On January 1, 2015, New Gold completed the previously announced plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia) pursuant to which New Gold Inc. acquired all of the issued and outstanding common shares of Bayfield Ventures Corp. ("Bayfield") for consideration of 0.0477 common shares of New Gold for each Bayfield share outstanding. Following the completion of the Arrangement, Bayfield's common shares will cease to be listed for trading on the TSX Venture Exchange, the OTC and the Frankfurt Stock Exchange. As soon as practicable thereafter, Bayfield intends to apply to the relevant securities regulatory authorities to cease to be a reporting issuer in each jurisdiction of Canada in which it currently has reporting obligations.
To view recent and historical financial reports for Bayfield Ventures Corp., please use the SEDAR link: Bayfield Ventures SEDAR Filings
Letter of Transmittal
This Letter of Transmittal is for use by registered Bayfield shareholders only and is not to be used by non-registered, beneficial holders of Bayfield Shares. A Beneficial Shareholder does not hold Bayfield Shares in their name but rather in an intermediary institution, bank, brokerage, or clearing agency. If you are a Beneficial Shareholder, please contact your intermediary for instructions on receiving your New Gold Shares. Bayfield Shareholders are required to deposit the Bayfield share certificates held by them with Computershare Investor Services located at 100 University Avenue, 8th Floor, Toronto, Ontario M5J 2Y1, together with this Letter of Transmittal, properly completed and duly executed. Bayfield Shareholders that hold shares in the Direct Registration System (‘‘DRS’’) must deliver this Letter of Transmittal, properly completed and duly executed, together with all other required documents in order to receive the Consideration pursuant to the Arrangement.
Bayfield Shareholders who do not deliver a properly completed and duly executed Letter of Transmittal and all other required documents, including any certificates representing their Bayfield Shares (unless held in the DRS), to the Depositary on or before six years after the Effective Date will lose their right to receive New Gold Shares for their Bayfield Shares.
For further information or questions, please contact New Gold at firstname.lastname@example.org or at 1-888-315-9715.