By default, the “Assets\Corona” directory is your root system.ResourceDirectory.
So, you need to put your font files in the following folder: “Assets\Corona\fonts”
Also, please note steps 5 and 6 in our porting guide as well as bullet #3 in the “Notes” block here…
http://docs.coronalabs.com/daily/coronacards/wp8/portapp.html#copying-project-files
To summarize, Visual Studio will only include asset files within your *.xap app bundle if their “Build Action” is flagged as “Content”. If Visual Studio does not recognize your asset file’s extension, then Visual Studio will not automatically include that file within your app. So, you’ll need to highlight your *.fnt files in the “Solution Explorer” panel and change their “Build Action” property to “Content” yourself. That will make this work.