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NEW GOLD ANNOUNCES DIRECTOR DEPARTURE

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New Gold Inc. (NYSE American: NGD) announced the immediate resignation of Christian Milau from its Board of Directors. Board Chair Richard O'Brien acknowledged Milau's contributions during his one-year tenure, highlighting the company's corporate development activities and operational achievements during this period.

O'Brien reaffirmed New Gold's strategic positioning and its ongoing commitment to becoming a leading intermediate gold producer.

New Gold Inc. (NYSE American: NGD) ha comunicato le dimissioni immediate di Christian Milau dal Consiglio di Amministrazione. Il Presidente del Consiglio, Richard O'Brien, ha riconosciuto i contributi di Milau durante il suo anno di mandato, sottolineando le attività di sviluppo aziendale e i risultati operativi raggiunti nel periodo.

O'Brien ha ribadito il posizionamento strategico di New Gold e l'impegno continuo della società a diventare un principale produttore d'oro di taglia intermedia.

New Gold Inc. (NYSE American: NGD) anunció la renuncia inmediata de Christian Milau a su Junta Directiva. El presidente del consejo, Richard O'Brien, reconoció las contribuciones de Milau durante su año en el cargo, destacando las actividades de desarrollo corporativo y los logros operativos alcanzados en ese tiempo.

O'Brien reafirmó el posicionamiento estratégico de New Gold y el compromiso continuo de la compañía para convertirse en un productor intermedio líder de oro.

New Gold Inc. (NYSE American: NGD)는 크리스티안 밀라우가 이사회에서 즉시 사임했다고 발표했습니다. 이사회 의장 리처드 오브라이언은 1년 임기 동안 밀라우의 기여를 인정하며, 해당 기간의 기업 개발 활동과 운영 성과를 강조했습니다.

오브라이언은 뉴골드의 전략적 위치와 중견(인터미디어트) 금 생산업체로서 선도적 지위를 확보하겠다는 회사의 지속적 의지를 재확인했습니다.

New Gold Inc. (NYSE American: NGD) a annoncé la démission immédiate de Christian Milau de son conseil d'administration. Le président du conseil, Richard O'Brien, a salué l'apport de Milau au cours de son année de mandat, en soulignant les activités de développement corporatif et les performances opérationnelles réalisées pendant cette période.

O'Brien a réaffirmé le positionnement stratégique de New Gold et l'engagement constant de la société à devenir un producteur d'or intermédiaire de premier plan.

New Gold Inc. (NYSE American: NGD) hat den sofortigen Rücktritt von Christian Milau aus dem Vorstand bekanntgegeben. Der Vorstandsvorsitzende Richard O'Brien würdigte Milaus Beiträge während seiner einjährigen Amtszeit und hob die unternehmensstrategischen Entwicklungen sowie die operativen Erfolge in diesem Zeitraum hervor.

O'Brien bekräftigte New Golds strategische Ausrichtung und das fortdauernde Bestreben des Unternehmens, ein führender mittelgroßer Goldproduzent zu werden.

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New Gold Inc. Logo (CNW Group/New Gold Inc.)

TORONTO, Aug. 18, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) announces the resignation of Christian Milau from the Board of Directors (the "Board"), effective immediately, to pursue other opportunities.

"On behalf of the Board and the team at New Gold, I would like to thank Christian for his contributions over the past year," said Richard O'Brien, Chair of the Board. "New Gold was active during Christian's tenure, with many corporate development activities and other operational achievements, and we remain well positioned to achieve our goal of being a leading intermediate gold producer. We wish Christian all the best on his future endeavors."

About New Gold

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 our shareholders and stakeholders. For further information on the Company, visit www.newgold.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/new-gold-announces-director-departure-302531621.html

SOURCE New Gold Inc.

FAQ

Who resigned from New Gold's (NGD) Board of Directors in August 2025?

Christian Milau resigned from New Gold's Board of Directors, effective immediately, to pursue other opportunities.

How long did Christian Milau serve on New Gold's Board?

Christian Milau served on New Gold's Board for approximately one year before his resignation in August 2025.

Who is the current Chair of New Gold's (NGD) Board?

Richard O'Brien is the current Chair of New Gold's Board of Directors.

What is New Gold's (NGD) strategic goal as mentioned in the announcement?

New Gold's strategic goal is to become a leading intermediate gold producer.
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