NYSE:CDEMetals and Mining
Coeur Mining Shareholders Clear New Gold Deal And Dilution Questions
Coeur Mining (NYSE:CDE) shareholders approved the acquisition of New Gold, clearing a key step toward combining the two precious metals companies.
The vote also backed an increase in Coeur's authorized share count, a requirement to issue stock as part of the transaction.
New Gold shareholders have already approved the deal, bringing the proposed merger closer to completion.
Coeur Mining is a North American precious metals producer, and combining with New Gold would create a larger portfolio...