Nevada Gold Mines Closes Previously Announced Sale of Royalty Portfolio to Gold Royalty Corp.
September 28 2022 - 6:00AM
Nevada Gold Mines (“NGM” or the “Company”) today announced the
closing of its previously announced sale of a portfolio of
royalties to Gold Royalty Corp. (“Gold Royalty”) for
$27.5 million, satisfied through the issuance by Gold Royalty
to NGM of 9,393,681 common shares. NGM currently owns approximately
6.5% of the issued and outstanding shares of Gold Royalty.
About Nevada Gold MinesNevada
Gold Mines is operated by Barrick Gold Corporation
(NYSE:GOLD)(TSX:ABX) and is a joint venture between Barrick (61.5%)
and Newmont (38.5%) that combined their significant assets across
Nevada in 2019 to create the single largest gold-producing complex
in the world.
Enquiries:Barrick COO North
America Christine Keener+1 865 209
0781christine.keener@barrick.com
NGM Executive Managing DirectorGreg Walker+1 702
526 3194 gwalker@nevadagoldmines.com
Barrick Investor and Media RelationsKathy du
Plessis+44 20 7557 7738barrick@dpapr.com
Website: www.barrick.com
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