#Canada #Toronto #Annual General Meeting #New Gold Inc. #Peggy Mulligan

New Gold Inc. Management Updates

New Gold Inc. is moving forward with significant updates as it prepares for its upcoming annual general meeting of shareholders, scheduled for May 6, 2025. On March 31, 2025, the company announced the mailing of its Management Information Circular, an essential document that outlines important details for shareholders. This circular is pivotal for informing investors about various matters to be discussed during the meeting.

Management Information Circular Details

The Management Information Circular has been made available to shareholders through the notice and access process set up by Canadian securities regulators. This ensures that the Circular is not only efficiently distributed but also easily accessible for every shareholder. Moreover, it can be found on New Gold's official website as well as on the Canadian Securities Administrators' SEDAR+ system and the U.S. Securities and Exchange Commission's EDGAR platform.

This practice aims to enhance engagement and participation among shareholders, emphasizing transparency and communication within the company.

Director Re-Election Announcement

In a significant development, New Gold announced that Margaret (Peggy) Mulligan will not be seeking re-election to the board during this meeting. Mulligan's resignation coincides with the mailing of the Management Circular, marking the end of her seven-year tenure on New Gold's Board of Directors. During her time, she played a crucial role in steering the company towards a position that favors shareholder value and stakeholder engagement.

Richard O'Brien, Chair of the Board, expressed gratitude for Peggy’s contributions, noting her impressive commitment and influence in reshaping New Gold. O’Brien stated, "Peggy has demonstrated an exceptional level of commitment during her seven years on the Board, and her contribution has been instrumental in repositioning New Gold as a value generator for shareholders and stakeholders."

Virtual Annual General Meeting

To facilitate maximum accessibility, the upcoming annual general meeting will be held virtually. This innovative approach allows shareholders across various geographic locations to attend the meeting conveniently. Participants can join through a designated online portal, enabling them to ask questions and vote during the event. Non-registered shareholders must pay close attention to the guidelines specified in the Circular to participate effectively.

While every shareholder can attend the virtual meeting, only registered shareholders and those who have properly appointed proxyholders will have the opportunity to vote or ask questions during the live session. Other stakeholders, including non-registered shareholders, will still have access to a live webcast of the meeting, ensuring transparency and inclusivity in company proceedings.

Existing Financial Statements and Reporting

As part of the preparations, New Gold also filed its Annual Information Form with relevant Canadian authorities and its Annual Report on Form 40-F in the United States as of February 24, 2025. These important documents detail New Gold's financial performance and strategic outlook, and they are accessible on the company’s official website, ensuring that stakeholders have all necessary information pertaining to the company’s operations and future direction.

Company Overview

New Gold is a prominent mining company in Canada, focusing on intermediate production with key assets such as the Rainy River gold mine and the New Afton copper-gold mine. The company aims to build on its commitment to environmental and social responsibility while ensuring sustainable growth in the mining industry. For further details on the company’s progress and initiatives, shareholders can explore New Gold's official website at www.newgold.com.

Conclusion

As New Gold prepares for its annual general meeting, the upcoming discussions promise to be significant for both shareholders and the company's strategic direction. With an emphasis on transparency and accessibility, New Gold is positioning itself favorably to navigate the future of the mining industry.