March 11 (Reuters) - Newcrest Mining Ltd (NCM) :
- NEWCREST TO ACQUIRE POTENTIAL TIER 1 OREBODY IN CANADA
- DEAL FOR US$806.5M
- TO ACQUIRE A 70% JOINT-VENTURE INTEREST IN, AND OPERATORSHIP OF, RED CHRIS MINE AND SURROUNDING TENEMENTS IN BRITISH COLUMBIA
- PLANS TO FUND ACQUISITION FROM CASH AND COMMITTED UNDRAWN BANK FACILITIES WHICH TOGETHER AMOUNTED TO OVER US$3.0 BLN AS AT 31 DEC 2018
- CO ENTERED INTO AN AGREEMENT WITH IMPERIAL METALS CORP
- WILL BE TARGETING PROSPECTIVE REGIONS BEYOND CURRENT MINE LOOKING FOR FURTHER PORPHYRY CENTRES
- CLOSING OF DEAL EXPECTED TO OCCUR IN Q3 CY19 WITH AN OUTSIDE DATE FOR CLOSING BY 15 AUGUST 2019
Source text http://bit.ly/2NRDpUO
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