representative work

New Gold Completes Sale of Mesquite Mine for $158 Million


On October 30, 2018, New Gold Inc. completed the sale of the Mesquite Mine located in California to Equinox Gold Corp. for gross proceeds of $158 million, subject to certain post-closing adjustments.

Cassels Brock acted for New Gold with a deal team that included Ann Watterworth and Xi Chen (Mining and M&A), Lindsay Clements (Mining and Securities), Charles Newman, Patience Omokhodion and Richard Ngo (Financial Services) and Brian Dominique and Tom Kapsales (Mining and Real Estate).