Wednesday, October 8, 2025

Latest

New Found Gold Sees CEO Craig Roberts Resign Under Leadership Transition Plan

A management shakeup appears to be underway at New Found Gold (TSXV: NFG). The firm this morning announced the resignation of CEO Craig Roberts, under what is being referred to as a planned transition.

Taking on the role of chief executive officer on a go-forward basis will be that of Collin Kettell, whom is founder and executive chairman of the company, and also the founder and executive chairman of Palisades Goldcorp. The leadership transition has reportedly been years in the making, as per Kettell’s commentary.

“When I asked Craig to join as CEO in early 2020, he committed to this role for several years with the intention that I would transition into the CEO role over this time frame. We both agree that the time is now right for this transition.”

As part of the transition, Roberts has also resigned from his role as a director of the company. Going forward, he will take the title of Lead Advisor, and will continue as a full-time consultant for the company.

Filling the now-vacated director position will be that of Vijay Mehta, whom is a co-founder of Arkview Capital. He comes to the board heavily experienced in private equity, with his experience having an emphasis on the energy and industrial sectors.

The development follows the news earlier this week that billionaire mining investor Eric Sprott has upped his stake in the company to 31.4%, following a transaction he facilitated to acquire the entire stake previously owned by Novo Resources (TSX: NVO).

New Found Gold last traded at $8.92 on the TSX Venture.


The author has no securities or affiliations related to any organization mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

New Found Gold Hits 13.8 Metres of 28.4 G/T Gold At Keats Zone

New Found Gold (TSXV: NFG) this morning released the latest results from the ongoing drill...

Thursday, February 11, 2021, 08:26:30 AM

New Found Gold Hits 5.75 Metres Of 18.95 g/t Gold

Positive drill results keep on coming for New Found Gold (TSXV: NFG). The latest assay...

Thursday, September 1, 2022, 08:10:56 AM

New Found Gold Hits 85.67 g/t Gold Over 5.65 Metres At Keats

New Found Gold (TSXV: NFG) continues to report assay results from its massive 400,000 metre...

Wednesday, November 16, 2022, 08:20:47 AM

New Found Gold Intersects 106.46 G/T Gold Over 9.15 Metres At Keats

New Found Gold (TSXV: NFG) has released drill results from ten additional holes that were...

Wednesday, April 7, 2021, 07:45:30 AM

New Found Gold Hits 26 g/t Gold Over 9 Metres In Latest Iceberg Drilling

Further assay results have been released by New Found Gold (TSXV: NFG) from drilling at...

Thursday, June 8, 2023, 08:27:34 AM