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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): JULY 31 , 2006
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NEWGOLD, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
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DELAWARE 0-20722 16-1400479
(STATE OR OTHER JURISDICTION (COMMISSION FILE NUMBER) (IRS EMPLOYER
OF INCORPORATION) IDENTIFICATION NO.)
400 CAPITOL MALL, SUITE 900
SACRAMENTO, CA 95814
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (916) 449-3913
SAME
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT.)
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
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ITEM 5.02 ELECTION OF DIRECTOR
On July 31, 2006, the Board of Directors appointed Terrence Lynch to
join the Board as a director. Mr. Lynch joins A. Scott Dockter and James Kluber
as directors of Newgold, Inc. Mr. Lynch will be deemed an "independent" director
on the Board. Mr. Lynch is not presently designated to serve on any committee of
the Board.
Mr. Lynch is a partner with Kingsmill Capital Partners, a financial
advisory firm specializing in advising both public and private early stage
growth companies. Prior to joining Kingsmill Capital he spent fifteen years
operating start up companies in Industrial Products, Oil & Gas, and Media.
Experienced in developing the necessary financial structure to maximize a
company's ability to secure growth capital, Mr. Lynch has raised corporate
capital via debentures, limited partnerships, and royalty financing in addition
to conventional equity placements. Mr. Lynch graduated in 1981 from St. Francis
Xavier University with a joint honors degree in Economics and a BBA.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: August 10, 2006 NEWGOLD, INC.
By: /s/ JAMES KLUBER
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James Kluber
Chief Financial Officer
(Duly Authorized Officer)