Newmont Corp. (NEM, NGT.TO) and GT Gold Corp. (GTT.V) have entered into a binding agreement, according to which Newmont will acquire the remaining 85.1% of common shares of GT Gold not already owned by Newmont. Newmont will acquire each GT Gold share at a price of C$3.25, for cash consideration of approximately C$393.0 million.

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Newmont Corp. (NEM, NGT.TO) and GT Gold Corp. (GTT.V) have entered into a binding agreement, according to which Newmont will acquire the remaining 85.1% of common shares of GT Gold not already owned by Newmont. Newmont will acquire each GT Gold share at a price of C$3.25, for cash consideration of approximately C$393.0 million.

RTTNews | Mar 10, 2021 07:25AM EST

07:25 Wednesday, March 10, 2021 (RTTNews.com) - Newmont Corp. (NEM, NGT.TO) and GT Gold Corp. (GTT.V) have entered into a binding agreement, according to which Newmont will acquire the remaining 85.1% of common shares of GT Gold not already owned by Newmont. Newmont will acquire each GT Gold share at a price of C$3.25, for cash consideration of approximately C$393.0 million.

GT Gold is engaged in advancing its wholly-owned, 47,500 hectare Tatogga property, located near Iskut, British Columbia. To date, GT Gold has made two significant discoveries on the Tatogga property.

"We are excited to expand our world-class portfolio to include the Tatogga project in the Tahltan Territory located in the highly sought-after Golden Triangle district of British Columbia, Canada," said Newmont CEO Tom Palmer.

Read the original article on RTTNews ( https://www.rttnews.com/3176325/newmont-to-acquire-gt-gold-and-tatogga-project-quick-facts.aspx)

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