The Toronto Stock Exchange reports that New Gold Inc. will be delisted at the close on March 23, 2026. According to the TSX, 1561611 B.C. Ltd., a wholly owned subsidiary of
Coeur Mining Inc., acquired all of the
issued and outstanding New Gold shares pursuant to a plan of
arrangement involving the company, the purchaser and Coeur
under Division 5 of Part 9 of the Business Corporations Act (British
Columbia).
The TSX reports that each holder of a New Gold share will receive 0.4959 of a Coeur share per New Gold share held. No fractional Coeur shares will be issued to any shareholder
pursuant to the arrangement. Where the total number of
Coeur shares to be issued to a shareholder as consideration
pursuant to the arrangement would result in a fractional Coeur
share being issuable, such fractional Coeur share shall be
rounded up to the nearest whole Coeur share in the event that the
fraction is 0.5 or more, and shall be rounded down to the nearest
whole Coeur share in the event that the fraction is less than 0.5. To receive the consideration, New Gold shareholders must return the letter of transmittal together with New Gold share certificates or DRS advices to Computershare Investor Services Inc. at its principal offices in Toronto.
For more information, see New Gold's management information circular dated Dec. 19, 2025, available on SEDAR+.
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