Coeur Mining to Boost Portfolio with $7B Stock Acquisition of New Gold

Coeur Mining will acquire New Gold in a $7 billion stock deal, enhancing its position as a leading North American precious metals producer.

• Coeur Mining, Inc. announced an all-stock acquisition of New Gold valued at approximately $7 billion, aimed at consolidating its portfolio in the precious metal sector.
• Under the agreement, New Gold shareholders will receive 0.4959 shares of Coeur common stock for each New Gold share, reflecting a 16% premium based on the October 31 closing price.
• The acquisition will significantly enhance Coeurs operations in British Columbia, where New Gold has substantial mining assets, further solidifying Coeurs footprint in North Americas precious metals market.