Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Carcetti Capital raised $542M to acquire Ontario’s Hemlo Gold Mine from Barrick, pending closing by April 2026.
Carcetti Capital Corp. completed a private placement raising about $542 million to finance its acquisition of the Hemlo Gold Mine in Ontario from Barrick Mining.
The funds, from 378 million subscription receipts at C$2.00 each, are held in escrow and will convert to shares upon closing the deal, which includes $875 million in cash and 34.6 million shares, plus up to $165 million in contingent payments based on gold prices.
The company also reactivated to the main board of the TSX Venture Exchange as a Tier 1 mining issuer.
The transaction remains subject to a six-month deadline, with funds returned if not completed.
14 Articles
Carcetti Capital recaudó $ 542 millones para adquirir la mina de oro Hemlo de Ontario de Barrick, a la espera de su cierre en abril de 2026.