New Gold Inc. announced that, pursuant to the terms of the indenture governing its 7.50% Senior Notes due 2027 (the 2027 Notes), it has issued a notice of redemption to redeem the remaining $111 million aggregate principal amount of
outstanding 2027 Notes on July 15, 2025. The redemption of the 2027 Notes will be funded with the remaining proceeds from the Company's March 2025 senior notes offering, together with cash on hand.