Newmont Completes Acquisition of Miramar

About this update from New Found Gold Corp

[{"type":"text","content":"\n\n\n\nDENVER, March 17 /CNW/ -- Newmont Mining Corporation (NYSE: NEM)\nannounced today that Newmont Mining B.C. Limited, an indirect wholly-owned\nsubsidiary of Newmont, has completed the compulsory acquisition procedures\nunder the Business Corporations Act (British Columbia) in respect of the\ncommon shares of Miramar Mining Corporation (TSX: MAE, Amex: MNG). The common\nshares of Miramar have been de-listed from the Toronto Stock Exchange as of\nthe close of trading on March 12, 2008 and from the American Stock Exchange as\nof the close of trading on March 17, 2008, and Miramar has applied to\napplicable Canadian securities regulators to cease to be a reporting issuer in\neach of the provinces and territories of Canada.\n\n\nAbout Newmont:\n\n\nFounded in 1921 and publicly traded on the NYSE since 1925, Newmont is\none of the largest gold companies in the world. Headquartered in Denver,\nColorado, the company employs approximately 15,000 people, the majority of\nwhom work at Newmont's core operations in the United States, Australia, Peru,\nIndonesia and Ghana. Newmont is the only gold company listed in the S&P 500\nindex and in the Dow Jones Sustainability Index-World. Newmont's industry\nleading performance is reflected through high standards in environmental\nmanagement, health and safety for its employees and creating value and\nopportunity for host communities and shareholders.\n\n\nAbout Miramar:\n\n\nMiramar is a Canadian gold company that controls the Hope Bay Project,\none of the largest undeveloped gold projects in North America. The Hope Bay\nProject extends over 1,000 square kilometers and encompasses one of the most\nprospective undeveloped greenstone belts in North America.\n\n\n","length":1835,"tagName":"div"}]

More updates from New Found Gold Corp