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New Found Gold outlines C$220 million financing package, production plan in corporate presentation

PUBT·09/09/2026 14:33:13
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New Found Gold outlines C$220 million financing package, production plan in corporate presentation
  • New Found Gold outlined plans to advance the Queensway gold project toward cash flow using a phased development approach.
  • Funding package totals CAD 220 million, described as sufficient to reach production.
  • Capital structure shows 411,200,000 basic shares, share price CAD 2.37, market cap CAD 914 million.
  • Cash and marketable securities were CAD 194 million, supported by a CAD 35 million credit facility.
  • Queensway base-case metrics include after-tax NPV CAD 743 million, after-tax IRR 56%, LOM AISC USD 1,256/oz.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Found Gold Corp. published the original content used to generate this news brief on September 09, 2026, and is solely responsible for the information contained therein.