New gold consolidates 100% interest in its new afton mine

(all dollar figures are in us dollars unless otherwise indicated) toronto , april 7, 2025 /prnewswire/ - new gold inc. ("new gold" or the "company") (tsx: ngd) (nyse american: ngd) is pleased to announce that it has entered into an agreement with ontario teachers' pension plan ("ontario teachers'") to acquire the remaining 19.9% free cash flow interest in the company's new afton mine ("new afton") (the "transaction"). following the transaction, the company will have fully consolidated its free cash flow interest in new afton to 100%.
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