On December 10, 2020, New Gold Inc. closed a flow-through financing to fund exploration drilling programs at its Rainy River and New Afton sites. An aggregate of 3,824,000 Common Shares were issued by the Company at a price of C$3.40 per share for net proceeds of US$10.2 million (gross proceeds less equity issuance costs).
Fasken represented New Gold Inc. with a team that included Brad Freelan, Florind Polo, and Arie van Wijngaarden.
Fasken represented New Gold Inc. with a team that included Brad Freelan, Florind Polo, and Arie van Wijngaarden.
Jurisdiction
- Ontario
