TRC Capital makes below-market tender offer for Barrick Gold shares

From GlobeNewswire: 2025-01-13 07:00:00

Barrick Gold Corporation has been targeted by an unsolicited mini-tender offer from TRC Capital to purchase up to 5,000,000 common shares at a below-market price of C$21.35 per share. This offer represents a discount of approximately 4.52% and 4.38% to the closing price of Barrick’s shares on January 7, 2025. Both Canadian and U.S. securities regulators caution investors about mini-tender offers, urging them to carefully consider the offer price relative to the actual market price. Barrick shareholders are advised to consult with their broker or financial advisor and exercise caution with TRC Capital’s offer, which can be withdrawn before February 6, 2025.



Read more at GlobeNewswire: Barrick Recommends Shareholders Reject TRC Capital’s