Barrick participates in Midas Gold offering
From miningweekly.com
The world’s second largest gold miner, Barrick Gold, on Tuesday announced that it would acquire shares in US-focused Midas Gold as part of the Vancouver-headquartered junior’s public offering of shares announced the previous day. Barrick currently owns 46 551 731 shares of Midas, representing about 19.6% of the junior and will acquire a further 7 274 142 shares, taking its stake to about 19.9%. Barrick would acquire the additional shares at the offering price of C$0.60 a share, for an aggregate consideration of about C$4.4-million. Midas, which is advancing the Stibnite gold project, in Idaho, on Monday announced ...
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