Newcrest Announces Update on Regulatory Approvals for Scheme

Rhea-AI Summary

Newcrest Mining Limited receives government regulatory approvals for proposed acquisition

Melbourne, Australia--(Newsfile Corp. - October 5, 2023) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) refers to the proposed acquisition of Newcrest by Newmont Overseas Holdings Pty Ltd, a wholly owned indirect subsidiary of Newmont Corporation, by way of a scheme of arrangement (Scheme).

Newcrest has been notified by Newmont that all government regulatory approvals that are conditions precedent to the Scheme have been obtained. This includes approvals from the Australian Foreign Investment Review Board and competition authorities in Australia, Canada and Papua New Guinea.

The Scheme remains subject to Newcrest shareholder, Newmont stockholder and Court approval, as well as other customary conditions.

If you have any questions in relation to the Scheme, please contact the Newcrest Shareholder Information Line on 1800 425 578 (within Australia) or +61 1800 425 578 (outside Australia), between 8.30am and 7.30pm (Melbourne time), Monday to Friday (excluding public holidays).

Authorised by the Newcrest Disclosure Committee

For further information please contact

Investor Enquiries
Tom Dixon
+61 3 9522 5570
+61 450 541 389
Tom.Dixon@newcrest.com.au

Rebecca Lay
+61 3 9522 5298
+61 438 355 511
Rebecca.Lay@newcrest.com.au

North American Investor Enquiries
Vlada Cvijetinovic
+1 604 335 9202
+1 604 240 2998
Vlada.Cvijetinovic@newcrest.com.au

Media Enquiries
Celina Watt
+61 3 9522 4264
+61 436 677 220
Celina.Watt@newcrest.com.au

This information is available on our website at www.newcrest.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/183121

FAQ

What is the proposed acquisition of Newcrest by Newmont Overseas Holdings Pty Ltd?

The proposed acquisition refers to Newmont Overseas Holdings Pty Ltd, a subsidiary of Newmont Corporation, acquiring Newcrest Mining Limited.

What government regulatory approvals have been obtained?

Newcrest has obtained approvals from the Australian Foreign Investment Review Board and competition authorities in Australia, Canada, and Papua New Guinea.

What are the remaining conditions for the Scheme?

The Scheme is still subject to approval from Newcrest shareholders, Newmont stockholders, the Court, and other customary conditions.

How can I contact Newcrest for questions about the Scheme?

You can contact the Newcrest Shareholder Information Line at 1800 425 578 (within Australia) or +61 1800 425 578 (outside Australia), Monday to Friday between 8.30am and 7.30pm (Melbourne time).

Who should I contact for investor inquiries?

For investor inquiries, you can contact Tom Dixon at +61 3 9522 5570 or Rebecca Lay at +61 3 9522 5298.

Who should I contact for North American investor inquiries?

For North American investor inquiries, you can contact Vlada Cvijetinovic at +1 604 335 9202.

Who should I contact for media inquiries?

For media inquiries, you can contact Celina Watt at +61 3 9522 4264.