New Found Gold (NFG) Corporate presentation summary

Strategic positioning and leadership

• Positioned as an emerging mid-tier gold producer with a focus on rapid advancement to cash flow from the Queensway and Hammerdown projects.

• Led by an experienced board and management team with a track record in mine development and operations.

• Fully funded to production with a $220M finance package, including cash, marketable securities, and a credit facility.

• Operates in Newfoundland and Labrador, a top mining jurisdiction with strong infrastructure and permitting support.

Asset portfolio and development plan

• Key assets include the Pine Cove Mill, Hammerdown Gold Project, and flagship Queensway Gold Project.

• Pine Cove Mill is permitted and expanding from 700 tpd to 1,400 tpd by H2 2027 to process ore from both Hammerdown and Queensway.

• Hammerdown consists of three deposits with open-pit mining and commercial production targeted for H2 2026.

• Queensway features a high-grade, at-surface deposit with phased development: Phase 1 fully funded, Phases 2/3 to include onsite processing.

Financials and capital structure

• Market capitalization of $776M with 408.6M fully diluted shares and a share price of $2.02 as of July 2026.

• Cash and marketable securities total $148M, with a $105M credit facility and potential $27M from warrant exercises.

• Key shareholders include Eric Sprott (19%), Heartland Advisors, and EdgePoint.