Q3 2025 Financial Results and New Afton Acquisition Completion

New Gold Inc. reported unaudited financial results for Q3 2025, with revenues of $462.5 million and net earnings of $42.3 million for the quarter. For the nine-month period, revenues totaled $980 million with net earnings of $194.2 million, reflecting improved performance compared to 2024. The filing highlights the completion of the acquisition of the remaining 19.9% free cash flow interest in the New Afton Mine from Ontario Teachers' Pension Plan in May 2025, funded through a $300 million cash payment using credit facilities, a gold prepayment obligation, and existing liquidity. This transaction eliminated contingent liabilities and consolidated New Gold's ownership of New Afton. Operational updates include a $3.3 million restructuring charge for executive leadership changes and increased capital expenditures ($242.9 million YTD) focused on mine development. Segment performance shows Rainy River contributing significantly to earnings ($221.8 million in Q3), while derivative liabilities related to gold prepayment and stream obligations impacted financial positioning. The company maintained a strong liquidity position with $123.3 million in cash and a $400 million credit facility.