Coeur Mining (CDE) Acquires New Gold (NGD) – Proxy Summary

Coeur Mining has announced an agreement to acquire New Gold via a Plan of Arrangement in a transaction valued at approximately $7 billion.

Transaction Highlights

• Consideration: 0.4959 CDE shares per NGD share, representing a 16% premium to NGD’s closing price (Oct 31, 2025).
• Post-Close Ownership: CDE stockholders retain 62%; NGD shareholders receive 38%.
• Timeline: Shareholder meetings expected Q1 2026; closing targeted for H1 2026.
• Governance: NGD CEO and one Director are expected