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Hercules Silver Corp : Hercules Silver Announces Closing of Strategic Investment by Barrick Gold Corporation

Hercules Silver Corp : Hercules Silver Announces Closing of Strategic Investment by Barrick Gold Corporation
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Hercules Silver Announces Closing of Strategic C$23 39 Million Investment by Barrick Gold

Barrick Gold Invests in Hercules Silver

Toronto, Ontario (Newsfile Corp. - November 6, 2023) - Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) ("Hercules Silver" or the "Company") today announced that it has entered into an agreement with Barrick Gold Corporation ("Barrick") whereby Barrick has agreed to purchase 21,265,370 units of Hercules Silver (the "Units") in a non-brokered private placement (the "Placement") at a price of C$1.10 per Unit for gross proceeds of C$23,391,907. Each Unit consists of one common share of

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 tw

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