Hercules Silver Announces Closing of Strategic C$23.39 Million Investment by Barrick Gold
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Toronto, Ontario--(Newsfile Corp. - November 6, 2023) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") today announced that it has entered into an agreement with Barrick Gold Corporation ("Barrick") whereby Barrick has agreed to purchase 21,265,370 units of Hercules Silver (the "Units") in a non-brokered private placement (the "Placement") at a price of C$1.10 per Unit for gross proceeds of C$23,391,907. Each Unit consists of one common share of
TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX)(“Barrick”) announced today that it has agreed to subscribe for 21,265,370 units (“Units”) of Hercules Silver Corp. (“Hercules”) in a non-brokered private placement (“Private Placement”) at a price of $1.10 per Unit, for total consideration of $23,391,907. Each Unit is comprised of one common share and 0.32 of a common share purchase warrant, where each whole warrant will entitle the holder for a period of tw
Detailed price information for Hercules Silver Corp (BIG-X) from The Globe and Mail including charting and trades.
Mining Stock News: Barrick Gold Invests in Hercules Silver (TSXV: BIG)