Re: News Release - Wednesday, June 18, 2008
Shareholders of Metallica Resources, New Gold and Peak Gold
Approve US$1.6 Billion Business Combination
June 18, 2008 -- VANCOUVER, BC -- Metallica Resources Inc. ("Metallica
Resources") (TSX -- MR and AMEX -- MRB), New Gold Inc. ("New Gold")
(TSX and AMEX -- NGD) and Peak Gold Ltd. ("Peak Gold") (TSXV -- 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
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,
For further information please contact:
Director Investor Relations and Corporate Communications
Metallica Resources Inc.
Direct: +1 (303) 640-3292
Toll-free: +1 (888) 933-0313 x5
Manager of Investor Relations
New Gold Inc.
Direct: +1 (416) 977-1067
Toll-free: +1 (877) 977-1067
Vice President Investor Relations
Peak Gold Ltd.
Direct: +1 (604) 696-3024
Toll-free: +1 (888) 220-2760
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Copyright (c) 2008 NEW GOLD INC. (TSX/AMEX:NGD) All rights reserved.
For more information visit our website at http://www.newgoldinc.com/ or
Message sent on Wed Jun 18, 2008 at 5:57:26 AM Pacific Time