New Gold Completes Partial Redemption of Outstanding 6.375% Senior Notes


Toronto, Ontario (December 23, 2020) – New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) today announced that it has completed the previously announced partial redemption of $200 million aggregate principal amount of its outstanding 6.375% Senior Notes due 2025. The redemption was funded with cash
on hand.

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