Newmont Announces Proposed Common Stock Offering

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06/08/2015

DENVER--(BUSINESS WIRE)-- Newmont Mining Corporation (NYSE: NEM) (“Newmont” or “the Company”) today announced its intention to offer 29,000,000 shares of its common stock, subject to market and other conditions, through a registered public offering. In connection with the common stock offering, Newmont has granted the underwriters a 30-day option to purchase up to an additional 4,350,000 shares of common stock. The offering will be made pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission.

The Company intends to use the net proceeds from this offering to fund the acquisition from AngloGold Ashanti Limited of the Cripple Creek and Victor mine in Colorado (the “CC&V Acquisition”), supplemented with cash from the Company’s balance sheet. Until the CC&V Acquisition is completed, the Company intends to place the net proceeds from this offering in short-term liquid investments. If the CC&V Acquisition is not completed, the Company intends to use the net proceeds from the offering for general corporate purposes (which may include repaying debt, funding exploration, developing its project pipeline, paying dividends or other forms of capital returned to shareholders).

Citigroup Global Markets Inc., J.P. Morgan and HSBC Securities (USA) Inc. will act as joint book-running managers for the offering. Copies of the preliminary prospectus supplement and accompanying prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, may be obtained from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at (800) 831-9146, from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions at 1155 Long Island Avenue, Edgewood, New York 11717 or by telephone at (866) 803-9204 or from HSBC Securities (USA) Inc., Attention: Prospectus Department, 452 Fifth Avenue, New York, NY 10018 or by telephone at (877) 429-7459 or by email at ny.equity.syndicate@us.hsbc.com. An electronic copy may also be obtained at www.sec.gov.

This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities being offered have not been approved or disapproved by any regulatory authority, nor has any such authority passed upon the accuracy or adequacy of the prospectus supplement or the shelf registration statement or prospectus. A registration statement relating to the securities has been filed with the Securities and Exchange Commission, which is effective. A preliminary prospectus supplement relating to the offering will be filed with the Securities and Exchange Commission.

Cautionary Statement

This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor provided for under these sections. Such forward-looking statements may include, without limitation, statements as to the expected use of proceeds from the offering, statements regarding future sales of securities, completion and timing of the acquisition of the Cripple Creek and Victor mine in Colorado from AngloGold Ashanti Limited and capital expenditures. Where the Company expresses an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by those forward-looking statements. Such risks include, but are not limited to, gold and other metals price volatility, currency fluctuations, increased production costs and variances in ore grade or recovery rates from those assumed in mining plans, political and operational risks in the countries in which the Company operates and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company's 2014 Annual Report on Form 10-K, filed on February 20, 2015 and the Company’s Quarterly Report on Form 10-Q, filed on April 24, 2015, each of which is on file with the Securities and Exchange Commission, as well as the Company's other SEC filings. Many of these factors are beyond the Company’s ability to control or predict. Given these uncertainties, investors are cautioned not to place undue reliance on those forward-looking statements. All subsequent written and oral forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by the cautionary statements. The Company disclaims any intention or obligation to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Source: Newmont Mining Corporation

Newmont Mining Corporation

Investor Contact

Meredith Bandy, 303-837-5143

meredith.bandy@newmont.com

or

Media Contact

Omar Jabara, 303-837-5114

omar.jabara@newmont.com