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New Discovered Gold Corp. (TSXV: NFG) (NYSE American: NFGC) (“New Discovered Gold” or the “Firm”) is happy to announce that it has engaged Cutfield Freeman & Co. Ltd. (“CF&Co”), an impartial international mining finance advisory agency, to behave as its venture finance advisor.
CF&Co will advise New Discovered Gold administration on growing and implementing venture finance methods for the Queensway Gold Undertaking (“Queensway“), positioned in Newfoundland and Labrador, Canada. As a part of its mandate, CF&Co will help in evaluating financing alternate options that could be accessible, act as level of contact with a wide range of financiers and debt instrument suppliers, handle the due diligence course of with short-listed financiers and advise administration and the Firm’s board of administrators on the ultimate number of financing alternate options.
Keith Boyle, CEO commented, “I’m happy to announce that we’re working with CF&Co, a number one international mining finance agency with experience in deciding on optimum financing packages for the event and building of mining initiatives. As indicated in Queensway’s 2025 Preliminary Financial Evaluation, the Firm can be evaluating financing choices for the $155 million preliminary capital expenditure required to fund Part 1 manufacturing, at the moment focused for H2/27.”
About New Discovered Gold Corp.
New Discovered Gold is an rising Canadian gold producer with belongings in Newfoundland and Labrador, Canada. The Firm holds a 100% curiosity in Queensway, in addition to the just lately acquired Hammerdown Operation, Pine Cove Operation and Nugget Pond Hydrometallurgical Gold Plant. The Firm is at the moment centered on advancing Queensway to manufacturing and bringing the Hammerdown Operation into steady-state gold manufacturing.
In July 2025, the Firm accomplished a PEA at Queensway (see New Discovered Gold press launch dated July 21, 2025). Latest drilling continues to yield new discoveries alongside strike and down dip of recognized gold zones, pointing to the district-scale potential that covers a +110 km strike extent alongside two potential fault zones at Queensway.
New Discovered Gold has a brand new board of administrators and administration group and a stable shareholder base which incorporates cornerstone investor Eric Sprott. The Firm is targeted on development and worth creation.
Keith Boyle, P.Eng.
Chief Govt Officer
New Discovered Gold Corp.
Certified Individual
The scientific and technical info disclosed on this press launch was reviewed and permitted by Melissa Render, P. Geo., President, and a Certified Individual as outlined below Nationwide Instrument 43-101. Ms. Render consents to the publication of this press launch, by New Discovered Gold. Ms. Render certifies that this press launch pretty and precisely represents the scientific and technical info that varieties the idea for this press launch.
Contact
For additional info on New Discovered Gold, please go to the Firm’s web site at www.newfoundgold.ca, contact us via our investor inquiry type at https://newfoundgold.ca/contact/ or contact:
Observe us on social media at
https://www.linkedin.com/firm/newfound-gold-corp
https://x.com/newfoundgold
Neither the TSXV nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSXV) accepts duty for the adequacy or accuracy of this launch.
Ahead-Wanting Assertion Cautions
This press launch incorporates sure “forward-looking statements” inside the that means of Canadian securities laws, referring to CF&Co’s engagement to behave because the Firm’s venture finance advisor to advise the Firm’s administration on growing and implementing venture finance methods for Queensway, help in evaluating financing alternate options that could be accessible, act as level of contact with financiers and debt instrument suppliers, handle the due diligence with short-listed financiers and advise administration and the Firm’s board of administrators on the ultimate number of financing alternate options; statements associated to the number of optimum financing packages for the event and building of the Firm’s mining initiatives; and the deliberate analysis of financing choices for the $155 million preliminary capital expenditure required to fund Part 1 manufacturing, at the moment focused for H2/27. Though the Firm believes that such statements are affordable, it can provide no assurance that such expectations will show to be appropriate. Ahead-looking statements are statements that aren’t historic information; they’re typically, however not all the time, recognized by the phrases “expects”, “plans”, “anticipates”, “believes”, “interpreted”, “intends”, “estimates”, “initiatives”, “goals”, “suggests”, “point out”, “typically”, “goal”, “future”, “doubtless”, “encouraging”, “pending”, “potential”, “objective”, “goal”, “alternative”, “potential”, “probably”, “preliminary”, and comparable expressions, or that occasions or situations “will”, “would”, “could”, “can”, “might” or “ought to” happen, or are these statements, which, by their nature, consult with future occasions. The Firm cautions that forward-looking statements are primarily based on the beliefs, estimates and opinions of the Firm’s administration on the date the statements are made, they usually contain quite a few dangers and uncertainties. Consequently, there might be no assurances that such statements will show to be correct and precise outcomes and future occasions might differ materially from these anticipated in such statements. Besides to the extent required by relevant securities legal guidelines and the insurance policies of the TSX Enterprise Change, the Firm undertakes no obligation to replace these forward-looking statements if administration’s beliefs, estimates or opinions, or different elements, ought to change. Elements that would trigger future outcomes to vary materially from these anticipated in these forward-looking statements embrace dangers related to attainable accidents and different dangers related to mineral exploration operations, the likelihood that the Firm could not have the ability to safe allowing and different governmental clearances mandatory to hold out the Firm’s exploration plans, and the danger of political uncertainties and regulatory or authorized modifications that may intervene with the Firm’s enterprise and prospects. The reader is urged to consult with the Firm’s Annual Info Kind and Administration’s Dialogue and Evaluation, publicly accessible via the Canadian Securities Directors’ System for Digital Doc Evaluation and Retrieval (SEDAR+) at www.sedarplus.ca for a extra full dialogue of such danger elements and their potential results.
To view the supply model of this press launch, please go to https://www.newsfilecorp.com/launch/276219
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