Barrick Gold recommends shareholders reject mini-tender offer by TRC Capital

Date:

January 13, 2025

Image courtesy of Barrick Gold.

Barrick Gold on Monday recommended that its shareholders reject an unsolicited offer by TRC Capital Investment to buy about 0.29% of the miner’s common stock.

The gold miner said it had received notice of an unsolicited mini-tender offer made by TRC Capital to purchase up to 5 million of Barrick’s common shares, adding that it was at a below-market price of C$21.35 apiece.

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Barrick Gold recommends shareholders reject mini-tender offer by TRC Capital

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