Coeur Mining: Acquisition of New Gold Inc. (Schedule 14A Solicitation)
Coeur announced a definitive agreement to acquire New Gold Inc., creating an all-North-American precious metals powerhouse with approx. $20 billion combined market cap.
Key Investor Takeaways:
- Strategic Impact: Acquisition of Rainy River (ON) and New Afton (BC) mines.
- Projected Financials (2026 Est.): ~\(3B EBITDA and ~\)2B Free Cashflow, targeting lower costs/higher margins.
- Regulatory/Shareholder Action: Requires approval from Coeur stockholders for the Stock Issuance and Charter Amendmen