Barrick-Randgold Merger Consummated as Trading Starts in New Company’s Shares [Canadian Business Journal (Canada)]
BARRICK GOLD (ABX)
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Source: Canadian Business Journal
Barrick-Randgold Merger Consummated as Trading Starts in New Company’s Shares CBJ Newsmakers All amounts expressed in U.S. dollars unless otherwise indicated NEW YORK and TORONTO, Jan. 02, 2019 (GLOBE NEWSWIRE) — Trading in the shares of the new company created by the merger of Barrick Gold and Randgold Resources started at the opening of business on the New York and Toronto Stock Exchanges this morning. The ringing of the opening bell at the NYSE was performed by the company’s executive chairman, John Thornton, accompanied by the president and chief executive officer, Mark Bristow. The new company is still known as Barrick but its trading symbol on the NYSE will change to GOLD, the ticker formerly held by Randgold on NASDAQ. On the TSX, the ticker remains ABX. The merger has created a sector-leading gold company which owns five of the industry’s Top 10 Tier One gold assets 1 (Cortez and Goldstrike in Nevada, USA (100%); Kibali in DRC (45%); Loulo-Gounkoto in Mali (8
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