NEM to Sell Fuerte Shares Through Secondary Transaction Agreement
Key Takeaways Newmont agreed to sell 6,773,641 Fuerte common shares at C29.5M in gross proceeds, with Goldcorp Canada selling to multiple buyers under exemptions.After the sale, Newmont's Fuerte ownership falls to about 19.5%, with future holdings to be evaluated.Newmont Corporation (NEM) has entered into agreements to sell a total of 6,773,641 common shares of Fuerte Metals Corporation. NEM owns its interests in Fuerte through its wholly owned subs ...