New Found Gold (NFG) Q4 2024 earnings summary

Executive summary

• Filed annual report for the fiscal year ended December 31, 2024, with 200,457,994 common shares outstanding at year-end.

• Common shares are listed on the NYSE American under the symbol NFGC.

• The company is classified as an emerging growth company and prepares financials under IFRS.

Risk factors and uncertainties

• Forward-looking statements highlight risks such as inability to find commercially viable deposits, lack of mineral resources or reserves, reliance on historical data, and intense industry competition.

• Additional risks include financing challenges, regulatory changes, environmental compliance costs, and market volatility.

• Other risks involve geopolitical events, inflationary pressures, legal proceedings, and climate change impacts.

Significant events and developments

• No off-balance sheet arrangements were in place during 2024 that could affect financial condition or liquidity.

• No notices were required under Regulation BTR for directors or executive officers in 2024.