CHICAGO, March 20 — 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.
