New Found Gold (TSXV:NFG) - Meet the Team, with Hashim Ahmed

Interview with Hashim Ahmed, CFO of New Found Gold Previous Interview: https://www.cruxinvestor.com/posts/ne... Recording date: 26th January 2026 Hashim Ahmed brings 20 years of mining finance experience to New Found Gold, with a career trajectory directly relevant to the company's accelerated development timeline. His foundation at Barrick Gold provided exposure to major-company financial systems, while subsequent CFO roles at Jaguar Mining, Nomad Royalty, and Mandalay Resources demonstrated his ability to execute turnarounds and navigate successful exit transactions. At Jaguar, he helped transform a company emerging from creditor protection at a $30 million market cap into one trading above $500 million. His approach at New Found Gold centers on balancing the nimble decision-making of a junior miner with the scalable governance systems required for production. With the company targeting a transition from exploration to production within two years, Ahmed has implemented structured capital allocation frameworks including formal approval-for-expenditure processes and a segmented capital budgeting system that prioritizes health, safety, and environmental spending before growth and contingent capital. His preferred financial metric is net cash generation rather than industry-standard all-in sustaining costs, a discipline designed to cut through noise and maintain focus on total economic performance. Ahmed views the phased development of Queensway, underpinned by the acquired Pine Cove mill, as fundamentally aligned with sound financial stewardship. The approach reduces construction risk, distributes capital commitments across learning phases, and avoids the large-scale single-build model that has historically destroyed value during commodity bull markets. He positions the CFO function as a cross-functional problem-solver rather than a financial scorekeeper, building alignment through shared KPIs and common data across engineering, operations, and finance teams. His focus on mentoring local talent in Newfoundland and building institutional processes reflects a commitment to creating operational capabilities that endure well beyond any individual executive's tenure. — View New Found Gold's company profile: https://www.cruxinvestor.com/companie... Sign up for Crux Investor: https://cruxinvestor.com