Shareholders Cast Decisive Vote on Coeur Mining’s Landmark Acquisition

Coeur Mining US1921085049

A pivotal shareholder vote today will determine the future trajectory of U.S. precious metals producer Coeur Mining. In a special meeting, investors are delivering their final verdict on the proposed acquisition of New Gold Inc. This move, coming after a substantial year-long rally in Coeur’s share price, aims to forge a leading North American precious metals entity.

The path to today’s virtual meeting has seen both strong endorsement and minor legal contention. The influential proxy advisory firms, Institutional Shareholder Services (ISS) and Glass Lewis, have each recommended a vote in favor of the merger. Such guidance frequently sways institutional investor decisions, making approval highly probable.

However, the process encountered some turbulence in early January with the filing of two lawsuits in the Supreme Court of New York. The complaints alleged that the company’s proxy statement omitted material information. Coeur dismissed the claims as without merit but voluntarily issued supplementary disclosures to prevent any delay of today’s critical vote.

Building a Precious Metals Leader

Central to the meeting is the approval of a "Plan of Arrangement." A successful vote will combine the two companies into an operation boasting seven active mining sites across North America. Under the deal’s terms, shareholders of New Gold will receive 0.4959 Coeur shares for each of their existing shares.

Upon completion, current Coeur investors are slated to own approximately 62 percent of the combined company, with New Gold’s shareholders holding the remaining 38 percent. The strategic rationale focuses on unlocking synergies and significantly expanding the group’s footprint within the sector.

Share Price Dynamics and Forward Calendar

Equity markets have reacted bullishly to the proposed combination in recent months. Just yesterday, Monday, Coeur’s stock reached a new 52-week high of $27.34. Given an impressive gain exceeding 350 percent over the past twelve months, some profit-taking emerged ahead of the vote, pulling the price back to $25.85 in current trading.

Key Deal Details:

• Exchange Ratio: 0.4959 Coeur shares per New Gold share
• Advisor Stance: ISS and Glass Lewis recommend approval
• Timing: Results from today’s ballot are expected promptly
• Next Earnings: February 18, 2026 (after market close)

With the shareholder decision imminent, the company’s focus will swiftly return to operations. CEO Mitchell J. Krebs is scheduled to speak at an industry conference in Toronto on January 29. This precedes the release of Coeur’s fourth-quarter and full-year 2025 financial results on February 18.