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New Gold closes New Afton transaction

2nd May 2025

By: Creamer Media Reporter

     

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TSX- and NYSE American-listed New Gold has closed its previously announced $300-million agreement with Ontario Teacher’s Pension Plan to acquire the remaining 19.9% free cash flow interest in the New Afton mine.

The company has now fully consolidated its free cash flow interest in New Afton to 100% and terminated all existing agreements with respect to Ontario Teachers' free cash flow interest in New Afton.

 

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Edited by Creamer Media Reporter

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