Barrick announces investment in hercules silver

Toronto, nov. 06, 2023 (globe newswire) -- barrick gold corporation (nyse:gold)(tsx:abx)(“barrick”) announced today that it has agreed to subscribe for 21,265,370 units (“units”) of hercules silver corp. (“hercules”) in a non-brokered private placement (“private placement”) at a price of $1.10 per unit, for total consideration of $23,391,907. each unit is comprised of one common share and 0.32 of a common share purchase warrant, where each whole warrant will entitle the holder for a period of two years to acquire one hercules common share at a price of $1.32 per common share.
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