Business
New Found Gold Grants Stock Options and Restricted Share Units
New Found Gold Grants Stock Options and Restricted Share Units Canada NewsWire ...
About this update from New Found Gold Corp
[{"type":"text","content":"\n\n\n\n New Found Gold Grants Stock Options and Restricted Share Units\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Sept. 26, 2025\n \n\n /CNW/ - New Found Gold Corp. (\"\n \n New Found Gold\n \n \" or the \"\n \n Company\n \n \") (TSXV: NFG) (NYSE-A: NFGC) announces it has granted incentive stock options to certain directors, officers, and employees of New Found Gold to acquire an aggregate of 809,167 common shares in the capital of the Company at an exercise price of\n \n $2.97\n \n (the\n \n \"Options\"\n \n ) in accordance with the Company's 10% rolling incentive stock option plan. The Options are exercisable for a 5-year term expiring\n \n September 25, 2030\n \n , and subject to vesting provisions.\n \n\n\n\n\n\n\n\n\n The Company also granted 2,053,000 restricted share units (the \"\n \n RSUs\n \n \") to certain directors and officers of the Company in accordance with the \"5% rolling\" share unit plan of the Company, with 1/3 vesting one year from the date of grant, and 1/3 vesting every year thereafter until fully vested.\n \n\n\n Qualified Person\n \n\n\n The scientific and technical information disclosed in this press release was reviewed and approved by\n \n Melissa Render\n \n , P. Geo., President, and a Qualified Person as defined under National Instrument 43-101. Ms. Render consents to the publication of this press release, by New Found Gold. Ms. Render certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for this press release.\n \n\n\n About New Found Gold Corp.\n \n\n\n New Found Gold is a well-financed advanced-stage exploration company that holds a 100% interest in Queensway, located in\n \n Newfoundland\n \n and\n \n Labrador\n \n , a Tier 1 jurisdiction with excellent infrastructure and a skilled local workforce.\n \n\n The Company has completed a PEA at Queensway (see New Found Gold news release dated\n \n\n July 21, 2025\n \n\n ).\n \n\n Recent drilling continues to yield new discoveries along strike an...