The Prospector News

Newmont Corporation Announces Sale of Holdings of Orosur Mining Inc.

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Newmont Corporation Announces Sale of Holdings of Orosur Mining Inc.

 

 

 

 

 

Newmont Corporation (NYSE: NEM) (TSX: NGT) (ASX: NEM) (PNGX: NEM) announced the sale of common shares of Orosur Mining Inc.

 

On July 31, 2025, Newmont disposed of 29,213,186 Common Shares in a private transaction, at a price of C$0.19 per Common Share, for aggregate gross proceeds of C$5,550,505.34. Immediately prior to the Disposition, Newmont held 29,213,186 Common Shares. As a result of dilution following certain distributions of Common Shares by the Issuer, Newmont’s holdings immediately prior to the Disposition represented approximately 9.4% of the issued and outstanding Common Shares on a non-diluted basis. As a result of this Disposition, Newmont no longer holds any Common Shares of the Issuer.

 

The Common Shares disposed of were sold for investment purposes. Newmont may, depending on price, market conditions or other conditions or factors it considers relevant from time to time, increase its beneficial ownership, control or direction over Common Shares or other securities of the Issuer through market transactions, private agreements or otherwise.

 

The address of Newmont is located at 6900 E Layton Avenue, Suite 700, Denver, Colorado 80237.

 

About Newmont

 

Newmont is the world’s leading gold company and a producer of copper, zinc, lead, and silver. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise. Founded in 1921, the Company has been publicly traded since 1925.

 

At Newmont, our purpose is to create value and improve lives through sustainable and responsible mining.

 

Posted August 1, 2025

Share this news article

MORE or "UNCATEGORIZED"


Osisko Development Closes C$82.5 Million Private Placement

Osisko Development Corp. (NYSE: ODV) (TSX-V: ODV) is pleased to a... READ MORE

October 29, 2025

Minaurum Drills More High-Grade Silver at Alamos Silver Project

Minaurum Gold Inc. (TSX-V: MGG) (OTCQX: MMRGF) is pleased to ann... READ MORE

October 29, 2025

Altamira Gold Intersects Gold Mineralization Within a New Porphyry Body at Tavares Norte Target, Cajueiro District, Brazil

Altamira Gold Corp. (TSX-V: ALTA) (FSE: T6UP) (OTCQB: EQTRF) is ... READ MORE

October 29, 2025

Seabridge Gold Recovers $4.4 Million after Successfully Challenging Tax Ruling in BC Supreme Court

Further Recoveries Anticipated Seabridge Gold Inc. (TSX: S... READ MORE

October 29, 2025

Standard Uranium Closes Final Tranche of Private Placement

Standard Uranium Ltd. (TSX-V: STND) (OTCQB: STTDF) (FSE: 9SU0) ... READ MORE

October 29, 2025

Copyright 2025 The Prospector News