Shareholders of Metallica Resources, New Gold and Peak Gold Approve US$1.6 Billion Business Combination
June 18 2008 - 9:00AM
Marketwired
VANCOUVER, BRITISH COLUMBIA (TSX: MR) (AMEX: MRB), New Gold Inc.
("New Gold") (TSX: NGD) (AMEX: NGD) and Peak Gold Ltd. ("Peak
Gold") (TSX VENTURE: PIK) are pleased to announce that their
respective shareholders have approved the business combination of
the three companies at meetings held on June 17, 2008 in Vancouver
(in the case of New Gold and Peak Gold) and in Toronto (in the case
of Metallica Resources). In excess of 99% of the votes cast at each
of the meetings were in favour of the business combination.
The completion of the transaction remains subject to Court
approval. If Court approval is obtained, Metallica Resources, New
Gold and Peak Gold anticipate that the transaction will close on or
about June 30, 2008.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Metallica Resources Inc. Rhonda Bennetto Director
Investor Relations and Corporate Communications (303) 640-3292 or
Toll-free: 1-888-933-0313 x5 Email: rmbennetto@metal-res.com
Website: www.metal-res.com New Gold Inc. Laura Sandilands Manager
of Investor Relations (416) 977-1067 or Toll-free: 1-877-977-1067
Email: lsandilands@newgoldinc.com Website: www.newgoldinc.com Peak
Gold Ltd. Melanie Hennessey Vice President Investor Relations (604)
696-3024 or Toll-free: 1-888-220-2760 Email: info@peakgold.com
Website: www.peakgold.com
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