The total consideration is US$250 million in cash plus an adjustment amount. Barrick will be entitled to the production and the economic benefit of the 20 per cent interest in Porgera, from the effective date of April 1, 2007. In connection with the transaction, Emperor has granted Barrick the option of subscribing up to 15 per cent of Emperor's current issued capital within 10 days following Emperor's special shareholders' meeting.
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The total consideration is US$250 million in cash plus an...
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