New Gold Inc. has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on a bought deal basis 93,750,000 common shares , at a price of C$1.60 per Common Share for gross proceeds of C$150 million . The Company has granted the underwriters an option, exercisable at the offering price for a period of 30 days [...]
New Gold Inc. reports second quarter and six-month results for the Company as of June 30, 2019 and reaffirms that the Company remains on-track to achieve annual guidance. . A conference call and webcast will follow to discuss these results at 8:30 a.m. Eastern time . and Financial Statements that are available on the Company’s website at www.newgold.com and on SEDAR at www.sedar.com. The Company uses certain [...]
New Gold Inc. plans to release its second quarter 2019 financial results before market open on Thursday, August 1, 2019. A conference call and webcast will follow at 8:30 a.m. Eastern time to discuss these results. New Gold Second Quarter 2019 Results Conference Call and Webcast Details: Participants may listen to the webcast by registering on our website at www.newgold.com or via the following link [...]
New Gold Inc. reports in-line second quarter operating results from the Rainy River and New Afton Mines. The Company remains on track to achieve annual production guidance. The Company maintained its liquidity position of approximately $400 million, which supports the implementation of the short-term operational plan. Second Quarter and Recent Operational Highlights Total production for the second quarter was 132,556 gold [...]
New Gold Inc. announces that it is hosting tours of the Rainy River Mine for analysts and institutional investors on June 26 and 27, 2019. The presentation to be used during management’s briefing sessions will be posted on the New Gold Inc. website at www.newgold.com in the morning today. About New Gold Inc. New Gold Inc. is a Canadian-focused intermediate gold mining Company. The Company has a portfolio of two core [...]
As a result of the quarterly review, S&P Dow Jones Indices will make the following changes in the S&P/TSX Composite Index prior to the open of trading: S&P/TSX COMPOSITE INDEX – June 24, 2019 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED Frontera Energy Corp. Energy Oil & Gas Exploration & Production DELETED CES Energy Solutions Corp. Energy Oil & Gas Equipment & Services DELETED Fortuna Silver Mines Inc. Materials Silver [...]
New Gold Inc. provides an update on the 2019 delineation and exploration programs at the New Afton and Rainy River Mines. The Company had previously announced its intention to refocus the Company’s efforts on identifying organic growth opportunities by launching strategic exploration programs at both assets. This press release features multimedia. View the full release here [...]
New Gold Inc. announced today that Mr. Nicholas Chirekos has been appointed to its Board of Directors, effective immediately. Nicholas Chirekos has more than 25 years of experience in investment banking and capital markets, with a focus on the mining industry. He served in various investment banking roles at J.P. Morgan Securities Inc. from 1987 until his retirement in 2016. His roles included Managing Director, North [...]
New Gold Inc. announced today that the Rainy River milling operations were restarted late afternoon on Friday, May 3. The operations had been temporarily shut down to address excess water in the Tailings Management Area . The water level in the TMA has been lowered to a desirable operational level and pumping into the Water Management Pond continues. Mining and crushing operations continued during the temporary shutdown [...]
New Gold Inc. today provides an update on the operation of the mill at the Rainy River Mine, located in northern Ontario. In the late afternoon on April 24, management at the Rainy River mine temporarily shut down the mill to assess a buildup of water in the Tailings Management Area . Upon further examination over the ensuing days, it was determined that approximately 700,000 m3 of excess water was stored in the TMA [...]
New Gold Inc. today announces the voting results from the election of its Board of Directors at New Gold’s Annual General Meeting of Shareholders held on April 24, 2019 in Toronto, Ontario. The director nominees listed in the Management Information Circular dated March 14, 2019 were elected as directors of New Gold at the Meeting by a show of hands. New Gold received the following proxy votes in advance of the [...]
New Gold Inc. reports first quarter results for the Company as of March 31, 2019. A conference call and webcast will follow to discuss these results at 8:30 a.m. Eastern time. and Financial Statements that are available on the Company’s website and on SEDAR. The Company uses certain non-GAAP financial performance measures throughout this press release. Please refer to the “Non-GAAP Financial Performance [...]
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