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ABX Barrick Gold Corporation

23.38
0.36 (1.56%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Barrick Gold Corporation TSX:ABX Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.36 1.56% 23.38 23.37 23.42 23.44 22.98 23.21 8,869,074 21:14:58

Shanta Gold Set to Complete Acquisition of Kenyan Miner from Barrick

19/08/2020 9:04am

Dow Jones News


Barrick Gold (TSX:ABX)
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By Anthony O. Goriainoff

 

Shanta Gold Ltd. said it expects to complete the acquisition of Acacia Exploration Ltd. from Barrick Gold Corp on Wednesday.

The London-listed, East Africa-focused gold producer said that closing of the transaction is conditional on admission to AIM of 54.7 million consideration shares.

The company said in February it was acquiring Acacia Exploration, a Kenya-based company that has a 100% participating interest in licenses held by AfriOre Ltd., which includes an existing high-grade resource.

The company said at the time that Barrick Gold would become its fifth largest shareholder with a 6.4% interest.

Shares at 0730 GMT were down 0.37 pence, or 2.2%, at 16.88 pence.

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

August 19, 2020 03:49 ET (07:49 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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