Business
Coeur Mining Completes Acquisition of New Gold
CHICAGO / Mar 20, 2026 / Business Wire / Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE, TSX: CDE) today announced the completion of its acquisition of New
About this update from Coeur Mining, Inc.
[{"type":"text","content":"CHICAGO / Mar 20, 2026 / Business Wire / Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE, TSX: CDE) today announced the completion of its acquisition of New Gold Inc. (“New Gold”) by Coeur pursuant to the definitive agreement (the “Agreement”) previously announced on November 3, 2025 (“the Transaction”). Under the terms of the Transaction Agreement, Coeur acquired all of the outstanding common shares of New Gold, with New Gold shareholders receiving 0.4959 shares of Coeur common stock for each New Gold common share. Coeur issued approximately 392,682,578 shares with the closing of the Transaction, resulting in approximately 1,034,524,520 shares outstanding post-transaction. Coeur's shares commenced trading on the Toronto Stock Exchange under the symbol \"CDE\" effective Monday, March 16th, 2026. Coeur plans to share additional information about the expected benefits of the Transaction on Monday, March 23, 2026, including consolidated 2026 guidance, year-end 2025 reserve and resource updates for the New Afton and Rainy River operations, and an update on the Company’s return of capital priorities. BMO Capital Markets acted as financial advisor to Coeur. RBC Capital Markets also acted as a financial advisor to Coeur. Goodmans LLP and Gibson, Dunn & Crutcher LLP acted as Coeur’s legal advisors. About Coeur Coeur Mining, Inc. is a U.S.-based, well-diversified, growing precious metals producer with seven wholly-owned operations: the New Afton gold-copper mine in British Columbia, Canada, the Rainy River gold-silver mine in Ontario, Canada, the Las Chispas silver-gold mine in Sonora, Mexico, the Palmarejo gold-silver mine in Chihuahua, Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska and the Wharf gold mine in South Dakota. In addition, the Company wholly-owns the Silvertip polymetallic critical minerals exploration project in British Columbia, Canada. Cautionary Statements This news release contains forward-looking statements within the meaning of securities legislation in the United States and Canada, relating to our mining business, including statements regarding the acquisition of New Gold and the integration of the New Afton and Rainy River mines. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause Coeur’s actual results, perfo...