NEW GOLD COMPLETES US$173 MILLION BOUGHT DEAL FINANCING

(All dollar figures are in US dollars unless otherwise indicated) TORONTO, May 17, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce the closing of its "bought deal" equity financing of 100,395,000 common shares, including 13,095,000 common shares issued upon the full exercise of the underwriters' over-allotment option. At a price of $1.72 per common share, the Company raised aggregate gross proceeds of $172,679,400 pursuant to the offerin ...