CA Market News
2月前
The $11B Mining Pivot: Why Capital is Securing High-Grade Gold & Silver AssetsMarch 25, 2026 10:15 AM
PR Newswire (Canada)
Issued on behalf of Golden Goose Resources Corp.VANCOUVER, BC, March 25, 2026 /CNW/ -- USANewsGroup.com Commentary - Global gold mine production is hitting a wall. High-grade discoveries are simply getting harder to find and structurally tougher to bring online[1]. Because of this, smart capital is strategically rotating toward scalable assets capable of replacing rapidly draining supplies. January 2026 alone saw over $11 billion in mining transactions. More than 77% of that merger and acquisition capital zeroed in on gold and silver[2]. Senior producers are making pivotal moves to secure ounces right now, knowing the supply response will lag behind price signals for years. Against this highly favorable backdrop, a select group of undervalued and resilient companies occupy a critical space from early discovery to transformational consolidation: Golden Goose Resources (CSE: GGR) (OTCQB: GGRFF), Coeur Mining (NYSE: CDE) (TSX: CDE), New Gold (NYSE: NGD) (TSX: NGD), New Found Gold (NYSE-A: NFGC) (TSXV: NFG), and Dolly Varden Silver (NYSE-A: DVS) (TSXV: DV).
Institutional investors are fundamentally changing how they position for gold in 2026. The focus is now strictly on quality over quantity. The World Gold Council points out that stretched equity valuations and ongoing geopolitical risks are the main factors pushing broad capital toward high-margin, Tier 1 jurisdiction assets[3]. This structural market shift is further backed by central bank reserve data. We are seeing broad sovereign wealth accumulation across emerging markets, which sends a clear signal that physical scarcity is currently being priced in at every single level of the capital stack[4].Golden Goose Resources (CSE: GGR) (OTCQB: GGRFF) recently launched the first phase of field work at its Gran Esperanza gold-silver project in Argentina's Río Negro Province, with geological crews now on the ground conducting systematic mapping and channel sampling across the 44,400-hectare property.The work is focused on defining the extent of an epithermal vein system, the same type of geological structure responsible for many of the world's high-grade gold deposits. Crews are sampling exposed quartz veins at roughly 50-metre intervals, while also conducting structural mapping within key mineralized corridors to identify where gold and silver concentrations are strongest and most consistent.What makes this phase meaningful is what it leads to. The data collected here is specifically intended to build the geological case for diamond drilling, which is the step that turns a promising exploration property into something that can be formally valued. For a company at this stage, that transition is what investors are watching for.The historical results from Gran Esperanza give context for why the ground work is worth doing. Channel samples have returned 2.0 metres at 24.0 g/t gold, 5.0 metres at 13.1 g/t gold, and 1.3 metres at 11.5 g/t gold, with rock chips grading up to 24.4 g/t gold. A site visit as recently as December 2025 returned a rock chip at 14.34 g/t gold. Previous exploration totalled 30 trenches across 2,937 metres of exposed veins, 690 channel samples, and over 10 kilometres of mapped epithermal vein trend.Location adds another dimension to the story. Gran Esperanza sits adjacent to a gold project currently being drilled by Southern Copper and near the Calcatreu Project, which is already in active development. That kind of neighbourhood does not guarantee results, but it does confirm that the broader district has attracted serious capital and serious operators."We are pleased to initiate this important phase of exploration at Gran Esperanza," said Dustin Nanos, CEO of Golden Goose. "This systematic program is designed to generate critical geological and geochemical data that will enhance our understanding of the scale and continuity of mineralization on the Property. Our objective is to methodically advance the Project and establish a strong technical foundation for additional programs including diamond drilling."The property is accessible year-round and sits two kilometres from a highway, which keeps logistics manageable and field costs predictable as the program scales.In addition to Gran Esperanza, GGR holds the Goldfire Property in Quebec near Gold Fields' Windfall Project, and a controlling interest in the El Quemado Project in Salta Province, Argentina, giving it a diversified portfolio of early-stage exploration exposure across two continents.CONTINUED… Read this and more news for Golden Goose Resources at:https://usanewsgroup.com/2026/01/28/two-gold-projects-two-major-neighbors-what-does-this-junior-know-that-the-market-doesnt/In other industry developments:Coeur Mining (NYSE: CDE) (TSX: CDE) completed its acquisition of New Gold (NYSE: NGD) (TSX: NGD) on March 20, 2026, adding the New Afton gold-copper mine in British Columbia and the Rainy River gold-silver mine in Ontario to its portfolio of five existing North American operations. The combined platform lifts Coeur Mining's 2026 consolidated gold production guidance to 680,000–815,000 ounces (an 80% increase over its prior standalone gold production) alongside 18.7–21.9 million ounces of silver and 50–65 million pounds of copper."Today marks an important milestone in Coeur's transformation to the sector's newest senior precious metals producer," said Mitchell J. Krebs, Chairman, President and CEO of Coeur Mining. "The tremendous free cash flow profile from our combined platform of seven North American operations will allow the Company to meaningfully accelerate and enlarge its return of capital strategy while also further bolstering our overall liquidity position. This strong financial position — along with the deep and talented combined team we are creating — will give us the flexibility to fund a pipeline of attractive organic growth projects and emerging new opportunities such as progressing the K-Zone at New Afton, advancing studies at our Silvertip silver project, and investing in high-return exploration programs across the portfolio."New Afton's maiden K-Zone resource of 47.6 million tonnes containing 715,000 ounces of gold and 606 million pounds of copper remains open laterally and at depth, with a feasibility study expected to commence in the second half of 2026. Coeur Mining has authorized an expanded $750 million share repurchase program and an inaugural $0.02 per share semiannual dividend, supported by a new $1.0 billion revolving credit facility that replaces the prior $400 million facility.New Found Gold (NYSE-A: NFGC) (TSXV: NFG) has filed a technical report supporting the Preliminary Economic Assessment for its 100%-owned Hammerdown Gold Project in Newfoundland and Labrador, effective February 18, 2026. The company is simultaneously advancing its flagship Queensway Gold Project, where a July 2025 PEA has been completed and recent drilling continues to identify new discoveries along a +110 kilometre strike extent across two prospective fault zones."New Found Gold is an emerging Canadian gold producer focused on advancing Queensway to production and bringing the Hammerdown deposit into commercial gold production," said Keith Boyle, CEO of New Found Gold. "The Company is focused on growth and value creation."Orla enters 2026 with $420.8 million in cash and $480.8 million in total liquidity, with construction of the South Railroad Project in Nevada on track for a mid-year start that is expected to push consolidated annual production toward 500,000 ounces. New Found Gold holds cornerstone investment from Eric Sprott and continues to build its board and management team following a full restructuring in 2025, positioning both projects for near-term production milestones.Dolly Varden Silver (NYSE-A: DVS) (TSXV: DV) reported strong 2025 drill results from its Homestake Silver Deposit in British Columbia's Golden Triangle, with highlight hole HR25-466 intersecting 4.66 g/t gold and 33 g/t silver over 48.49 meters, including 52.15 g/t gold and 306 g/t silver over 1.01 meters. A total of 56,131 meters were drilled across 86 holes during the 2025 season at the Kitsault Valley Project, with approximately 40% of drilling focused on Homestake Ridge step-outs and infill."The 2025 drill program at the Homestake Silver Deposit successfully expanded and infilled at the Mineral Resource area, demonstrating strong gold and silver grades over potentially underground bulk-mineable widths," said Shawn Khunkhun, President and CEO of Dolly Varden Silver. "The deposit remains open for expansion, and we look forward to accelerating drilling and engineering studies to advance the Homestake Main and Homestake Silver Deposits during 2026."Expansion drilling confirmed the system remains open along plunge and at depth, with step-out hole HR25-458 intersecting 2.50 g/t gold over 80.00 meters to the north and down-dip hole HR25-483 returning 6.14 g/t gold over 10.66 meters. Dolly Varden Silver controls approximately 100,000 hectares of prospective tenure in the Golden Triangle, including five past-producing high-grade silver mines.Article Source: https://usanewsgroup.comCONTACT:USA NEWS GROUPinfo @acblanke1SOURCES:https://www.gold.org/goldhub/gold-focus/2026/03/you-asked-we-answered-are-we-running-out-goldhttps://discoveryalert.com.au/contemporary-mining-industry-consolidation-2026/https://www.gold.org/goldhub/research/why-gold-2026-cross-asset-perspectivehttps://www.gold.org/goldhub/gold-focus/2026/03/central-bank-gold-statistics-momentum-eases-january-while-demand-baseDISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is is being distributed for Maynard Communications ("MAY"), who has been paid a fee for an advertising campaign. MIQ has not been paid a fee for Golden Goose Resources Corp. advertising or digital media, but expects to be paid a fee from ("MAY"). There may be 3rd parties who may have shares of Golden Goose Resources Corp, and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Golden Goose Resources Corp. which were purchased in the open market, and reserve the right to buy and sell, and will buy and sell shares of Golden Goose Resources Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been approved by Golden Goose Resources Corp.; this is a paid advertisement, we currently own shares of Golden Goose Resources Corp. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.Logo - https://mma.prnewswire.com/media/2838876/5881817/USA_News_Group_Logo.jpg
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Original: The $11B Mining Pivot: Why Capital is Securing High-Grade Gold & Silver Assets
CA Market News
2月前
New Gold Completes Arrangement with Coeur MiningMarch 20, 2026 8:38 AM
PR Newswire (Canada)
TORONTO, March 20, 2026 /CNW/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce the successful completion of the previously announced plan of arrangement whereby a wholly-owned subsidiary of Coeur Mining, Inc. ("Coeur") has acquired all of the issued and outstanding shares of New Gold (the "Transaction"). Under the terms of the Transaction, New Gold shareholders received 0.4959 shares of Coeur common stock for each New Gold common share held.Shortly following the completion of the Transaction, New Gold common shares will be de-listed from the Toronto Stock Exchange (the "TSX") and the NYSE American. Coeur also intends to cause New Gold to apply to cease to be a reporting issuer under applicable Canadian securities laws. Shares of Coeur common stock are listed on the New York Stock Exchange and the TSX.About New Gold New Gold is a Canadian-focused intermediate mining Company with a portfolio of two core producing assets in Canada, the New Afton copper-gold mine and the Rainy River gold mine. New Gold's vision is to be the most valued intermediate gold and copper producer through profitable and responsible mining for our shareholders and stakeholders. For further information on the Company, visit www.newgold.com.Forward-Looking Statements and Cautionary StatementsCertain statements in this press release concerning the proposed Transaction, including any statements regarding the expected timetable, the results, effects, benefits and synergies of the Transaction, future opportunities for the combined company, future financial performance and condition, guidance and any other statements regarding New Gold's future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts are "forward-looking" statements based on assumptions currently believed to be valid. Forward-looking statements are all statements other than statements of historical facts. The words "anticipate," "believe," "ensure," "expect," "if," "intend," "estimate," "probable," "project," "forecasts," "predict," "outlook," "aim," "will," "could," "should," "would," "potential," "may," "might," "likely," "plan," "positioned," "strategy," and similar expressions or other words of similar meaning, and the negatives thereof, are intended to identify forward-looking statements. Specific forward-looking statements include, but are not limited to, statements regarding New Gold's plans and expectations with respect to the proposed Transaction; the timing of various steps to be completed in connection with the Transaction; and other statements that are not historical facts. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the United States Securities Act of 1933, Section 21E of the United States Securities Exchange Act of 1934, the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws.These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those anticipated, including, but not limited to, potential adverse reactions or changes to business or employee relationships of New Gold, including those resulting from the completion of the Transaction; the ultimate timing, outcome and results of integrating the operations of New Gold and Coeur; the effects of the business combination of New Gold and Coeur, including the combined company's future financial condition, results of operations, strategy and plans; the ability of the combined company to realize anticipated synergies in the timeframe expected or at all; changes in capital markets and the ability of the combined company to finance operations in the manner expected; the expected listing of shares on the New York Stock Exchange; the risk of any litigation relating to the Transaction; the risk of changes in governmental regulations or enforcement practices; the effects of commodity prices; life of mine estimates; the timing and amount of estimated future production; the risks of mining activities; and that operating costs and business disruption may be greater than expected following the consummation of the Transaction. Expectations regarding business outlook, including changes in revenue, pricing, capital expenditures, cash flow generation, strategies for the combined company's operations, gold and silver market conditions, legal, economic and regulatory conditions, and environmental matters are only forecasts regarding these matters, and are subject to risks, uncertainties and assumptions that may prove incorrect.Additional factors that could cause actual results to differ materially from those described above can be found in the New Gold's management information circular dated December 19, 2025 under the heading "Risk Factors", including those incorporated by reference therein, New Gold's annual information form for the year ended December 31, 2024, which is available under New Gold's issuer profiles on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov and from New Gold's website at www.newgold.com under the "Investors" tab, and in other documents New Gold files with the SEC or on SEDAR+.All forward-looking statements speak only as of the date they are made and are based on information available at that time. New Gold does not assume any obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by applicable securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.
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Original: New Gold Completes Arrangement with Coeur Mining
CA Market News
3月前
New Gold Completes Arrangement with Coeur MiningMarch 20, 2026 7:57 AM
PR Newswire (US)
TORONTO, March 19, 2026 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce the successful completion of the previously announced plan of arrangement whereby a wholly-owned subsidiary of Coeur Mining, Inc. ("Coeur") has acquired all of the issued and outstanding shares of New Gold (the "Transaction"). Under the terms of the Transaction, New Gold shareholders received 0.4959 shares of Coeur common stock for each New Gold common share held.Shortly following the completion of the Transaction, New Gold common shares will be de-listed from the Toronto Stock Exchange (the "TSX") and the NYSE American. Coeur also intends to cause New Gold to apply to cease to be a reporting issuer under applicable Canadian securities laws. Shares of Coeur common stock are listed on the New York Stock Exchange and the TSX.About New Gold New Gold is a Canadian-focused intermediate mining Company with a portfolio of two core producing assets in Canada, the New Afton copper-gold mine and the Rainy River gold mine. New Gold's vision is to be the most valued intermediate gold and copper producer through profitable and responsible mining for our shareholders and stakeholders. For further information on the Company, visit www.newgold.com.Forward-Looking Statements and Cautionary StatementsCertain statements in this press release concerning the proposed Transaction, including any statements regarding the expected timetable, the results, effects, benefits and synergies of the Transaction, future opportunities for the combined company, future financial performance and condition, guidance and any other statements regarding New Gold's future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts are "forward-looking" statements based on assumptions currently believed to be valid. Forward-looking statements are all statements other than statements of historical facts. The words "anticipate," "believe," "ensure," "expect," "if," "intend," "estimate," "probable," "project," "forecasts," "predict," "outlook," "aim," "will," "could," "should," "would," "potential," "may," "might," "likely," "plan," "positioned," "strategy," and similar expressions or other words of similar meaning, and the negatives thereof, are intended to identify forward-looking statements. Specific forward-looking statements include, but are not limited to, statements regarding New Gold's plans and expectations with respect to the proposed Transaction; the timing of various steps to be completed in connection with the Transaction; and other statements that are not historical facts. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the United States Securities Act of 1933, Section 21E of the United States Securities Exchange Act of 1934, the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws.These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those anticipated, including, but not limited to, potential adverse reactions or changes to business or employee relationships of New Gold, including those resulting from the completion of the Transaction; the ultimate timing, outcome and results of integrating the operations of New Gold and Coeur; the effects of the business combination of New Gold and Coeur, including the combined company's future financial condition, results of operations, strategy and plans; the ability of the combined company to realize anticipated synergies in the timeframe expected or at all; changes in capital markets and the ability of the combined company to finance operations in the manner expected; the expected listing of shares on the New York Stock Exchange; the risk of any litigation relating to the Transaction; the risk of changes in governmental regulations or enforcement practices; the effects of commodity prices; life of mine estimates; the timing and amount of estimated future production; the risks of mining activities; and that operating costs and business disruption may be greater than expected following the consummation of the Transaction. Expectations regarding business outlook, including changes in revenue, pricing, capital expenditures, cash flow generation, strategies for the combined company's operations, gold and silver market conditions, legal, economic and regulatory conditions, and environmental matters are only forecasts regarding these matters, and are subject to risks, uncertainties and assumptions that may prove incorrect.Additional factors that could cause actual results to differ materially from those described above can be found in the New Gold's management information circular dated December 19, 2025 under the heading "Risk Factors", including those incorporated by reference therein, New Gold's annual information form for the year ended December 31, 2024, which is available under New Gold's issuer profiles on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov and from New Gold's website at www.newgold.com under the "Investors" tab, and in other documents New Gold files with the SEC or on SEDAR+.All forward-looking statements speak only as of the date they are made and are based on information available at that time. New Gold does not assume any obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by applicable securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.
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Original: New Gold Completes Arrangement with Coeur Mining
US Market News
4月前
New Gold Obtains Final Court Approval for Plan of Arrangement with Coeur MiningJanuary 30, 2026 5:00 PM
PR Newswire (Canada)
TORONTO, Jan. 30, 2026 /CNW/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE: NGD) is pleased to announce that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement under the Business Corporations Act (British Columbia), whereby a wholly-owned subsidiary of Coeur Mining, Inc. ("Coeur") (NYSE: CDE) will acquire all of the issued and outstanding common shares of New Gold (the "Transaction").The Transaction remains subject to approval under the Investment Canada Act and the satisfaction of certain other customary closing conditions for transactions of this nature. It is currently anticipated that the Transaction will close in the first half of 2026.For further information regarding the Transaction, please refer to New Gold's management information circular dated December 19, 2025 (the "Circular"), which is available under New Gold's issuer profiles on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov.About New Gold
New Gold is a Canadian-focused intermediate mining Company with a portfolio of two core producing assets in Canada, the New Afton copper-gold mine and the Rainy River gold mine. New Gold's vision is to be the most valued intermediate gold and copper producer through profitable and responsible mining for our shareholders and stakeholders. For further information on the Company, visit www.newgold.com. For further information, please contact:
Ankit Shah
Executive Vice President and Chief Strategy Officer
Direct: +1 (416) 324-6027
Email: ankit.shah@newgold.com
Brandon Throop
Director, Investor Relations
Direct: +1 (647) 264-5027
Email: brandon.throop@newgold.comForward-Looking Statements and Cautionary Statements
Certain statements in this press release concerning the proposed Transaction, including any statements regarding the expected timetable, the results, effects, benefits and synergies of the Transaction, future opportunities for the combined company, future financial performance and condition, guidance and any other statements regarding New Gold's future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts are "forward-looking" statements based on assumptions currently believed to be valid. Forward-looking statements are all statements other than statements of historical facts. The words "anticipate," "believe," "ensure," "expect," "if," "intend," "estimate," "probable," "project," "forecasts," "predict," "outlook," "aim," "will," "could," "should," "would," "potential," "may," "might," "likely," "plan," "positioned," "strategy," and similar expressions or other words of similar meaning, and the negatives thereof, are intended to identify forward-looking statements. Specific forward-looking statements include, but are not limited to, statements regarding New Gold's plans and expectations with respect to the proposed Transaction; the timing of various steps to be completed in connection with the Transaction; and other statements that are not historical facts. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the United States Securities Act of 1933, Section 21E of the United States Securities Exchange Act of 1934, the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws.These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those anticipated, including, but not limited to, the risk that any other condition to closing of the Transaction may not be satisfied; the risk that the closing of the Transaction might be delayed or not occur at all; the risk that the Transaction could be terminated by the parties in certain circumstances, including those in which New Gold would be required to pay a termination fee to Coeur; potential adverse reactions or changes to business or employee relationships of New Gold, including those resulting from the announcement or completion of the Transaction; the diversion of management time on Transaction-related issues; the ultimate timing, outcome and results of integrating the operations of New Gold and Coeur; the effects of the business combination of New Gold and Coeur, including the combined company's future financial condition, results of operations, strategy and plans; the ability of the combined company to realize anticipated synergies in the timeframe expected or at all; changes in capital markets and the ability of the combined company to finance operations in the manner expected; the risk that New Gold or Coeur may not receive the required stock exchange and regulatory approvals for the Transaction; the expected listing of shares on the New York Stock Exchange; the listing of Coeur common stock on the Toronto Stock Exchange; the risk of any litigation relating to the proposed Transaction; the risk of changes in governmental regulations or enforcement practices; the effects of commodity prices; life of mine estimates; the timing and amount of estimated future production; the risks of mining activities; and that operating costs and business disruption may be greater than expected following the public announcement or consummation of the Transaction. Expectations regarding business outlook, including changes in revenue, pricing, capital expenditures, cash flow generation, strategies for the combined company's operations, gold and silver market conditions, legal, economic and regulatory conditions, and environmental matters are only forecasts regarding these matters, and are subject to risks, uncertainties and assumptions that may prove incorrect.Additional factors that could cause actual results to differ materially from those described above can be found in the Circular under the heading "Risk Factors", including those incorporated by reference therein, New Gold's annual information form for the year ended December 31, 2024, which is on file with the SEC and on SEDAR+ and available from New Gold's website at www.newgold.com under the "Investors" tab and in other documents New Gold files with the SEC or on SEDAR+.All forward-looking statements speak only as of the date they are made and are based on information available at that time. New Gold does not assume any obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by applicable securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.
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Original: New Gold Obtains Final Court Approval for Plan of Arrangement with Coeur Mining
US Market News
4月前
Shareholders Overwhelmingly Support Plan of Arrangement with Coeur MiningJanuary 27, 2026 10:00 PM
PR Newswire (US)
New Gold and Coeur Shareholders Approve Plan of Arrangement at Respective MeetingsTORONTO, Jan. 27, 2026 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce that at a special meeting of shareholders (the "Meeting") held earlier today, holders of New Gold's common shares (the "Shareholders") voted in favour of the special resolution (the "Arrangement Resolution") approving the previously announced plan of arrangement under the Business Corporations Act (British Columbia), whereby a wholly-owned subsidiary of Coeur Mining, Inc. ("Coeur") (NYSE: CDE) will acquire all of the issued and outstanding common shares of New Gold (the "Transaction").
The voting results for the Arrangement Resolution are as follows:
Votes For%Votes Against%All Shareholders476,065,99699.223,727,3480.78All Shareholders except those required to
be excluded under Multilateral Instrument
61-101 – Protection of Minority Security
Holders in Special Transactions475,775,94699.223,727,3480.78"The overwhelming support shown by New Gold shareholders is a strong endorsement for this transformative combination and marks a key milestone in bringing these two companies together," stated Patrick Godin, President & CEO. "This transaction brings together two companies with similar cultures of a strong focus on health and safety, similar financial strength and cash flow generation, and will provide significant exploration upside and the potential to significantly extend mine life and grow net asset value per share. I strongly believe in this combination, creating a new, all North American precious metals company that is unique to our industry."The results of the Meeting are disclosed in the Report of Voting Results filed under New Gold's issuer profiles on SEDAR+ at www.sedarplus.com and EDGAR at www.sec.gov on January 27, 2026.Separately, Coeur stockholders also overwhelmingly approved the resolutions required to give effect to the Transaction at a meeting of Coeur stockholders held on January 27, 2026.Anticipated Transaction Effective DateThe Transaction is subject to final approval of the Supreme Court of British Columbia, certain regulatory approvals and the satisfaction of certain other customary closing conditions for transactions of this nature. It is currently anticipated that the Transaction will close in the first half of 2026.Under the terms of the Transaction, on closing, Shareholders will receive 0.4959 shares of Coeur common stock for each New Gold common share held. Immediately following completion of the Transaction, shareholders of Coeur and New Gold will own approximately 62% and 38% of the combined company, respectively.Further InformationFor further information regarding the Transaction, please refer to New Gold's management information circular dated December 19, 2025 (the "Circular"), which is available under New Gold's issuer profiles on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov.About New Gold
New Gold is a Canadian-focused intermediate mining Company with a portfolio of two core producing assets in Canada, the New Afton copper-gold mine and the Rainy River gold mine. New Gold's vision is to be the most valued intermediate gold and copper producer through profitable and responsible mining for our Shareholders and stakeholders. For further information on the Company, visit www.newgold.com. Forward-Looking Statements and Cautionary Statements
Certain statements in this press release concerning the proposed Transaction, including any statements regarding the expected timetable, the results, effects, benefits and synergies of the Transaction, future opportunities for the combined company, future financial performance and condition, guidance and any other statements regarding New Gold's future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts are "forward-looking" statements based on assumptions currently believed to be valid. Forward-looking statements are all statements other than statements of historical facts. The words "anticipate," "believe," "ensure," "expect," "if," "intend," "estimate," "probable," "project," "forecasts," "predict," "outlook," "aim," "will," "could," "should," "would," "potential," "may," "might," "likely," "plan," "positioned," "strategy," and similar expressions or other words of similar meaning, and the negatives thereof, are intended to identify forward-looking statements. Specific forward-looking statements include, but are not limited to, statements regarding New Gold's plans and expectations with respect to the proposed Transaction and the anticipated impact of the proposed Transaction on the combined company's results of operations, financial position, growth opportunities and competitive position, including plans and integration; the timing of various steps to be completed in connection with the Transaction; and other statements that are not historical facts. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the United States Securities Act of 1933, Section 21E of the United States Securities Exchange Act of 1934, the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws.These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those anticipated, including, but not limited to, the risk that any other condition to closing of the Transaction may not be satisfied; the risk that the closing of the Transaction might be delayed or not occur at all; the risk that the Transaction could be terminated by the parties in certain circumstances, including those in which New Gold would be required to pay a termination fee to Coeur; potential adverse reactions or changes to business or employee relationships of New Gold, including those resulting from the announcement or completion of the Transaction; the diversion of management time on Transaction-related issues; the ultimate timing, outcome and results of integrating the operations of New Gold and Coeur; the effects of the business combination of New Gold and Coeur, including the combined company's future financial condition, results of operations, strategy and plans; the ability of the combined company to realize anticipated synergies in the timeframe expected or at all; changes in capital markets and the ability of the combined company to finance operations in the manner expected; the risk that New Gold or Coeur may not receive the required stock exchange and regulatory approvals for the Transaction; the expected listing of shares on the New York Stock Exchange; the listing of Coeur common stock on the Toronto Stock Exchange; the risk of any litigation relating to the proposed Transaction; the risk of changes in governmental regulations or enforcement practices; the effects of commodity prices; life of mine estimates; the timing and amount of estimated future production; the risks of mining activities; and that operating costs and business disruption may be greater than expected following the public announcement or consummation of the Transaction. Expectations regarding business outlook, including changes in revenue, pricing, capital expenditures, cash flow generation, strategies for the combined company's operations, gold and silver market conditions, legal, economic and regulatory conditions, and environmental matters are only forecasts regarding these matters, and are subject to risks, uncertainties and assumptions that may prove incorrect.Additional factors that could cause actual results to differ materially from those described above can be found in the Circular under the heading "Risk Factors", including those incorporated by reference therein, New Gold's annual information form for the year ended December 31, 2024, which is on file with the SEC and on SEDAR+ and available from New Gold's website at www.newgold.com under the "Investors" tab and in other documents New Gold files with the SEC or on SEDAR+.All forward-looking statements speak only as of the date they are made and are based on information available at that time. New Gold does not assume any obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by applicable securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.
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Original: Shareholders Overwhelmingly Support Plan of Arrangement with Coeur Mining