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GlobeNewswire·

Barrick Announces American Barrick and S-1 Filing for Proposed Initial Public Offering

B
  • Barrick Mining Corporation announced its new publicly listed company holding North American gold assets will be named American Barrick Gold Corporation ("American Barrick").
  • The company is proceeding with a proposed initial public offering (IPO) of American Barrick common stock.
  • American Barrick filed a Form S-1 registration statement with the U.S. SEC & intends to list on the New York Stock Exchange under the ticker symbol "ABGC".
  • The number of shares offered & the proposed IPO price range have not yet been determined.
  • Net proceeds from the IPO will be distributed to Barrick, which plans to return the funds to its shareholders.
  • The offering remains subject to market conditions & completion of the SEC review process.
  • The registration statement is not yet effective, prohibiting any sales or acceptance of purchase offers prior to effectiveness.
  • Technical Report Summaries for Nevada Gold Mines Complex & Pueblo Viejo, plus an Initial Assessment for the Fourmile project, are included in the Form S-1.
  • Barrick intends to file a National Instrument 43-101 Preliminary Economic Analysis for the Fourmile project within 45 days of the announcement.
  • Goldman Sachs, BofA Securities, Citigroup, & RBC Capital Markets are listed as contacts for obtaining the preliminary prospectus when available.
Company
Barrick Mining Corporation
Keywords
NYSE:B, Barrick Mining Corporation