29 May 2009business combination● Neutral
New Gold and Western Goldfields issued a joint status update on their business combination, dated 28 May 2009. The text provided is only the cover page, so the content of the update is not visible.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
29 May 2009business combination● Neutral
New Gold filed an amending letter dated 22 May 2009 to the arrangement with Western Goldfields. The text provided does not show what was amended.
19 May 2009business combination▲ GoodMajor
A joint press release headlined that New Gold shareholders approved the business combination with Western Goldfields. The filing attaches releases of 13 and 14 May 2009, but the vote percentage is not in the text provided. This advances the March 2009 deal.
4 May 2009regulatory community update▼ Bad
New Gold said it would stop mining in the Cerro San Pedro open pit for five days, in line with the Mexican government's program to confront the flu epidemic. The filing attaches press releases dated 29 April and 1 May 2009, and the text of the second is not visible.
23 Apr 2009resource reserve update● Neutral
New Gold filed a technical report on Peak Gold Mines in New South Wales, Australia, dated 1 January 2009, with qualified-person certificates and consents. The text shown is only the cover and exhibit list, so no resource or reserve figures are visible. (Inference: Peak Gold is the company that joined the 2008 combination.)
15 Apr 2009business combination● Neutral
New Gold filed a letter dated 8 April 2009 from Western Goldfields about their business combination agreement. The contents are not in the text provided, so what the letter says or changes is not known.
10 Apr 2009drilling progress report▲ Good
A press release dated 9 April 2009 is headlined as encouraging initial results from the Cerro San Pedro sulfide drill program and a report on the Amapari sulfide scoping study. The text provided is only the cover page, so no drill results or study figures are visible.
11 Mar 2009business combination● Neutral
New Gold filed the Business Combination Agreement with Western Goldfields, plus each company's disclosure memorandum dated 3 March 2009, as exhibits. The text shown is only the cover page and exhibit index, so the deal terms are not visible.
6 Mar 2009business combination● NeutralMajor
New Gold and Western Goldfields Inc. jointly announced a business combination, described in the headline as building a leading intermediate gold producer. The text provided is only the cover page, so the terms, price and exchange ratio are not visible. This starts a second merger story after the 2008 combination.
23 Jan 2009production update▲ Good
A press release headlined that New Gold exceeded its 2008 production guidance and gave a 2009 forecast. The text provided is only the cover page and exhibit index, so no production figures or forecast numbers are visible.
16 Sept 2008business combination● Neutral
New Gold filed a Business Acquisition Report dated 12 September 2008. The text provided has only the cover page and exhibit index, so what the report says is not visible. (Inference: it relates to the 2008 combination.)
18 June 2008business combination▲ GoodMajor
Shareholders of all three companies approved the US$1.6 billion combination on 17 June 2008, with more than 99% of votes cast in favour at each meeting. Court approval was still needed, and closing was still expected around 30 June 2008. This moves the May 2008 agreement forward.
12 May 2008business combination● NeutralMajor
New Gold, Metallica Resources and Peak Gold signed a definitive agreement for their previously announced US$1.6 billion three-way business combination. Each company's shareholders were to vote on 17 June 2008, with closing expected around 30 June 2008. This is the first step in the corpus toward the multi-company merger.