Hemlo Explorers Announces Extension of Binding Term Sheet with Barrick Gold

TORONTO, June 10, 2022 (GLOBE NEWSWIRE) -- Hemlo Explorers Inc. (the “Company”) (TSXV: HMLO) announces another extension of the binding term sheet with a wholly owned subsidiary of Barrick Gold Corporation (see news release dated April 4, 2022) that originally estimated that the parties would sign a definitive agreement (the “Definitive Agreement”) by April 30, 2022. Both parties continue to work through the due diligence process and are working to finalize the Definitive Agreement in June 2022.

Jun 10, 2022 - 17:06
 0
Hemlo Explorers Announces Extension of Binding Term Sheet with Barrick Gold

TORONTO, June 10, 2022 (GLOBE NEWSWIRE) -- Hemlo Explorers Inc. (the “Company”) (TSXV: HMLO) announces another extension of the binding term sheet with a wholly owned subsidiary of Barrick Gold Corporation (see news release dated April 4, 2022) that originally estimated that the parties would sign a definitive agreement (the “Definitive Agreement”) by April 30, 2022. Both parties continue to work through the due diligence process and are working to finalize the Definitive Agreement in June 2022.

TBS Staff TBS Staff