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Pinson Gold Project,Nevada &
Barrick Gold Corp
Update Date: 11/03/08
Date Announced: 10/09/08
Value (million $USD): 30.0 million U.S. Dollar
Status: Pending
TRANSACTION DETAILS
Date Announced10/09/08
Date Originally Announced10/09/08
FormatAcq. Maj. Int.Acquisition techniquesNot Applicable
AttitudeFriendlyAgencyn/a
Value30.0 million U.S. DollarAdvisor Feesn/a
SYNOPSIS
US - Barrick Gold Corp agreed to acquire a 70% interest in the Pinson Gold project, located in Nevada, a gold mining property, for $30 mil.
TARGET
NamePinson Gold Project,Nevada
Industriesn/a
Cityn/a
StateNV
NationUnited States
Incorporated inn/a
Public StatusPrivate
Business DescriptionThe Pinson Gold project, located in Nevada, is a gold mining property.
AdvisorsNULL
Target Salesn/a
ACQUIROR
NameBarrick Gold Corp (ABX)
Industriesn/a
CityToronto
Staten/a
NationCanada
Incorporated inn/a
Public StatusPublic
Business DescriptionBarrick Gold Corp, located in Toronto, Ontario, is a gold mining company with a portfolio of 27 operating mines, many advanced exploration and development projects and operations located across five continents - North and South America, Africa, Australia Pacific, Russia and Central Asia, and large land positions on the most prolific and prospective mineral trends. The company was founded in 1983.
AdvisorsNULL
Acquiror Sales7.25 billion U.S. Dollar
7.71 billion Canadian Dollar
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