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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Rocket Red who wrote (65613)6/6/2009 12:03:49 AM
From: onepath  Read Replies (2) of 78410
 
No the merger closed on June 1/09 and the last short data is from May 31/09.

New Gold, Western Goldfields merger gets court go-ahead

2009-05-28 16:56 ET - News Release

See News Release (C-NGD) New Gold Inc

Ms. Melanie Hennessey of New Gold reports

NEW GOLD AND WESTERN GOLDFIELDS PROVIDE STATUS UPDATE ON BUSINESS COMBINATION

New Gold Inc. and Western Goldfields Inc. have received the final order from the Ontario Superior Court of Justice (commercial list) approving the business combination between Western Goldfields and New Gold.

The completion of the transaction is on schedule to close on June 1, 2009. The transaction is structured as a plan of arrangement under the Business Corporations Act (Ontario).

Upon completion of the transaction, the combined company is expected to produce between 330,000 and 360,000 ounces of gold in 2009, growing to over 400,000 ounces in 2012. It will have significant reserves and resources and a strong portfolio of mining, development and exploration assets in mining-friendly jurisdictions. For more information, please see the respective company websites.

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