the Company's website, www.newfoundgold.ca and make your request through our investor inquiry form. Our management has a pledge to be in touch with any investor inquiries within 24 hours.
New Found Gold Corp.
Per: "Collin Kettell"
Collin Kettell, Chief Executive Officer
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 Statement Cautions
This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, relating to the merits and potential of the Queensway Project; exploration, drilling and mineralization on the Queensway Project; mineralization and the discovery of zones of high-grade gold mineralization; plans for future exploration and drilling; and funding of the drilling program. 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", "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, 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 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, drilling and assay results, 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 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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