NEW GOLD COMPLETES US$173 MILLION BOUGHT DEAL FINANCING

Group 1 - New Gold Inc. has successfully closed a "bought deal" equity financing, raising gross proceeds of $172,679,400 by issuing 100,395,000 common shares at a price of $1.72 per share [1] - The offering was led by a syndicate of underwriters including CIBC Capital Markets, BMO Capital Markets, and others [1] - The net proceeds from the offering will be used to fund a portion of the cash payment for a strategic partnership with Ontario Teachers' Pension Plan Board, increasing New Gold's effective free cash flow interest in the New Afton mine to 80.1% [2] Group 2 - New Gold is a Canadian-focused intermediate mining company with two core producing assets: the Rainy River gold mine and the New Afton copper-gold mine [3] - The company's vision is to build a leading diversified intermediate gold company in Canada, emphasizing environmental and social responsibility [3]