(AGENPARL) - Roma, 8 Agosto 2025 - (AGENPARL) – Fri 08 August 2025 PRESS RELEASE
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Barrick today announced that it has reached an agreement to sell the Alturas Project in Chile to a subsidiary of Boroo Pte Ltd (Singapore) for an up-front cash payment of $50 million. In addition, Barrick will be granted a 0.5% net smelter return royalty on gold and silver produced from the Project, which will terminate once 2 million ounces of gold and gold-equivalent have been produced. Boroo may repurchase the royalty within four years from closing for $10 million.
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The image shows the Barrick logo, which features the word BARRICK prominently displayed in large, teal-blue capital letters. Beneath the text is a slender gold or horizontal line that extends from under the text toward the right edge of the logo. This is the corporate logo for Barrick Mining Corporation.
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Barrick Mining Corporation . 161 Bay Street, Suite 3700 . Toronto, Ontario M5J 2S1 . Canada