New Gold welcomes Western Goldfields shareholders. Following the completion of the Business Transaction announced June 1, 2009 and pursuant to the Plan of Arrangement, New Gold has acquired all of the issued and outstanding common shares of Western Goldfields in consideration for the issuance by New Gold of one common share of New Gold and Cdn$0.0001 for each Western Goldfields common share outstanding. Western Goldfields ceased trading on the NYSE Amex and the Toronto Stock Exchange June 2 and June 4, 2009 respectively. New Gold’s transfer agent, Computershare, has issued New Gold shares in exchange for Western Goldfields shares in connection with the Plan of Arrangement.

Western Goldfields shareholders should send their completed and executed letters of transmittal and Western Goldfields share certificates to Computershare as soon as possible in order to receive the shares and the consideration to which they are entitled pursuant to the plan of arrangement. A copy of the letter of transmittal is available below, along with additional information you may find useful.

Downloads

Letter of Transmittal
Management Information Circular
News Release: New Gold Provides an Update Regarding Western Goldfields Share Exchange
News Release: New Gold Completes Cdn$1.2 Billion Business Combination with Western Goldfields
June 2009 Fact Sheet
June 2009 Corporate Presentation
BNN Interview March 4, 2009

Highlights of the Transaction:

Diversified gold production base from three gold mines in mining-friendly jurisdictions with forecasted gold production of approximately 335,000 ounces in 2009, expected to grow to over 400,000 ounces in 2012
Strong cash flow to fully fund the development at the New Afton gold-copper project in British Columbia
Delivers on industry consolidation in a rising gold price environment
Combines experienced management teams and boards of directors
Enhances market presence
Increases mineable reserves totaling 7.6 million gold ounces within a measured and indicated resource of 12.2 million gold ounces