New Found Gold Receives Conditional Approval to Graduate to the Toronto Stock Exchange

New Found Gold has received conditional approval to list its common shares on the Toronto Stock Exchange (TSX) and graduate from the TSX Venture Exchange (TSXV). Final approval is subject to the company fulfilling all TSX requirements, including receipt of all required documentation on or before September 14, 2026. The symbol "NFGC" has been reserved to align with the company's NYSE American symbol, and the common shares will be delisted from the TSXV concurrently with the graduation, with no change to the CUSIP and no action required from shareholders.

Company Overview

New Found Gold (TSXV: NFG | NYSE American: NFGC) is an emerging Canadian gold producer with assets in Newfoundland and Labrador, Canada. The company holds a 100% interest in its fully funded flagship Queensway Gold Project and the Hammerdown Gold Project, which includes the Hammerdown deposit and the milling and tailings facilities at Pine Cove. New Found Gold is targeting commercial gold production at Hammerdown in the second half of 2026 while advancing Queensway toward Phase 1 production, supported by a district-scale land package at Queensway covering more than 110 kilometres of strike across 2 fault zones and a shareholder base that includes Eric Sprott.

Conditional TSX Listing Approval

New Found Gold has received conditional approval to list its common shares on the Toronto Stock Exchange (TSX) and graduate from the TSX Venture Exchange (TSXV). Final approval is subject to the company fulfilling all TSX requirements, including receipt of all required documentation on or before September 14, 2026.

Chief Executive Officer of New Found Gold, Keith Boyle, frames the milestone this way:

"Conditional approval to list on the TSX marks an important corporate milestone. As we move toward commercial production at our Hammerdown Gold Project and continue to advance our fully funded Phase 1 development at our flagship Queensway Gold Project, we believe this graduation will provide greater visibility, liquidity, and an expanded capital markets presence, supporting our objective of building a leading Canadian gold mining company as we continue to create value for New Found Gold shareholders."

Stock Symbol & TSXV Delisting

The stock symbol "NFGC" has been reserved for use by the company upon its listing on the TSX, aligning with its NYSE American symbol. Concurrent with the graduation, the common shares will be delisted from the TSXV.

Shareholders are not required to exchange their share certificates or take any other action in connection with the listing, as there will be no change to the CUSIP for the common shares.

Next Steps

The company will issue a further news release once the TSX confirms the date on which trading of New Found Gold's common shares under the symbol "NFGC" is expected to commence.