Common shares for both Peak Gold and Metallica began trading as New Gold (TSX and NYSE Alternext US: NGD) at market open on July 7, 2008. In addition, the warrants for both Peak Gold and Metallica began trading as New Gold on the TSX at market open on July 7, 2008. The New Gold warrant trading symbols and terms are summarized as follows:
| Former Symbols/Cusip# |
Former Terms |
New Symbols/Cusip# |
New Terms |
NGD.WT
Cusip No. 644535122 |
1 warrant + $15.00 = 1 common share expiry June 28, 2017 |
NGD.WT.A
Cusip No. 644535122 |
Same as former terms |
PIK.WT
Cusip No. 70468J1140 |
Ex.: 1 warrant + $1.50 = 1 Peak Gold common share; expiry April 3, 2012 |
NGD.WT.B
Cusip No. 644535130 |
Ex: 10 warrants + $15.00 = 1 New Gold common share plus $0.001 per common share; expiry April 3, 2012 |
PIK.WT.A
Cusip No. 70468J130 |
Ex.: 1 warrant + $0.90 = 1 Peak Gold common share; expiry November 28, 2012 |
NGD.WT.C
Cusip No. 644535148 |
Ex.: 10 warrants+ $9.00 = 1 New Gold common share plus $0.001; expiry November 28, 2012 |
Western Goldfileds Warrants
Warrants Outstanding Exercise Price
6,056,180 US $0.76
Newmont Mining Corporation (“Newmont”) received warrants as part of the purchase price for Mesquite in November 2003. Under the anti-dilution provisions of the warrant, the exercise price was reduced from US $1.00 to US $0.76 upon the issuance of common shares and warrants by way of private placement on February 13, 2006. The warrants expire between June 9, 2011 and June 9, 2012.