(All figures are in US dollars unless otherwise indicated)
VANCOUVER, Nov. 8, 2012 /CNW/ - New Gold Inc. ("New Gold")
(TSX and NYSE MKT:NGD) today announces the pricing of its private
offering of $500 million aggregate
principal amount of 6.25% Senior Notes due November 15, 2022 (the "Notes"). The offering is
expected to close on or about November 14,
2012. New Gold intends to use the net proceeds of the Notes
for general corporate purposes.
The offer and sale of the Notes will not be
registered under the United States Securities Act of 1933, as
amended (the "Securities Act"), and the Notes may not be offered or
sold in the United States absent
registration or an applicable exemption from the registration
requirements of the Securities Act and applicable state securities
laws. This news release shall not constitute an offer to sell or
the solicitation of an offer to buy the Notes, nor shall there be
any offer or sale of the Notes in any jurisdiction in which such
offer, solicitation or sale would be unlawful.
Cautionary Note Regarding Forward-Looking
Statements
This news release contains "forward-looking
statements" and "forward-looking information" within the meaning of
applicable Canadian and U.S. securities legislation.
Generally, forward-looking statements can be identified by the use
of forward-looking terminology such as "plans", "expects", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates", or "believes", or variations of such
words and phrases or state that certain actions, events or results
"may", "could", "would", "might" or "will be taken", "occur" or "be
achieved" or the negative connotation. Forward-looking
statements are subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of New Gold to be materially
different from those expressed or implied by such forward-looking
statements, including but not limited to risks discussed in the
risk factors section in New Gold's latest annual information form
available under New Gold's SEDAR profile at www.sedar.com. Although
New Gold has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking statements, there may be other factors that cause
results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements. New Gold does not undertake to
update any forward-looking statements, except in accordance with
applicable securities laws.
SOURCE New Gold Inc.