Newcrest announces exclusivity period with newmont extended

Melbourne, australia--(newsfile corp. - may 11, 2023) - further to the asx announcement dated 14 april 2023, newcrest mining limited (asx: ncm) (tsx: ncm) (pngx: ncm) provides the following update on the revised conditional and non-binding proposal from newmont corporation (newmont) to acquire 100% of the issued shares in newcrest, by way of a scheme of arrangement (revised proposal). on 14 april 2023, newcrest announced that it had granted newmont exclusivity until 11:59pm on 11 may 2023 to allow newmont to conduct confirmatory due diligence on an exclusive basis.
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