Mr. Ankit Shah reports

NEW GOLD OBTAINS FINAL COURT APPROVAL FOR PLAN OF ARRANGEMENT WITH COEUR MINING

The Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement under the Business Corporations Act (British Columbia), whereby a wholly owned subsidiary of Coeur Mining Inc. will acquire all of the issued and outstanding common shares of New Gold Inc.

The transaction remains subject to approval under the Investment Canada Act and the satisfaction of certain other customary closing conditions for transactions of this nature. It is currently anticipated that the transaction will close in the first half of 2026.

For further information regarding the transaction, please refer to New Gold's management information circular dated Dec. 19, 2025, which is available under New Gold's issuer profiles on SEDAR+ and EDGAR.

About New Gold Inc.

New Gold is a Canadian-focused intermediate mining company with a portfolio of two core producing assets in Canada, the New Afton copper-gold mine and the Rainy River gold mine. New Gold's vision is to be the most valued intermediate gold and copper producer through profitable and responsible mining for its shareholders and stakeholders.

We seek Safe Harbor.