THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION; Not for release, publication or distribution, in whole or in part, in
or into any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction
RECOMMENDED ALL-SHARE MERGER of BARRICK GOLD CORPORATION
and RANDGOLD RESOURCES LIMITED
JERSEY, CHANNEL ISLANDS / ACCESSWIRE / September 24, 2018 /
Summary
The Boards of Barrick Gold Corporation ("Barrick") and Randgold Resources Limited (NASDAQ: GOLD) (LSE: RRS) ("Randgold") are
pleased to announce that they have reached agreement on the terms of a recommended share-for-share merger of Barrick and Randgold
(the "Merger") to create an industry-leading gold company. It is intended that the Merger will be implemented by means of a
court-sanctioned scheme of arrangement of Randgold and the Randgold Shareholders under Article 125 of the Companies (Jersey) Law
1991, with the entire issued and to be issued share capital of Randgold being acquired by Barrick.
Under the terms of the Merger, each Randgold Shareholder will receive:
6.1280 New Barrick Shares for each Randgold Share
This exchange ratio (the "Exchange Ratio") has been agreed based on the volume-weighted average prices of Barrick Shares traded
on NYSE, and Randgold ADSs traded on NASDAQ, respectively, over the 20 trading days ended on 21 September 2018 (being the last
business day before this announcement).
Following completion of the Merger, Barrick Shareholders will own approximately 66.6 per cent. and Randgold Shareholders will
own approximately 33.4 per cent. of the New Barrick Group on a fully-diluted basis.
Click on, or paste the following link into your web browser, to view the associated PDF document.
http://www.rns-pdf.londonstockexchange.com/rns/6665B_1-2018-9-24.pdf
Enquiries
Barrick
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Deni Nicoski
Senior Vice President
Investor Relations
Telephone: +1 416 307-7474
Email: dnicoski@barrick.com
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Andy Lloyd
Senior Vice President
Communications
Telephone: +1 416 307-7414
Email: alloyd@barrick.com
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Carole Cable
Partner
Brunswick Group LLP
Tel +44 (0)20 7404 5959
Direct +44 (0)20 7396 7458
Mob +44 (0)7974 982 458
ccable@brunswickgroup.com
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M. Klein and Co. (financial adviser to Barrick)
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David Friedman
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+1-212-380-7500
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Peter Seibold
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Cyrus Hiramanek
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Morgan Stanley (financial adviser to Barrick)
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Colm Donlon
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+44 207 425 8000
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Richard Tory
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+1 416 943 8400
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Jan Lennertz
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+1 212 761 4000
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Randgold
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Chief Executive Officer
Mark Bristow
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Finance Director and Chief Financial Officer
Graham Shuttleworth
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Investor & Media Relations
Kathy du Plessis
+44 20 7557 7738
randgold@dpapr.com
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CIBC (financial adviser to Randgold)
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Neil Johnson
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+44 20 7234 6000
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Oliver Ward
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Barclays (financial adviser and corporate broker to Randgold)
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Paul Knight
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+1 (416) 863 8900
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Nishant Amin
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+44 (0) 20 7623 2323
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SOURCE: Randgold Resources Ld