{"id":796408,"date":"2024-12-19T18:33:09","date_gmt":"2024-12-19T23:33:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/newmont-files-early-warning-report\/"},"modified":"2024-12-19T18:33:09","modified_gmt":"2024-12-19T23:33:09","slug":"newmont-files-early-warning-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/newmont-files-early-warning-report\/","title":{"rendered":"Newmont Files Early Warning Report"},"content":{"rendered":"

<\/p>\n

Newmont Files Early Warning Report<\/b><\/p>\n

DENVER–(BUSINESS WIRE<\/a>)–
\nNewmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (together with its affiliates, \u201cNewmont<\/b>\u201d or the \u201cCompany<\/b>\u201d) announced today that Newmont Canada FN Holdings ULC (the \u201cVendor<\/b>\u201d), a wholly-owned subsidiary of Newmont, sold 9,500,000 common shares of Star Diamond Corporation (\u201cStar<\/b>Diamond<\/b>\u201d) held by the Vendor by way of a private placement transaction for an aggregate purchase price of $190,000.00, being $0.02 per share (the \u201cTransaction<\/b>\u201d).<\/p>\n

\nPursuant to the Transaction, the Vendor sold 9,500,000 common shares of Star Diamond (\u201cStar Diamond<\/b>Shares<\/b>\u201d), representing approximately 1.54% of the issued and outstanding Star Diamond Shares as of the date of the Transaction. Accordingly, the disposition of the Vendor\u2019s Star Diamond Shares represents a decrease in Newmont\u2019s ownership from approximately 11.45% to 9.92% of the issued and outstanding Star Diamond Shares.<\/p>\n

\nNewmont Canada has no current intention to acquire any Star Diamond Shares, but may, depending on market and other conditions, acquire beneficial ownership or control of the Shares or other securities of Star Diamond whether through market transactions, private agreements, treasury issuances, exercise of convertible securities or otherwise.<\/p>\n

\nThis 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 \u2013 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues<\/i>, please contact Neil Backhouse at +1 (303) 837-5002 or investor.relations@newmont.com<\/a>.<\/p>\n

\nNewmont\u2019s address is 6900 E Layton Avenue, Suite 700, Denver, CO 80237.<\/p>\n

About Newmont<\/b><\/p>\n

\nNewmont is the world\u2019s leading gold company and a producer of copper, zinc, lead, and silver. The Company\u2019s 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.<\/p>\n

\nAt Newmont, our purpose is to create value and improve lives through sustainable and responsible mining. To learn more about Newmont\u2019s sustainability strategy and initiatives, go to www.newmont.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20241219945100\/en\/<\/a><\/span><\/p>\n

Investor Contact \u2013 Global
\n<\/b>
Neil Backhouse
\n
investor.relations@newmont.com<\/a><\/p>\n

Media Contact \u2013 Global
\n<\/b>
Jennifer Pakradooni
\n
globalcommunications@newmont.com<\/a><\/p>\n

KEYWORDS:<\/b> Colorado United States North America Canada<\/p>\n

INDUSTRY KEYWORDS:<\/b> Mining\/Minerals Natural Resources<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Newmont Files Early Warning Report DENVER–(BUSINESS WIRE)– Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (together with its affiliates, \u201cNewmont\u201d or the \u201cCompany\u201d) announced today that Newmont Canada FN Holdings ULC (the \u201cVendor\u201d), a wholly-owned subsidiary of Newmont, sold 9,500,000 common shares of Star Diamond Corporation (\u201cStarDiamond\u201d) held by the Vendor by way of a private placement transaction for an aggregate purchase price of $190,000.00, being $0.02 per share (the \u201cTransaction\u201d). Pursuant to the Transaction, the Vendor sold 9,500,000 common shares of Star Diamond (\u201cStar DiamondShares\u201d), representing approximately 1.54% of the issued and outstanding Star Diamond Shares as of the date of the Transaction. Accordingly, the disposition of the Vendor\u2019s Star Diamond Shares represents a decrease in Newmont\u2019s … <\/p>\n

Continue reading “Newmont Files Early Warning Report”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-796408","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNewmont Files Early Warning Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/newmont-files-early-warning-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Newmont Files Early Warning Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Newmont Files Early Warning Report DENVER–(BUSINESS WIRE)– Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (together with its affiliates, \u201cNewmont\u201d or the \u201cCompany\u201d) announced today that Newmont Canada FN Holdings ULC (the \u201cVendor\u201d), a wholly-owned subsidiary of Newmont, sold 9,500,000 common shares of Star Diamond Corporation (\u201cStarDiamond\u201d) held by the Vendor by way of a private placement transaction for an aggregate purchase price of $190,000.00, being $0.02 per share (the \u201cTransaction\u201d). 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