Business
Newmont Mining Corporation of Canada Limited Announces Redemption Date for all of its Exchangeable Shares and Mailing of Redemption Materials
TORONTO , Dec. 20, 2013 /CNW/ - Newmont Mining Corporation of Canada Limited (the "Com...
About this update from Nuvau Minerals Inc.
[{"type":"text","content":"\n\n\nTORONTO, Dec. 20, 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 has set\n February 18, 2014 as the redemption date (the \"Redemption Date\") for\n the previously announced redemption of all of its outstanding\n exchangeable shares (other than those held by Newmont and its\n affiliates) and that it has mailed a redemption notice and related\n documents to shareholders.\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). Newmont or one of its affiliates (\"Callco\") will\n exercise the redemption call right (the \"Redemption Call Right\") to\n acquire all of the outstanding Exchangeable Shares (other than those\n held by Newmont and its affiliates) on the Redemption Date. \n Accordingly, the Exchangeable Shares will be purchased by Callco,\n rather than the Company.\n\n\nCopies of the redemption notice and related documents, including a\n letter of transmittal, will be filed on the Canadian System for\n Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com\n 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\n\nSOURCE Newmont Mining Corporation of Canada Limited\n\n\n\n Inve...