New Gold Inc.

2.75

Canada & Ontario Toronto

181 Bay Street, Suite 3510

+1 416 324-6011

www.newgold.com

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Company Press Releases

New Gold Reports Third Quarter Operational Results

October 13, 2020 – New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) reports third quarter operational results for the Company as of September 30, 2020 and reaffirms annual production guidance. (All amounts are in US dollars unless otherwise indicated) An earnings conference call and webcast will be held on November 5, 2020 beginning at 8:30 am Eastern Time to discuss the third quarter financial results. (Details provided at the end of this news release) During this quarter, the Rainy River Mine delivered another strong quarter of o...

New Gold Announces Closing of Previously Announced Sale of the Blackwater Project to Artemis Gold

August 24, 2020--New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) today reports that it has closed the previously announced sale of the Blackwater Project (the "Transaction") to Artemis Gold Inc. ("Artemis") 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 280,000 ounces...

New Gold Reports Second Quarter Financial Results

July 30, 2020 – New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) 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 restructuring of our balance sheet through the $400 million bond...

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