AcquisitionsMay 6, 2026, 06:09 AM
Coeur Mining Completes New Gold Acquisition for $6.9B
AI Summary
Coeur Mining, Inc. announced the completion of its strategic business combination transaction, acquiring all issued and outstanding common shares of New Gold Inc. on March 20, 2026. New Gold is now a wholly-owned subsidiary of Coeur, with New Gold shareholders receiving 0.4959 Coeur common shares for each New Gold share, totaling 392,682,578 shares valued at an implied $6.9 billion. This amendment provides the unaudited pro forma financial information, showing a combined revenue of $3.62 billion and net income of $78.73 million for the year ended December 31, 2025.
Key Highlights
- Coeur Mining completed the acquisition of New Gold Inc. on March 20, 2026.
- New Gold shareholders received 0.4959 Coeur common shares for each New Gold common share.
- Coeur issued 392,682,578 common shares, implying a total equity value of $6.9 billion.
- Pro forma combined revenue for the year ended December 31, 2025, was $3,618,301 thousand.
- Pro forma combined net income for the year ended December 31, 2025, was $78,731 thousand.
- Pro forma basic and diluted income per share for the year ended December 31, 2025, was $0.08.
- Pro forma combined total assets as of December 31, 2025, were $15,288,667 thousand.