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Gold/Mining/Energy : Canadian Warrants Only

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To: PaperPerson who wrote (3664)	4/5/2008 1:17:39 AM
From: onepath	Read Replies (1) of 23089

Schulich taking a 14% stake in NGD is a real vote of confidence here.He founded his fortune in the 1970's with the Franco-Nevada and Euro-Nevada PM royalty companies.This man knows what he is doing.... New Gold shareholder Schulich buys four million shares 2008-04-03 12:21 ET - News Release Mr. Seymour Schulich reports SEYMOUR SCHULICH REPORTS OWNERSHIP IN NEW GOLD INC. Seymour Schulich, through his registered retirement savings plan, care of 20 Eglinton Ave. W, Suite 1900, Toronto, Ont., M4R 1K8, has purchased four million common shares of New Gold Inc. through the facilities of the Toronto Stock Exchange. As a result of this purchase, Mr. Schulich currently owns or exercises control and direction over four million common shares of the company. Mr. Schulich's current shareholdings represent approximately 14 per cent of the current issued and outstanding common shares of the company. Mr. Schulich has further advised the company that he has acquired the four million common shares for investment purposes. Mr. Schulich has indicated that he will review his holdings from time to time and that he may increase or decrease his position as future circumstances may dictate.

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