New Gold announces closing of El Morro transaction - "New Gold Inc. ("New Gold") (NGD) (NYSE MKT:NGD) today announces that the company has completed the previously announced sale of its 30% interest in the El Morro project to Goldcorp Inc. ("Goldcorp"). In exchange for the company's 30% interest, New Gold has realized $60 million in net cash ( $90 million less taxes and transaction costs) and the company's $94 million carried funding loan payable has been cancelled." More
- 11/24/15 | Item |

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