EXHIBIT 99.2
May 7, 2025
British Columbia Securities Commission
Alberta Securities Commission
Autorite des marche financiers
Manitoba Securities Commission
New Brunswick Securities Commission
Nova Scotia Securities Commission
Ontario Securities Commission
Registrar of Securities, Nunavut
Saskatchewan Securities Commission
Superintendent of Securities, Newfoundland and Labrador
Superintendent of Securities, Prince Edward Island
Superintendent of Securities, Yukon Territory
Superintendent of Securities, Northwest Territories
Toronto Stock Exchange
Re: Report of Voting Results
In accordance with Section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, we advise of the results of the voting on the matters submitted to the virtual annual general and special meeting (“Meeting”) of the shareholders of New Gold Inc. (“Company”) held on May 6, 2025.
The matters voted on at the Meeting and the results of the voting were as follows:
Item 1: Setting the size of the board of directors
On a vote by ballot, the number of directors of the Company is set at nine. The results of the ballot on this matter were as follows:
| Number of Shares | Percentage of Votes Cast | ||
Votes For |
Votes Against | Votes For | Votes Against |
| 523,037,236 | 2,462,268 | 99.53 % | 0.47 % |
New Gold Inc. Brookfield Place, 181 Bay Street, Suite 3320, Toronto, ON M5J 2T3 www.newgold.com
| T +1 416 324 6000 F +1 647 776 7554 |
Item 2: Election of Directors
On a vote by ballot, each of the nine nominees in the Company’s management information circular dated March 21, 2025 (“Circular”) were elected as directors of the Company. The results of the ballot on this matter were as follows:
| Director Nominee | Number of Shares | Percentage of Votes Cast | ||
| Votes For | Votes Withheld | Votes For | Votes Withheld | |
| Patrick Godin | 428,081,129 | 1,303,979 | 99.70% | 0.30% |
| Sophie Bergeron | 427,630,255 | 1,754,853 | 99.59% | 0.41% |
| Ross Bhappu | 427,911,430 | 1,473,678 | 99.66% | 0.34% |
| Nicholas Chirekos | 394,885,856 | 34,499,252 | 91.97% | 8.03% |
| Gillian Davidson | 426,373,176 | 3,011,932 | 99.30% | 0.70% |
| Thomas McCulley | 427,919,939 | 1,465,169 | 99.66% | 0.34% |
| Christian Milau | 424,822,124 | 4,562,984 | 98.94% | 1.06% |
| Richard O’Brien | 405,488,179 | 23,896,929 | 94.43% | 5.57% |
| Marilyn Schonberner | 426,184,735 | 3,200,373 | 99.25% | 0.75% |
New Gold Inc. Brookfield Place, 181 Bay Street, Suite 3320, Toronto, ON M5J 2T3 www.newgold.com
| T +1 416 324 6000 F +1 647 776 7554 |
Item 3: Appointment of Auditor
On a vote by ballot, Deloitte LLP was appointed as the auditor of the Company to hold office until the close of the next annual meeting of shareholders and the directors of the Company were authorized to fix the remuneration of the auditor. The results of the ballot on this matter were as follows:
| Number of Shares | Percentage of Votes Cast | ||
Votes For |
Votes Withheld | Votes For | Votes Withheld |
| 506,632,235 | 18,867,269 | 96.41% | 3.59% |
Item 4: Approval of amendments to the Company’s long term incentive plan (the “Plan”) and approval of all unallocated performance share units issuable under the Plan
On a vote by ballot, amendments to the Plan were approved and all unallocated performance share units issuable under the Plan were approved and authorized until May 6, 2028. The results of the ballot on this matter were as follows:
| Number of Shares | Percentage of Votes Cast | ||
Votes For |
Votes Against | Votes For | Votes Against |
| 401,295,940 | 28,089,168 | 93.46 % | 6.54 % |
Item 5: Say on Pay Advisory Vote
On a vote by ballot, the shareholders accepted the Board of Director’s approach to executive compensation. The results of the ballot on this matter were as follows:
| Number of Shares | Percentage of Votes Cast | ||
Votes For |
Votes Against | Votes For | Votes Against |
| 405,189,666 | 24,195,443 | 94.37% | 5.63% |
New Gold Inc.
/s/ Sean Keating
Sean Keating
Vice President, General Counsel and Corporate Secretary
New Gold Inc. Brookfield Place, 181 Bay Street, Suite 3320, Toronto, ON M5J 2T3 www.newgold.com
| T +1 416 324 6000 F +1 647 776 7554 |