Eric Winmill

Anita Soni

Jeremy Hoy

Michael Parkin

Lawson Winder

Michael Siperco

Mohamed Sidibe

- Newcore Gold Ltd. received approximately **$3.8 million** from the exercise of **9,558,578 common share purchase warrants** that expired on **September 26, 2025**, at an exercise price of **$0.40**.  **[800166_8c756bcff3a148a8be3d0f0ff5c1ea49_0]** 
- This funding, combined with the company's existing cash balance of approximately **$10.1 million**, will support a **35,000-metre drill program** and development work for a **Pre-Feasibility Study in H1 2026** for the Enchi Gold Project in Ghana.  **[800166_8c756bcff3a148a8be3d0f0ff5c1ea49_0]** 
- Post-exercise, the company's share capital consists of **262,986,096 common shares issued and outstanding**.  **[800166_8c756bcff3a148a8be3d0f0ff5c1ea49_0]**  An additional tranche of warrants, if fully exercised, could provide approximately **$10.2 million** in further funding.  **[800166_8c756bcff3a148a8be3d0f0ff5c1ea49_0]**

New Gold Inc. /FI (NGD)