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StocksMedium•20 March 2026•

1 min read

Coeur Mining Completes Acquisition of New Gold in All-Stock Deal

Key Facts

1Coeur Mining completed the acquisition of all outstanding common shares of New Gold Inc.

2New Gold shareholders received 0.4959 shares of Coeur common stock for each New Gold common share held.

Coeur Mining, Inc. (CDE) has officially finalized its acquisition of all outstanding common shares of New Gold Inc. (NGD). The transaction was executed through an all-stock arrangement, where New Gold shareholders received 0.4959 shares of Coeur common stock for each share held. This move follows the initial plan of arrangement announced in November 2025, aimed at consolidating strategic mining assets. As a result of the completion, New Gold has become a wholly-owned subsidiary of Coeur Mining. Consequently, New Gold's shares are expected to be delisted from public exchanges shortly. While the merger represents a significant expansion for Coeur, the market impact is considered neutral as the terms were previously disclosed and likely priced in.