New Gold to Discuss 2009 Fourth Quarter and Year End Results March 5, 2010
18 Februar 2010 - 10:01PM
PR Newswire (US)
VANCOUVER, Feb. 18 /PRNewswire-FirstCall/ -- New Gold Inc. ("New
Gold") (TSX and NYSE AMEX: NGD) will hold a conference call and
webcast on Friday, March 5th at 8:00am Eastern Standard Time to
discuss the 2009 fourth quarter and year end results. Anyone may
join the call by dialling toll free 1-866-696-5910 or
1-416-340-2217 to access the call from outside Canada or the U.S. -
Passcode 1356226. You can listen to a recorded playback of the call
after the event until April 16, 2010 by dialling 1-800-408-3053 or
1-416-695-5800 for calls outside Canada and the U.S. Passcode
5620573. A live and archived webcast will also be available at
http://www.newgold.com/. About New Gold New Gold is an intermediate
gold mining company with the Mesquite Mine in the United States,
Cerro San Pedro Mine in Mexico and Peak Mines in Australia. The
company is expected to produce between 330,000 and 360,000 ounces
of gold in 2010 growing to over 400,000 ounces in 2012. In
addition, New Gold has a strong portfolio of development and
exploration assets in North and South America. For further
information on the company, please visit http://www.newgold.com/.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain
information contained in this press release, including any
information relating to New Gold's future financial or operating
performance may be deemed "forward looking". All statements in this
press release, other than statements of historical fact, that
address events or developments that New Gold expects to occur, are
"forward-looking statements". Forward-looking statements are
statements that are not historical facts and are generally, but not
always, identified by the words "expects", "does not expect",
"plans", "anticipates", "does not anticipate", "believes",
"intends", "estimates", "projects", "potential", "scheduled",
"forecast", "budget" and similar expressions, or that events or
conditions "will", "would", "may", "could", "should" or "might"
occur. All such forward looking statements are based on the
opinions and estimates of management as of the date such statements
are made and are subject to important risk factors and
uncertainties, many of which are beyond New Gold's ability to
control or predict. Forward-looking statements are necessarily
based on estimates and assumptions that are inherently subject to
known and unknown risks, uncertainties and other factors that may
cause New Gold's actual results, level of activity, performance or
achievements to be materially different from those expressed or
implied by such forward-looking statements. Such factors include,
without limitation: significant capital requirements; fluctuations
in the international currency markets and in the rates of exchange
of the currencies of Canada, the United States, Australia, Brazil,
Mexico and Chile; price volatility in the spot and forward markets
for commodities; impact of any hedging activities, including margin
limits and margin calls; discrepancies between actual and estimated
production, between actual and estimated reserves and resources and
between actual and estimated metallurgical recoveries; changes in
national and local government legislation in Canada, the United
States, Australia, Brazil, Mexico and Chile or any other country in
which New Gold currently or may in the future carry on business;
taxation; controls, regulations and political or economic
developments in the countries in which New Gold does or may carry
on business; the speculative nature of mineral exploration and
development, including the risks of obtaining and maintaining the
validity and enforceability of the necessary licenses and permits
and complying with the permitting requirements of each jurisdiction
that New Gold operates, including, but not limited to, Mexico,
where New Gold is involved with ongoing challenges relating to its
environmental impact statement for Cerro San Pedro Mine; the lack
of certainty with respect to the Mexican and other foreign legal
systems, which may not be immune from the influence of political
pressure, corruption or other factors that are inconsistent with
the rule of law; the uncertainties inherent to current and future
legal challenges the company is or may become a party to, including
the third party claim related to the El Morro transaction with
respect to New Gold's exercise of its right of first refusal on the
El Morro copper-gold project in Chile and its partnership with
Goldcorp Inc., which transaction and third party claim were
announced by New Gold in January 2010; diminishing quantities or
grades of reserves; competition; loss of key employees; additional
funding requirements; actual results of current exploration or
reclamation activities; changes in project parameters as plans
continue to be refined; accidents; labour disputes; defective title
to mineral claims or property or contests over claims to mineral
properties. In addition, there are risks and hazards associated
with the business of mineral exploration, development and mining,
including environmental hazards, industrial accidents, unusual or
unexpected formations, pressures, cave-ins, flooding and gold
bullion losses (and the risk of inadequate insurance or inability
to obtain insurance, to cover these risks) as well as "Risks
Factors" included in New Gold's Annual Information Form filed on
March 31, 2009 and Management Information Circular filed on April
15, 2009, both available at http://www.sedar.com/. Forward-looking
statements are not guarantees of future performance, and actual
results and future events could materially differ from those
anticipated in such statements. All of the forward-looking
statements contained in this press release are qualified by these
cautionary statements. New Gold expressly disclaims any intention
or obligation to update or revise any forward-looking statements,
whether as a result of new information, events or otherwise, except
in accordance with applicable securities laws. DATASOURCE: New Gold
Inc. CONTACT: Hannes Portmann, Vice President, Corporate
Development, New Gold Inc., Direct: (416) 324-6014, Email: ,
Website: http://www.newgold.com/
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