New Found Gold signs Cdn$105 million senior secured credit facility with EdgePoint Investment Group

• New Found Gold entered Cdn.$105 million senior secured credit agreement with EdgePoint Investment Group dated April 20, 2026, split into Cdn.$70 million Tranche 1 and Cdn.$35 million Tranche 2.
• Facility carries fixed 8.75% annual interest, payable quarterly, with 2% default interest uplift compounded monthly.
• Maturity set at three years from Tranche 1 drawdown date, with no scheduled amortization before maturity.
• Proceeds earmarked for general corporate and working capital, including bridge financing for Queensway Gold Project and Hammerdown Gold Project development.
• Maritime Resources and 2823988 Ontario Corp. provide guarantees; lender also commits to US$20 million equity subscription via concurrent public offering.

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 via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-054495), on May 04, 2026, and is solely responsible for the information contained therein.