Newmont Announces Securityholding in TMAC
Newmont Mining Corporation (NYSE: NEM) (“Newmont” or “the Company”)
announced that, following the completion by TMAC Resources Inc. (“TMAC”)
of an initial public offering of its common shares, Newmont, through its
indirect subsidiary Hope Bay Mining Ltd., beneficially owns 22,299,999
TMAC common shares, representing approximately 30.7 percent of the
Common Shares issued and outstanding. The securityholdings include
3,666,667 TMAC common shares acquired under the initial public offering.
Newmont beneficially owns the TMAC common shares referenced in this news
release for investment purposes. The Company will continue to evaluate
its investment in TMAC and may increase or decrease its security
holdings for investment purposes.
An early warning report in connection with this news release is being
filed by Newmont in accordance with applicable Canadian securities laws
and will be available on the SEDAR website at www.sedar.com.
Newmont is a leading gold and copper producer. The Company employs
approximately 28,000 employees and contractors, with the majority
working at managed operations in the United States, Australia, New
Zealand, Ghana, Peru, Suriname and Indonesia. Newmont is the only gold
producer listed in the S&P 500 index and in 2007 became the first named
to the Dow Jones Sustainability World Index. The Company is an industry
leader in value creation, supported by its leading technical,
environmental, social and safety performance. Newmont was founded in
1921 and has been publicly traded since 1925.
For more information, including to obtain a copy of the early warning
report to which this news release relates, please contact:
Vice President, Associate General Counsel and
Newmont Mining Corporation
Fiddler’s Green Circle
Greenwood Village, CO 80111
View source version on businesswire.com: http://www.businesswire.com/news/home/20150707006510/en/
Source: Newmont Mining Corporation