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New Gold Completes Sale of Mesquite Mine for $158 Million

Published: 10/30/2018

Team: Ann Watterworth, Xi Chen, Lindsay Clements, Charles Newman, Patience Omokhodion, Richard Ngo, Brian P. Dominique, Tom Kapsales

On October 30, 2018, New Gold Inc. completed the sale of the Mesquite Mine located in California to Equinox Gold Corp. for gross proceeds of $158 million, subject to certain post-closing adjustments. 

Cassels Brock acted for New Gold with a deal team that included Ann Watterworth and Xi Chen (Mining and M&A), Lindsay Clements (Mining and Securities), Charles Newman, Patience Omokhodion and Richard Ngo (Financial Services) and Brian Dominique and Tom Kapsales (Mining and Real Estate).