New Found Gold (NFGC) - 2025 Q1 - Quarterly Report

Exhibit 99.1 May 29, 2025 New Found Gold Corp. 2129 – 1055 West Georgia Street Vancouver, BC V6E 3P3 Canada Attention: Keith Boyle, Chief Executive Officer Dear Mr. Boyle: The undersigned, BMO Nesbitt Burns Inc. and SCP Resource Finance LP, as joint lead underwriters and joint bookrunners (the "Lead Underwriters"), along with Paradigm Capital Inc., Canaccord Genuity Corp., Haywood Securities Inc., Stifel Nicolaus Canada Inc., Roth Canada, Inc., A.G.P. Canada Investments ULC and ATB Securities Inc. (each, an ...