Trading Symbols & Warrant Information

It is expected that the common shares for both Peak Gold and Metallica will begin trading as New Gold (TSX and AMEX: NGD) at market open on July 7, 2008. In addition, it is expected that the warrants for both Peak Gold and Metallica will begin trading as New Gold on the TSX at market open on July 7, 2008. The New Gold warrant trading symbols and terms are summarized as follows:

Former Symbols/Cusip# Former Terms New Symbols/Cusip# New Terms
NGD.WT
Cusip No. 644535122
1 warrant + $15.00 = 1 common share expiry June 28, 2017 NGD.WT.A
Cusip No. 644535122
Same as former terms
PIK.WT
Cusip No. 70468J1140
Ex.: 1 warrant + $1.50 = 1 Peak Gold common share; expiry April 3, 2012 NGD.WT.B
Cusip No. 644535130
Ex: 10 warrants + $15.00 = 1 New Gold common share plus $0.001 per common share; expiry April 3, 2012
PIK.WT.A
Cusip No. 70468J130
Ex.: 1 warrant + $0.90 = 1 Peak Gold common share; expiry November 28, 2012 NGD.WT.C
Cusip No. 644535148
Ex.: 10 warrants+ $9.00 = 1 New Gold common share plus $0.001; expiry November 28, 2012
MR.WT
Cusip No. 59125J120
Ex.: 1 warrant + $3.10 = 1 Metallica  common share expiry December 11, 2008 NGD.WT.D
Cusip No. 644535155
Ex.: 1 warrant + $3.10 = 0.9 New Gold common share plus $0.0001; expiry December 11, 2008