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flag Carcetti Capital acquires Hemlo Gold Mine, rebranding as Hemlo Mining Corp. to become a mid-tier Canadian gold producer.

flag Carcetti Capital Corp. has completed its acquisition of the Hemlo Gold Mine in Ontario from Barrick Mining, forming a new mid-tier Canadian gold producer. flag The reverse takeover on the TSXV involved issuing 34.6 million shares and up to $165 million in gold-linked payments over five years. flag Financing totaled about $1 billion, including a $300 million deal with Wheaton Precious Metals, $250 million in bank loans, and a $542 million private placement. flag The company will rebrand as Hemlo Mining Corp. and begin trading on the TSXV under the symbol HMMC on December 2, 2025, following expected approval by November 28. flag The acquisition includes existing operations and a focus on production optimization, exploration, and collaboration with First Nations and local communities.

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