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Acquisition of Hemlo Gold Mine Launches a New Mid-Tier Canadian Gold Producer
Globenewswire·2025-09-11 07:46

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Carcetti to acquire Hemlo from Barrick for consideration comprising 875millionincashand34.6millionCarcettisharesatclosingplusupto875 million in cash and 34.6 million Carcetti shares at closing plus up to 165 million of contingent cash paymentsTransaction fully-funded with at least $1.0 billion of gross proceeds from a gold stream, an underwritten term loan and a bought deal private placement of Subscription ReceiptsUpon closing, Carcetti to be re-named Hemlo Mining Corp. and will ...