New Found Announces Grant of Stock Options

VANCOUVER, British Columbia--(BUSINESS WIRE)--New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) announces it has granted incentive stock options to certain directors and officers of the Company to acquire an aggregate of 300,000 common shares in the capital of the Company at an exercise price of $5.75 (the “Options”) in accordance with the Company’s 10% rolling incentive stock option plan. The Options are exercisable for a five-year term expiring August 19, 2027 and