Description
March 19, 2021-- New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) announced today that it has agreed to purchase 154,940,153 common shares of Harte Gold Corp. (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) (“Harte Gold”) pursuant to a private placement at a price of $0.16 per share for total consideration of approximately $24.8 million (the “Private Placement”) providing New Gold with a 14.9% strategic interest in Harte Gold’s pro forma issued and outstanding common shares. Closing of the transaction is expected to occur on or about March 24, 2021 and is subject to certain conditions.
Quick answer
New Gold raised an undisclosed amount in a funding round, dated March 19, 2021. New Gold is based in Toronto, Ontario, Canada.
- How much did New Gold raise?
- New Gold raised an undisclosed amount in a funding round on March 19, 2021.
- What does New Gold do?
- New Gold is a Canadian-focused intermediate mining Company with a portfolio of two core producing assets in Canada, the Rainy River gold mine and the New Afton copper-gold mine.
- Where is New Gold based and how big is it?
- New Gold is based in Toronto, Ontario, Canada.
- Who are the decision-makers at New Gold?
- Fundz holds 2 contacts at New Gold, including the Operations Excellence Manager. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Mining and Precious Metals around the same time
Companies in the same sectors as New Gold that raised within 45 days of this round, from Fundz verified event records.
- Nexus Uranium raised $80K (Pre-Seed) on April 23, 2021.
- i-80 Gold Corp. raised $9.1M on April 21, 2021.
- U.S. Gold Corp raised $5.5M on February 12, 2021.
- Vior Inc. raised $8K (Pre-Seed) on April 30, 2021.
- Asante Gold Corporation raised $575K (Seed) on April 22, 2021.
- Green Battery Minerals Inc. raised $22K (Pre-Seed) on April 21, 2021.
Who to call at New Gold, and when
A new round usually means New Gold is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day New Gold raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at New Gold, from your own LinkedIn network
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Fundz sees it the moment New Gold raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
New Gold raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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