New Gold Inc. (New Gold) has completed the previously announced sale of the Mesquite mine located in California to Equinox Gold Corp. for gross proceeds of CAN$158 million, subject to certain post-closing adjustments.
The transaction strengthens the company's liquidity position and enhances its financial flexibility.
Read the article online at: https://www.globalminingreview.com/finance-business/31102018/new-gold-completes-sale-of-mesquite-mine/