New Gold Inc.

New Gold Inc. today reports that it has closed the previously announced sale of the Blackwater Project to Artemis Gold Inc. for consideration comprised of: Total cash consideration of $190 million comprised of an initial cash payment of $140 million and $50 million in cash payable on August 21, 2021; A gold stream on 8% of gold produced from the Blackwater Project, reducing to 4% of gold production once approximately [...]

New Gold Inc. reports second quarter results for the Company as of June 30, 2020 as well as its updated operational outlook for 2020. During the quarter, the Company has been able to execute on numerous key strategic opportunities, including the closing of the $300 million partnership with Ontario Teachers' Pension Plan, the divestment of the Blackwater Project for C$190 million cash and an 8% gold stream and the [...]

New Gold Inc. reports preliminary second quarter results from the Rainy River and New Afton mines. During this unprecedented COVID-19 period, the health and safety of our workforce and Indigenous and other communities remains our number one concern. We will support all initiatives that align with that objective and will remain vigilant in providing a safe working environment for our workforce. Consolidated Second Quarter [...]

New Gold Inc. today announces that it has completed the previously announced redemption of its outstanding $400 million 6.25% Senior Notes due 2020. The redemption was funded from the net proceeds of its recent issue of $400 million aggregate principal amount of 7.50% Senior Notes due in 2027 and cash on hand. “The redemption of our 2022 Senior Notes is another key milestone we have achieved that has significantly [...]

New Gold today announces that it has completed its offering of $400 million aggregate principal amount of 7.50% Senior Notes due 2027 . New Gold intends to use the net proceeds from the offering of the Notes, together with cash on hand, to fund the redemption of its outstanding 6.25% Senior Notes due 2022 on or about July 10, 2020. About New Gold Inc. New Gold is a Canadian-focused intermediate gold mining company with a [...]

New Gold today announced that it has commenced an offering of $400 million aggregate principal amount of Senior Notes due 2027. New Gold intends to use the net proceeds from the offering of the Notes, together with cash on hand, to fund the redemption of its outstanding 6.25% Senior Notes due 2022 , and to pay related fees and expenses. Pursuant to the terms of the indenture governing the Existing Notes, New Gold will [...]

New Gold is pleased to announce that it has entered into a definitive agreement with Artemis Gold Inc. to divest its Blackwater Project located in British Columbia. Under the terms of the Agreement, New Gold will receive consideration comprised of the following: C$190 million in cash comprised of C$140 million in cash upon closing of the Transaction and C$50 million in cash payable twelve months following closing of the [...]

New Gold today announces the voting results from the election of its Board of Directors at New Gold’s Annual General and Special Meeting of Shareholders held on May 20, 2020 as set out below. Director Nominee Votes For % For Votes Withheld % Withheld Renaud Adams 326,593,124 99.35% 2,148,048 0.65% Nicholas Chirekos 326,442,217 99.30% 2,298,955 0.70% Gillian Davidson 326,211,367 99.23% 2,529,805 0.77% James Gowans [...]

New Gold Inc. reports first quarter results for the Company as of March 31, 2020. An earnings conference call and webcast will begin at 8:30 am Eastern Time to discuss the first quarter financial results and Financial Statements that are available on the Company’s website at www.newgold.com and on SEDAR at www.sedar.com. The Company uses certain non-GAAP financial performance measures throughout this press release. Please [...]

New Gold Inc. provides notice that it will release its first quarter 2020 financial results before market on Wednesday, April 29, 2020. A conference call and webcast will follow at 8:30 am Eastern Time. Additionally, New Gold provides details for the 2020 Annual General and Special Meeting of Shareholders on May 20, 2020. Shareholders may request a hard copy of the complete audited financial statements and 2019 meeting [...]