NEW FOUND GOLD STRENGTHENS BOARD OF DIRECTORS
New Found Gold Corp (TSXV: NFG) (NYSE-A: NFGC) has announced a significant change to its Board of Directors. Chad Williams, Chairman and Founder of Red Cloud Mining Capital Inc., has been appointed to the Board, replacing company founder Collin Kettell effective immediately.
Williams brings substantial mining industry expertise, having served as CEO of Victoria Gold Corp. and Head of Mining Investment Banking at Blackmont Capital Inc. His background includes experience as a highly ranked mining analyst at TD Bank and other Canadian brokerage firms.
Paul Huet, Chairman of New Found, welcomed Williams as an Independent Director, highlighting his extensive capital markets experience and mining industry knowledge. Huet also acknowledged Kettell's important role in discovering the Queensway Gold Project, noting that Kettell remains a major shareholder of the company.
New Found Gold Corp (TSXV: NFG) (NYSE-A: NFGC) ha annunciato un cambiamento significativo nel suo Consiglio di Amministrazione. Chad Williams, Presidente e Fondatore di Red Cloud Mining Capital Inc., è stato nominato nel Consiglio, sostituendo il fondatore dell'azienda Collin Kettell, con effetto immediato.
Williams porta con sé una notevole esperienza nel settore minerario, avendo ricoperto il ruolo di CEO di Victoria Gold Corp. e Capo del Mining Investment Banking presso Blackmont Capital Inc. Il suo background include anche esperienze come analista minerario di alto livello presso TD Bank e altre società di intermediazione canadese.
Paul Huet, Presidente di New Found, ha accolto Williams come Direttore Indipendente, evidenziando la sua vasta esperienza nei mercati dei capitali e la sua conoscenza del settore minerario. Huet ha anche riconosciuto il ruolo importante di Kettell nella scoperta del Queensway Gold Project, sottolineando che Kettell rimane un azionista di maggioranza dell'azienda.
New Found Gold Corp (TSXV: NFG) (NYSE-A: NFGC) ha anunciado un cambio significativo en su Junta Directiva. Chad Williams, Presidente y Fundador de Red Cloud Mining Capital Inc., ha sido nombrado en la Junta, reemplazando al fundador de la empresa Collin Kettell, con efecto inmediato.
Williams aporta una considerable experiencia en la industria minera, habiendo sido CEO de Victoria Gold Corp. y Jefe de Banca de Inversión Minera en Blackmont Capital Inc. Su experiencia incluye haber trabajado como analista minero altamente calificado en TD Bank y otras firmas de corretaje canadienses.
Paul Huet, Presidente de New Found, dio la bienvenida a Williams como Director Independiente, destacando su amplia experiencia en mercados de capital y su conocimiento de la industria minera. Huet también reconoció el papel importante de Kettell en el descubrimiento del Queensway Gold Project, señalando que Kettell sigue siendo un accionista mayoritario de la empresa.
New Found Gold Corp (TSXV: NFG) (NYSE-A: NFGC)는 이사회에 중요한 변화를 발표했습니다. Chad Williams, Red Cloud Mining Capital Inc.의 회장 겸 창립자가 이사회에 임명되어, 회사 창립자 Collin Kettell를 즉시 대체하게 되었습니다.
Williams는 Victoria Gold Corp.의 CEO와 Blackmont Capital Inc.의 광업 투자 은행 부서 책임자로 재직한 경험이 있는 광업 분야의 전문가입니다. 그의 경력은 TD Bank 및 기타 캐나다 중개 회사에서 고위 광업 분석가로 활동한 경험을 포함합니다.
New Found의 회장인 Paul Huet는 Williams를 독립 이사로 환영하며, 그의 광범위한 자본 시장 경험과 광업 산업 지식을 강조했습니다. Huet는 또한 Kettell이 Queensway Gold Project를 발견하는 데 중요한 역할을 했음을 인정하며, Kettell이 여전히 회사의 주요 주주임을 언급했습니다.
New Found Gold Corp (TSXV: NFG) (NYSE-A: NFGC) a annoncé un changement significatif au sein de son Conseil d'Administration. Chad Williams, Président et Fondateur de Red Cloud Mining Capital Inc., a été nommé au Conseil, remplaçant le fondateur de l'entreprise Collin Kettell avec effet immédiat.
Williams apporte une expertise considérable dans l'industrie minière, ayant été PDG de Victoria Gold Corp. et Responsable de la Banque d'Investissement Minier chez Blackmont Capital Inc. Son parcours comprend également une expérience en tant qu'analyste minier de haut niveau chez TD Bank et d'autres sociétés de courtage canadiennes.
Paul Huet, Président de New Found, a accueilli Williams en tant que Directeur Indépendant, soulignant son expérience approfondie sur les marchés de capitaux et sa connaissance de l'industrie minière. Huet a également reconnu le rôle important de Kettell dans la découverte du Queensway Gold Project, notant que Kettell reste un actionnaire majeur de l'entreprise.
New Found Gold Corp (TSXV: NFG) (NYSE-A: NFGC) hat eine bedeutende Veränderung im Vorstand bekannt gegeben. Chad Williams, Vorsitzender und Gründer von Red Cloud Mining Capital Inc., wurde sofort in den Vorstand berufen und ersetzt den Unternehmensgründer Collin Kettell.
Williams bringt umfangreiche Erfahrung in der Bergbauindustrie mit, da er CEO von Victoria Gold Corp. und Leiter des Mining Investment Banking bei Blackmont Capital Inc. war. Sein Hintergrund umfasst Erfahrungen als hochrangiger Bergbauanalyst bei TD Bank und anderen kanadischen Brokerfirmen.
Paul Huet, Vorsitzender von New Found, begrüßte Williams als unabhängigen Direktor und hob seine umfangreiche Erfahrung in den Kapitalmärkten und sein Wissen über die Bergbauindustrie hervor. Huet erkannte auch die wichtige Rolle von Kettell bei der Entdeckung des Queensway Gold Project an und bemerkte, dass Kettell nach wie vor ein Hauptaktionär des Unternehmens ist.
- Appointment of experienced mining executive with capital markets expertise
- Former founder remains as major shareholder, showing continued confidence
- Addition of independent director strengthens corporate governance
- Departure of company founder from the board
Mr. Williams is the Chairman and Founder of Red Cloud Mining Capital Inc. He has extensive experience in mining finance and management, having previously held the positions of CEO of Victoria Gold Corp. and Head of Mining Investment Banking at Blackmont Capital Inc., and was a highly ranked mining analyst at TD Bank and other Canadian brokerage firms.
Paul Huet, Chairman of New Found, stated "We are excited to have
"I would like to take this opportunity to sincerely thank Collin for his significant contributions to New Found. He was instrumental in the discovery of the Queensway Gold Project and remains a supportive major shareholder of the Company", continued Mr. Huet.
About New Found Gold Corp.
New Found holds a
With over 600,000 metres of drilling completed since 2020, the Company has outlined multiple near-surface, high-grade gold discoveries over a 22 kilometre strike extent. Recent drilling continues to yield new discoveries along strike and down dip of known gold zones, pointing to the district-scale potential of the 175,600 hectare Project that covers a 110 km strike extent along two prospective fault zones.
The Company has recently commissioned an initial mineral resource estimate and preliminary economic assessment, which are scheduled for completion in early and late Q2/25, respectively.
New Found has a new management team in place, a solid shareholder base, which includes an
Please see the Company's website at www.newfoundgold.ca and the Company's SEDAR+ profile at www.sedarplus.ca.
Keith Boyle
Chief Executive Officer
New Found Gold Corp.
Contact
For further information on New Found, please visit the Company's website at www.newfoundgold.ca, contact us through our investor inquiry form at https://newfoundgold.ca/contact/ or contact:
Fiona Childe, Ph.D., P.Geo.
Vice President, Communications and Corporate Development
Phone: +1 (845) 535-1486
Email: contact@newfoundgold.ca
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https://www.linkedin.com/company/newfound-gold-corp
https://x.com/newfoundgold
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 initial mineral resource estimate and preliminary economic assessment for the Queensway Project and the timing thereof; the benefits of the management and Board changes; growth and value creation; exploration, drilling and mineralization on the Queensway Project; plans for future exploration and drilling; the jurisdiction of the Queensway Project; and the merits of the Queensway Project. 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", "encouraging", "pending", "potential", "goal", "objective", "opportunity", "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 the Company's ability to complete the initial mineral resource estimate and preliminary economic assessment, the results and timing of the initial mineral resource estimate and preliminary economic assessment, 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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