NEM Newmont Corporation

Newmont Files Early Warning Report

Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (together with its affiliates, “Newmont” or the “Company”) announced today that Newcrest Canada Holdings Inc. (the “Vendor”), a wholly-owned subsidiary of Newmont, sold all 14,674,056 common shares of Azucar Minerals Ltd. (“Azucar”) held by the Vendor to Almadex Minerals Ltd. (“Almadex”) and certain directors and officers of Azucar (collectively with Almadex, the “Purchasers”), for an aggregate purchase price of $220,110.84, being $0.015 per share (the “Transaction”). The Transaction was completed pursuant to a share purchase agreement among the Vendor and the Purchasers dated as of October 21, 2024 (the “Share Purchase Agreement”).

Pursuant to the Transaction, the Vendor sold 14,674,056 common shares of Azucar (“Azucar Shares”), representing approximately 19.9% of the issued and outstanding Azucar Shares as of the date of the Share Purchase Agreement. Accordingly, the disposition of the Vendor’s Azucar Shares represents a decrease in Newmont’s ownership from approximately 19.9% to 0% of the issued and outstanding Azucar Shares.

The Vendor’s Azucar Shares were sold in reliance on the “private agreement exemption” in Section 4.2 of National Instrument 62-104 – Take-Over Bids and Issuer Bids (“NI 62-104”). In particular, the purchase of the Azucar Shares was made from not more than 5 persons in the aggregate, the bid was not made generally to security holders of the class of securities that was the subject of the bid, and the value of the consideration paid by the Purchasers for the Azucar Shares, including brokerage fees and commissions, was not greater than 115% of the market price of the Azucar Shares at the date of the bid as determined in accordance with section 1.11 of NI 62-104.

This press release is issued pursuant to the early warning provisions of Canadian securities legislation. To obtain a copy of the Early Warning Report filed by Newmont under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, please contact Neil Backhouse at +1 (303) 837-5002 or . A copy of the Early Warning Report to be filed by Almadex in connection with the transactions described above will be available on the Almadex’s SEDAR+ profile at .

Newmont’s address is 6900 E Layton Avenue, Suite 700, Denver, CO 80237.

About Newmont

Newmont is the world’s leading gold company and a producer of copper, zinc, lead, and silver. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise. Newmont was founded in 1921 and has been publicly traded since 1925.

At Newmont, our purpose is to create value and improve lives through sustainable and responsible mining. To learn more about Newmont’s sustainability strategy and initiatives, go to .

EN
07/11/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Newmont Corporation

 PRESS RELEASE

Newmont Files Early Warning Report

DENVER--(BUSINESS WIRE)-- Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (together with its affiliates, “Newmont” or the “Company”) announced today that Newcrest Canada Holdings Inc. (the “Vendor”), a wholly-owned subsidiary of Newmont, sold all 14,674,056 common shares of Azucar Minerals Ltd. (“Azucar”) held by the Vendor to Almadex Minerals Ltd. (“Almadex”) and certain directors and officers of Azucar (collectively with Almadex, the “Purchasers”), for an aggregate purchase price of $220,110.84, being $0.015 per share (the “Transaction”). The Transaction was completed pursuant...

Newmont Corp: 2 directors

Two Directors at Newmont Corp sold 16,000 shares at 45.450USD. The significance rating of the trade was 62/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sh...

 PRESS RELEASE

Newmont Receives First Battery-Electric Large Mining Truck

DENVER--(BUSINESS WIRE)-- (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont”) today announces the commissioning of its first battery-electric large mining truck at the Cripple Creek and Victor (CC&V) mine in Teller County, Colorado, U.S. The vehicle, dubbed the Early Learner Cat® 793 XE, is an important milestone for Newmont, made possible through its strategic alliance with Caterpillar Inc. This press release features multimedia. View the full release here: "The arrival of the Early Learner Cat 793 XE underscores our ongoing commitment to reducing greenhouse gas (GHG) emissions across ou...

 PRESS RELEASE

Newmont Suriname nommée lauréate du prix du secrétaire d’état des État...

DENVER--(BUSINESS WIRE)-- Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) a annoncé aujourd’hui que ses opérations au Suriname ont reçu le prix du Secrétaire d’état des États-Unis d’Amérique pour l’Excellence d’entreprise dans la catégorie « Climate Resilience » (Résilience climatique). Ce prix met en évidence le rôle crucial de Newmont dans le développement économique du Suriname et l’engagement de la société en faveur de la durabilité et de la responsabilité sociale des entreprises. Ce communiqué de presse contient des éléments multimédias. Voir le communiqué complet ici : « ...

 PRESS RELEASE

Newmont Suriname Awarded U.S. Secretary of State’s Award for Corporate...

DENVER--(BUSINESS WIRE)-- Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announces its operations in Suriname has been awarded with the United States of America Secretary of State’s Award for Corporate Excellence in the Climate Resilience category. This recognition, highlights Newmont’s pivotal role in advancing Suriname’s economic development and the company’s commitment to sustainability and corporate responsibility. This press release features multimedia. View the full release here: "Newmont is honored to receive this prestigious award. It is a testament to our commit...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch