Shareholders of Metallica Resources, New Gold and Peak Gold Approve US$1.6 Billion Business Combination
June 18 2008 - 9:00AM
PR Newswire (US)
VANCOUVER, June 18 /PRNewswire-FirstCall/ -- 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 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. CONTACT: Rhonda
Bennetto, Director Investor Relations and Corporate Communications,
Metallica Resources Inc., Direct: (303) 640-3292, Toll-free:
1-888-933-0313 x5, Email: , Website: http://www.metal-res.com/;
Laura Sandilands, Manager of Investor Relations, New Gold Inc.,
Direct: (416) 977-1067, Toll-free: 1-877-977-1067, Email: ,
Website: http://www.newgoldinc.com/; Melanie Hennessey, Vice
President Investor Relations, Peak Gold Ltd., Direct: (604)
696-3024, Toll-free: 1-888-220-2760, Email: , Website:
http://www.peakgold.com/ DATASOURCE: Peak Gold Ltd. CONTACT: Rhonda
Bennetto, Director Investor Relations and Corporate Communications,
Metallica Resources Inc., Direct: (303) 640-3292, Toll-free:
1-888-933-0313 x5, Email: , Website: http://www.metal-res.com/;
Laura Sandilands, Manager of Investor Relations, New Gold Inc.,
Direct: (416) 977-1067, Toll-free: 1-877-977-1067, Email: ,
Website: http://www.newgoldinc.com/; Melanie Hennessey, Vice
President Investor Relations, Peak Gold Ltd., Direct: (604)
696-3024, Toll-free: 1-888-220-2760, Email: , Website:
http://www.peakgold.com/
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