GREY:BYVVF - Post Discussion
Post by
smigel88 on Aug 09, 2013 11:17am
news from NGD regarding Rainy River
VANCOUVER,
Aug. 9, 2013 /PRNewswire/ - New Gold Inc. ("New Gold") (TSX and NYSE MKT:NGD) today announces that, as of
5:00 p.m. (
Toronto time) on
August 8, 2013, a total of approximately 100.9 million common shares of Rainy River, representing approximately 97.5% of the outstanding shares, had been validly deposited to New Gold's offer to acquire all of the outstanding shares of Rainy River (the "Offer") which was extended by a Notice of Extension dated
July 25, 2013. New Gold has taken up and accepted for payment all shares tendered
between July 25 and August 8, 2013, being approximately 11.7 million shares, and will pay for such shares today. Shares tendered on or before
July 24, 2013 were previously taken up and paid for by New Gold.
Read more at
https://www.stockhouse.com/news/press-releases/2013/08/09/new-gold-successfully-completes-offer-with-97-of-rainy-river-shares-tendered#MRsl8m1cd7782gDo.99
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