New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce the appointment of Travis Murphy as Vice President, Operations, effective March 24, 2025.

"I'm pleased to welcome Travis to New Gold at an exciting time for the Company" stated Patrick Godin, President and CEO. "With our two updated Technical Reports recently presented to the market, Travis' operational experience and strategic planning, coupled with a values-based leadership approach will complement our operational bench strength and further position us to deliver on our stated free cash flow objectives. In addition, his commitment to safety aligns strongly with our courage to care and objective to deliver safe production every shift."

About New Gold 

New Gold is a Canadian-focused intermediate mining Company with a portfolio of two core producing assets in Canada, the Rainy River gold mine and the New Afton copper-gold mine. New Gold's vision is to build a leading diversified intermediate gold company based in Canada that is committed to the environment and social responsibility. For further information on the Company, visit www.newgold.com. 

SOURCE New Gold Inc.

SOURCE: New Gold Inc.

For further information, please contact: Ankit Shah, Executive Vice President,
Strategy & Business Development, Direct: +1 (416) 324-6027, Email:
ankit.shah@newgold.com; Brandon Throop, Director, Investor Relations, Direct: +1
(647) 264-5027, Email: brandon.throop@newgold.com

COMTEX_463501795/2197/2025-03-11T06:30:00