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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 |
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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