SCHEDULE: Palisades Goldcorp Boosts Stake in New Found Gold

Palisades Goldcorp Ltd. has reported an increased beneficial ownership of 13.7% in New Found Gold Corp. common shares.

Summary

• Palisades Goldcorp Ltd. beneficially owns 33,500,076 common shares of New Found Gold Corp.
• This ownership represents 13.7% of New Found Gold Corp.'s total common shares outstanding.
• The percentage is calculated based on 245,126,725 shares outstanding as of November 6, 2025, as reported in the Issuer's Form 6-K.
• Palisades Goldcorp Ltd. holds sole voting power and sole dispositive power over all 33,500,076 shares.
• This filing is an Amendment No. 1 to a Schedule 13G, indicating an update to a previously reported beneficial ownership.

Sentiment

Score: 6

Explanation: The filing reports a significant beneficial ownership stake by Palisades Goldcorp Ltd. in New Found Gold Corp., which can be interpreted as a positive signal of continued investor confidence. However, it is a routine disclosure of ownership and does not contain new operational or financial performance data.

Positives

• Palisades Goldcorp Ltd. maintains a significant ownership stake (13.7%) in New Found Gold Corp., indicating continued confidence in the company.

Future Outlook

NA

Industry Context

This filing indicates a significant institutional investor, Palisades Goldcorp Ltd., holds a substantial stake in New Found Gold Corp., a common occurrence in the resource sector where strategic investments can signal confidence in exploration or development potential.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, which can influence market perception and liquidity.

Key Dates

Keywords

New Found Gold Corp., Palisades Goldcorp Ltd., Beneficial Ownership, Common Shares, SEC Filing, Schedule 13G, Institutional Investor, Equity Stake