News: NCM Newcrest Says Agrees To Acquire Pretium Resources

Nov 9 (Reuters) - Newcrest Mining Ltd (NCM) :

• AGREES TO ACQUIRE PRETIUM RESOURCES
• ENTERED INTO AN AGREEMENT TO ACQUIRE ALL OF ISSUED AND OUTSTANDING COMMON SHARES OF PRETIUM RESOURCES INC THAT IT DOES NOT ALREADY OWN
• BOARD OF DIRECTORS OF PRETIVM UNANIMOUSLY RECOMMENDED PRETIVM SHAREHOLDERS VOTE IN FAVOUR OF THE TRANSACTION
• UNDER DEAL, PRETIVM SHAREHOLDERS WILL RECEIVE CONSIDERATION OF C$18.50 PER SHARE
• DEAL ACCRETIVE TO NEWCREST'S EBITDA AND CASH FLOW
• TOTAL CONSIDERATION OFFERED VALUES ALL OF OUTSTANDING COMMON SHARES OF PRETIVM AT APPROXIMATELY $2.8 BILLION
• ARRANGEMENT AGREEMENT INCLUDES A TERMINATION FEE OF C$125 MILLION, PAYABLE BY PRETIVM, UNDER CERTAIN CIRCUMSTANCES

Source text https://www.newcrest.com/sites/default/files/2021-11/211109_Newcrest%20agrees%20to%20acquire%20Pretium%20Resources%20%E2%80%93%20Market%20Release.pdf

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