TransactionsNew Gold Completes US$1.6 Billion Business Combination with Metallica Resources and Peak GoldPublished: 06/30/2008 By Joan Beck, Mark T. Bennett, Chris Hersh, Sean Maniaci, Jeffrey P. Roy, Paul M. Stein, Jennifer Traub On June 30, 2008, New Gold Inc. completed a $1.6 billion business combination with Peak Gold Ltd. and Metallica Resources Inc. Under the plan of arrangement, outstanding Peak Gold and Metallica Resources shares were acquired for New Gold shares The common shares of both Peak Gold and Metallica Resources began trading as New Gold (TSX and AMEX: NGD) on July 7, 2008. Cassels Brock acted for Peak Gold with a team that included Paul Stein (Securities and Mining), Mark Bennett (Securities and Mining), and Jennifer Traub (Securities and Mining); Jeff Roy (Securities and Corporate), Joan Beck (Securities and Corporate) and Sean Maniaci (Securities and Corporate) and Chris Hersh (Competition). |