Shareholders Overwhelmingly Support Plan of Arrangement with Coeur Mining

Core Insights - New Gold Inc. shareholders overwhelmingly approved a plan of arrangement with Coeur Mining, with 99.22% voting in favor of the transaction [1] - The transaction involves Coeur Mining acquiring all outstanding common shares of New Gold, with shareholders receiving 0.4959 shares of Coeur for each New Gold share held [1] - The anticipated closing date for the transaction is in the first half of 2026, pending regulatory approvals and customary closing conditions [1] Shareholder Support - The voting results showed 476,065,996 votes for and 3,727,348 votes against the arrangement resolution among all shareholders [1] - Excluding certain minority security holders, the votes for the resolution were 475,775,946 for and 3,727,348 against, indicating strong support [1] Company Synergies - The merger is expected to create a new North American precious metals company, enhancing exploration potential and extending mine life [1] - The combined company will have approximately 62% of shares owned by Coeur shareholders and 38% by New Gold shareholders post-transaction [1] Regulatory and Closing Conditions - The transaction is subject to final approval from the Supreme Court of British Columbia and other regulatory approvals [1] - The completion of the transaction is contingent upon satisfying customary closing conditions typical for such mergers [1]