Business
Newmont Mining Corporation of Canada Limited Announces Intention to Redeem all of its Outstanding Exchangeable Shares
TORONTO , Dec. 11, 2013 /CNW/ - Newmont Mining Corporation of Canada Limited (the "Com...
About this update from Nuvau Minerals Inc.
[{"type":"text","content":"\n\n\nTORONTO, Dec. 11, 2013 /CNW/ - Newmont Mining Corporation of Canada\n Limited (the \"Company\") (TSX: NMC), a subsidiary of Newmont Mining\n Corporation (\"Newmont\") (NYSE: \"NEM\"), today announced that it intends\n to redeem all of its outstanding exchangeable shares (other than those\n held by Newmont and its affiliates) during the first half of 2014 (and\n in any event no earlier than February 14, 2014), and that Newmont\n Holdings ULC has elected to exercise its right to purchase all of the\n outstanding exchangeable shares from the holders thereof on the\n redemption date for the redemption price described below.  The Company\n will issue a further news release announcing the redemption date when\n it has been determined.\n\n\nOn the redemption date, holders of exchangeable shares (other than those\n held by Newmont and its affiliates) will receive, in exchange for each\n exchangeable share, one share of common stock of Newmont (plus cash in\n the amount of all declared and unpaid dividends, if any, provided that\n the record date for the payment of such dividends is prior to the\n redemption date).\n\n\nA notice of redemption and related documentation will be mailed to\n holders of exchangeable shares no later than 60 days prior to the\n redemption date. Copies of these documents will be filed on the\n Canadian System for Electronic Document Analysis and Retrieval (SEDAR)\n at www.sedar.com under the Company's profile.\n\n\nCautionary Statement Regarding Forward-Looking Statements:\n\n\nThis release contains \"forward-looking information\" within the meaning\n of applicable Canadian securities laws, including the anticipated\n timing and completion of the redemption, that involves known and\n unknown risks, uncertainties and other factors that may cause actual\n timing, completion or results to be materially different than those\n expressed or implied by those forward-looking statements.\n Forward-looking information is based on various factors and assumptions\n and involves certain risks and uncertainties, should not be interpreted\n as guarantees of future results, should not be unduly relied upon, and\n will not necessarily be accurate indications of whether or not such\n results will be achieved.\n\n\nSOURCE Newmont Mining Corporation of Canada Limited\n\n\n\n Investor Contacts Allysa Howell  303...