New Gold (NGD) Shareholders Approve Previously Announced Plan of Arrangement to Advance Coeur Mining Deal

Group 1 - New Gold Inc. (NYSE:NGD) has received shareholder approval for a plan of arrangement where a wholly owned subsidiary of Coeur Mining will purchase all outstanding NGD shares [2] - The acquisition is expected to close in the first half of 2026, pending court and regulatory approvals, with New Gold shareholders entitled to receive 0.4959 Coeur shares per New Gold share, resulting in approximately 38% ownership of the combined company [3] - Scotiabank raised its price target on New Gold from $10.50 to $12.75, maintaining an 'Outperform' rating, reflecting higher gold and silver price forecasts amid economic and geopolitical uncertainty [4] Group 2 - New Gold Inc. operates and develops assets including Rainy River and New Afton, positioning itself within the North American precious metals sector [5]