New Found Gold Management

Management criteria checks 2/4

New Found Gold's CEO is Coll Kettell, appointed in Apr 2022, has a tenure of 8.25 years. total yearly compensation is CA$2.38M, comprised of 15.1% salary and 84.9% bonuses, including company stock and options. directly owns 2.71% of the company’s shares, worth CA$25.95M. The average tenure of the management team and the board of directors is 3.7 years and 2.9 years respectively.

Key information

Coll Kettell

Chief executive officer

CA$2.4m

Total compensation

CEO salary percentage	15.1%
CEO tenure	2yrs
CEO ownership	2.7%
Management average tenure	3.7yrs
Board average tenure	2.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Coll Kettell's remuneration changed compared to New Found Gold's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-CA$80m
Sep 30 2023	n/a	n/a	-CA$84m
Jun 30 2023	n/a	n/a	-CA$79m
Mar 31 2023	n/a	n/a	-CA$88m
Dec 31 2022	CA$2m	CA$360k	-CA$90m
Sep 30 2022	n/a	n/a	-CA$79m
Jun 30 2022	n/a	n/a	-CA$96m
Mar 31 2022	n/a	n/a	-CA$68m
Dec 31 2021	CA$2m	CA$300k	-CA$51m
Sep 30 2021	n/a	n/a	-CA$62m
Jun 30 2021	n/a	n/a	-CA$38m
Mar 31 2021	n/a	n/a	-CA$31m
Dec 31 2020	CA$16m	CA$269k	-CA$33m
Sep 30 2020	n/a	n/a	-CA$10m
Jun 30 2020	n/a	n/a	CA$913k
Mar 31 2020	n/a	n/a	-CA$10m
Dec 31 2019	CA$638k	CA$10k	-CA$4m

Compensation vs Market: Coll's total compensation ($USD1.75M) is about average for companies of similar size in the Canadian market ($USD1.81M).

Compensation vs Earnings: Coll's compensation has increased whilst the company is unprofitable.

CEO

Coll Kettell (32 yo)

2yrs

Tenure

CA$2,384,584

Compensation

Mr. Collin Kettell, also known as Coll, has been an Independent Director of Radio Fuels Energy Corp. since May 15, 2023. He is the Founder, Chief Executive Officer and serves as Executive Chairman at Palis...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Collin Kettell	Founder	2yrs	CA$2.38m	2.71% CA$ 26.0m
Denis Laviolette	Founder	8.3yrs	CA$1.67m	1.15% CA$ 11.0m
Michael Kanevsky	Chief Financial Officer	5.2yrs	CA$669.26k	no data
Greg Matheson	Chief Operating Officer	6.3yrs	CA$812.15k	no data
Ronald Hampton	Chief Development Officer	1.8yrs	CA$781.16k	no data
Melissa Render	Vice President of Exploration	2.3yrs	no data	0.0010% CA$ 10.0k
Janet Francis	Corporate Secretary	no data	no data	no data

3.7yrs

Average Tenure

38yo

Average Age

Experienced Management: NFG's management team is considered experienced (3.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Collin Kettell	Founder	8.3yrs	CA$2.38m	2.71% CA$ 26.0m
Denis Laviolette	Founder	8.3yrs	CA$1.67m	1.15% CA$ 11.0m
Douglas Hurst	Independent Director	2.9yrs	CA$232.46k	0.049% CA$ 468.4k
Raymond Threlkeld	Lead Independent Director	1.5yrs	CA$564.09k	0.0018% CA$ 17.6k
Vijay Mehta	Independent Director	2yrs	CA$687.35k	no data

2.9yrs

Average Tenure

50yo

Average Age

Experienced Board: NFG's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

New Found Gold Management

Management criteria checks 2/4

Key information

Recent management updates

New Found Gold Corp., Annual General Meeting, Dec 07, 2023

Insider recently bought CA$116k worth of stock

Insider recently bought CA$11m worth of stock

New Found Gold Corp. Appoints Raymond Threlkeld as Independent Director

New Found Gold Corp., Annual General Meeting, Dec 08, 2022

Chief Operating Officer exercised options and sold CA$832k worth of stock

Recent updates

New Found Intercepts 14.8 g/t Au over 5m At Honeypot & 43.1 g/t Au over 2m At Jackpot

New Found Gold Corp. Intercepts 17.8 G/T Au Over 13.5m, 27.7 G/T Au Over 4.6m and 1.23 G/T Au Over47.2m at K2 Zone

New Found Gold Corp. Reports Positive Phase 1 Metallurgical Test Results Demonstrating 90% to 96% Gold Extraction At Queensway

New Found Gold Corp. Identifies Continuation of the Keats-Baseline Fault Zone with 187 g/t Au over 2.55M At “Iceberg Alley”

New major risk - Revenue and earnings growth

New Found Gold Corp. Announces Results from 61 Diamond Drill Holes At Iceberg-Iceberg East, A High-Grade Zone Located 300M Northeast of Keats Along the Highly Prospective Appleton Fault Zone

New Found Gold Corp. Announces Receipt of the Final Dataset and Preliminary Interpretation of Its 3-D and 2-D Seismic Program Completed in Late 2023

New Found Gold Corp. Announces Results from 97 Diamond Drill Holes

New Found Gold Corp. Intercepts 3.2 g/t Au Over 43.8m and 10.3 g/t Au Over 13m at Keats West & Defines a New Gold Domain at Cokes Zone

New Found Gold Corp. Announces New Found Intercepts 27.5 g/t Au Over 7m & 8.69 g/t Au Over 12m at K2, Extends High-grade to Surface

New Found Gold Corp. Announces New Found Makes First New High-Grade Discovery of 2024, Intercepts 26 G/T Au over 7.65M & 23 G/T Au over 5.25M At the “Honeypot Zone”

New Found Increases Queensway Drill Program to 650,000 Metres, Seismic Interpretation to Guide 2024 Targeting

New Found Gold Corp. Announces the Results from 16 Diamond Drill Holes That Were Completed as Part of A Drill Program Designed to Test the Keats West Zone, A Low-Angle Thrust Fault That Dips Gently to the South-Southwest and Is Located on the West Side of the Highly Prospective Appleton Fault Zone

New Found Gold Corp. Intercepts Significant High-Grade Intervals At K2, Expands Mineralized Footprint of Zone to 490M X 395M

New Found Gold Corp. Completes Keats Trench Excavation and Phase 1 Mapping Program, Exposes High-Grade East-West Vein

New Found Gold Corp. has completed a Follow-on Equity Offering in the amount of CAD 56.00625 million.

New Found Gold Corp Announces the Results from 23 Diamond Drill Holes

New Found Gold Corp. Announces Results from 37 Diamond Drill Holes Completed as Part of A Drill Program Designed to Expand the High-Grade Gold Mineralization At the Golden Joint Zone to Surface

New Found Gold Corp. Announces the Results from 30 Diamond Drill Holes That Were Completed as Part of A Drill Program Designed to Test the Newly Discovered Jackpot Zone

New Found Gold Corp. Announces the Results from 46 Diamond Drill Holes

New Found Gold Corp. Intercepts 17.1 g/t Au Over 11.35m & 1.82 g/t Au, Further Defines High-Grade Domain at Keats West

New Found Gold Corp. Intercepts 17.1 g/t Au Over 11.35m & 1.82 g/t Au, Further Defines High-Grade Domain at Keats West

New Found Intercepts 3.29 G/T Au over 42.4m, Further Defines 30m+ Thick Gold Zone At Keats West

New Found Gold Corp. Intercepts 17.8 G/T Au over 8.3M At 421 Zone, Drills Mineralization 2.7Km South of Keats At Grouse Zone

New Found Gold Corp., Annual General Meeting, Dec 07, 2023

New Found Gold Corp. Announces the Results from 31 Diamond Drill Holes

New Found Gold Corp. Announces Results from 30 Diamond Drill Holes

New Found Gold Corp. Announces Results from 36 Diamond Drill Holes That Completed as Part of Drill Program Designed to Expand on Discovered K2 Zone At Its 100%-Owned Queensway Project in Newfoundland and Labrador

New Found Gold Corp. Announces Results from 15 Diamond Drill Holes That Are Completed as Part of A Follow-Up Drill Program At the New Iceberg Discovery

New Found Gold Corp. Announces Completion of 3-D Seismic Survey

New Found Gold Corp. Intercepts 5.81 G/T Au over 30M At Keats West

New Found Gold Corp. Announces the Results from 16 Diamond Drill Holes That Were Completed as Part of Follow-Up Drill Program At the New Iceberg Discovery

New major risk - Financial position

New Found Gold Corp. Intercepts 167 G/T Au over 4.70M At Iceberg

New Found Gold Corp. Announces the Results from 14 Diamond Drill Holes

New Found Gold Corp. Commences 10,000m, Phase II Drill Program at Queensway South

New Found Gold Corp. Announce the Results from Eight Diamond Drill Holes That Were Completed as Part of A Follow-Up Drill Program Targeting the 421 Zone

New Found Gold Corp. Announces Results from Seven Diamond Drill Holes that Completed as Part of Drill Program Designed to Test Newly Discovered Keats West Zone

New Found Intercepts 14.5 g/t Au Over 27.8m, 9.7 g/t Au Over 20.3m, 34.6 g/t Au Over 5.3m, 39 g/t Au Over 4.3m & 33 g/t Au Over 4.8m at Iceberg

New Found Gold Corp. Intercepts 31 G/T Au Over 7.95m at Iceberg & 15 g/t Au Over 7.55m at Iceberg East

New Found Gold Corp. Announces Results from One Diamond Drill Hole Part of A Drill Programalong the Northern Segment of the Highly Prospective Appleton Fault Zone

New Found Gold Corp. Announces Gold Intercepts At Queensway Project in Newfoundland

Palisades Announces Additional New Found Gold Intercepts At Keats West

New Found Gold Corp. Announces the Results from 15 Diamond Drill Holes

New Found Gold Corp. Announces the Results from One Diamond Drill Hole Completed as Part of A Follow-Up Drill Program At the New Iceberg Discovery

Kirkland Lake Discoveries Corp. (TSXV:KLDC) acquired All of the properties comprising Lucky Strike project located in the Kirkland Lake gold camp in Ontario from New Found Gold Corp. (TSXV:NFG) for approximability CAD 1.30 million.

Insider recently bought CA$116k worth of stock

New Found Gold Corp. Announces Results from Nine Diamond Drill Holes that Completes as Part of Drill Program Designed to Test Newly Discovered Keats West Zone

New Found Gold Corp. Discovers Three New Gold Zones Along Appleton Fault Zone - Monte Carlo, K2 & Everest

Is New Found Gold (CVE:NFG) In A Good Position To Invest In Growth?

New Found Gold Corp. Announces the Results from 37 Diamond Drill Holes

New Found Gold Corp. Discovers Multiple New Gold Zones Extending 1.5KM South of Keats, Increases Appleton Fault Zone High-Grade Gold Corridor to over 4KM in Strike Length

New Found Gold Corp. Announces the Results from Forty-Eight Diamond Drill Holes

New Found Gold Corp. Announces the Continuation of Environmental Baseline and Pre-Development Studies

New Found Increases Queensway Drill Program to 500,000 Meters

Insider recently bought CA$11m worth of stock

New Found Gold Corp. Reports Several High-Grade Intercepts from Keats North Including 117 G/T Au over 2.00M, 36.5 G/T Au over 2.15M & 20.8 G/T Au over 2.00M

New Found Gold Corp. Intercepts 42.6 g/t Au Over 32m at Keats West, Includes High-grade Interval of 171.6 g/t Au Over 6.5m

New Found Gold Corp. Announces the Results from Five Diamond Drill Holes That Were Completed as Part of Program Designed to Follow Up on Newly Discovered High-Grade Gold

New Found Intercepts 85.7 G/T AU Over 5.65M & 13.4 G/T AU Over 9.05M at Keats Main Zone, Initiates Use of Chrysos PhotonAssayTM Method

Price target increased to CA$10.00

New Found Gold Corp. Intercepts 33.8 g/t Au Over 2.35m, 37.4 g/t Au Over 2.10m & 22.8 g/t Au Over 2.20m at New “Lotto North” Discovery

New Found Gold Corp. Announces Results from 30 Diamond Drill Holes as Part of A Program Designed to Test the Down-Plunge Extents of the Keats Main Zone Appleton Fault Zone

New Found Gold Corp. Appoints Raymond Threlkeld as Independent Director

New Found Gold Corp., Annual General Meeting, Dec 08, 2022

New Found Gold Corp. Announces the Results from Six Diamond Drill Holes That Were Completed as Part of a Program Designed to Test the West Side of the Highly Prospective Appleton Fault Zone Adjacent to the Keats Zone

Is New Found Gold (CVE:NFG) In A Good Position To Invest In Growth?

New Found Gold Corp. Intercepts 152.1 g/t Au Over 3.85m & 12.98 g/t Au Over 14.95m at Lotto Main Vein, Confirms Continuity of High-Grade Over 220m Strike

Chief Operating Officer exercised options and sold CA$832k worth of stock