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Bullboard - Stock Discussion Forum New Gold Inc T.NGD

Alternate Symbol(s):  NGD

New Gold Inc. is a Canadian intermediate gold mining company with a portfolio of two core producing assets in Canada, namely the Rainy River gold mine and the New Afton copper-gold mine. The Company also holds other Canadian-focused investments. The Company is engaged in the acquisition, exploration and development of natural resource properties. Rainy River is a gold mine located in... see more

TSX:NGD - Post Discussion

New Gold Inc > New Gold Announces Redemption TSX: NGD
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Post by Betteryear2 on Apr 11, 2022 8:42am

New Gold Announces Redemption TSX: NGD

(All amounts are in U.S. dollars unless otherwise indicated)

TORONTOApril 11, 2022 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) announces that, pursuant to the terms of the indenture governing its 6.375% Senior Notes due 2025 (the "2025 Notes"), it has issued a notice of redemption to redeem the remaining $100 million aggregate principal amount of outstanding 2025 Notes on May 15, 2022. The redemption of the 2025 Notes will be funded with cash on hand.

Comment by Betteryear2 on Apr 11, 2022 8:43am
https://www.prnewswire.com/news-releases/new-gold-announces-redemption-of-its-remaining-outstanding-6-375-senior-notes-301522710.html
Comment by Ronbromleygross on Apr 11, 2022 9:59am
You gotta love this.  Clear up your debts both.  No issues with debt for several years now.  This has got to start getting attention from institutions and retail.  The stock is undervalued.  Wait until gold hits the $2,300 to $2,500 range.  This one will fly.  Under the radar and left for dead imo. The market is so inefficient  RG