Falcon Gold completes Latamark Sources spinout

Set forth within the desk beneath is the Complete Consideration for the Notes, as calculated at 2:00 p.m. (New York Metropolis time) at this time, November 18, 2022, in accordance with the Provide to Buy.

The Provide will expire at 5:00 p.m. (New York Metropolis time) at this time, November 18, 2022, until prolonged or earlier terminated (such date and time, as the identical could also be prolonged, the “Expiration Date”). Notes could also be validly withdrawn at any time at or prior to five:00 p.m. (New York Metropolis time) on the Expiration Date (such date and time, as the identical could also be prolonged, the “Withdrawal Date”), however not thereafter, until prolonged by the Offeror.

For Holders who ship a Discover of Assured Supply and all different required documentation at or previous to the Expiration Date, upon the phrases and topic to the situations set forth within the Tender Provide Paperwork, the deadline to validly tender Notes utilizing the Assured Supply Procedures would be the second enterprise day after the Expiration Date and is predicted to be 5:00 p.m. (New York Metropolis time) on November 22, 2022 (the “Assured Supply Date”).

The Settlement Date is predicted to be November 23, 2022, the third enterprise day after the Expiration Date and the primary enterprise day after the Assured Supply Date, until prolonged.

Upon the phrases and topic to the situations set forth within the Provide to Buy, Holders whose Notes are accepted for buy within the Provide will obtain the Complete Consideration for every $1,000 principal quantity of such Notes in money on the Settlement Date.

Along with the Complete Consideration, Holders whose Notes are accepted for buy will obtain a money fee equal to the accrued and unpaid curiosity on such Notes from and together with the instantly previous curiosity fee date for such Notes to, however excluding, the Settlement Date (the “Accrued Coupon Fee”). Curiosity will stop to accrue on the Settlement Date for all Notes accepted within the Provide.

The Provide is topic to the satisfaction of sure situations described within the Provide to Buy. The Offeror reserves the proper, topic to relevant legislation, to waive any and all situations to the Provide. If any of the situations will not be happy, the Offeror will not be obligated to just accept for fee, buy or pay for, and will delay the acceptance for fee of, any tendered Notes, in every occasion topic to relevant legal guidelines, and will terminate or alter any or all the Provide. The Provide will not be conditioned on the tender of a minimal principal quantity of Notes, and the Provide will not be topic to a financing situation.

The Offeror retained Barclays Capital Inc., J.P. Morgan Securities LLC and RBC Capital Markets, LLC to behave because the vendor managers for the Provide. Questions concerning the phrases and situations of the Provide ought to be directed to Barclays at (800) 438-3242 (toll-free) or (212) 528-7581 (gather), J.P. Morgan at (866) 834-4666 (toll-free) or (212) 834-3424 (gather), or RBC at (877) 381-2099 (toll-free) or (212) 618-7843 (gather).

International Bondholder Providers Company is appearing because the Depositary and the Data Agent for the Provide. Questions or requests for help associated to the Provide or for extra copies of the Provide to Buy could also be directed to International Bondholder Providers Company at (855) 654-2015 or by e mail at contact@gbsc-usa.com. You may additionally contact your dealer, vendor, industrial financial institution, belief firm or different nominee for help regarding the Provide. The Tender Provide Paperwork might be accessed on the following hyperlink: https://www.gbsc-usa.com/barrick/

If the Offeror terminates the Provide, it can give immediate discover to the Depositary and Data Agent, and all Notes tendered pursuant to such terminated Provide will likely be returned promptly to the tendering Holders thereof. With impact from such termination, any Notes blocked in Depositary Belief Firm (“DTC”) will likely be launched.

Holders are suggested to test with any financial institution, securities dealer or different middleman by means of which they maintain Notes as to when such middleman would want to obtain directions from a helpful proprietor to ensure that that Holder to have the ability to take part in, or withdraw their instruction to take part in, the Provide earlier than the deadlines specified herein and within the Provide to Buy. The deadlines set by any such middleman and DTC for the submission and withdrawal of tender directions can even be sooner than the related deadlines specified herein and within the Provide to Buy.

Basic

This announcement is for informational functions solely. This announcement will not be a proposal to buy or a solicitation of a proposal to promote any Notes or another securities of the Firm. The Provide is being made solely pursuant to the Provide to Buy. The Provide will not be being made to Holders of Notes in any jurisdiction by which the making or acceptance thereof wouldn’t be in compliance with the securities, blue sky or different legal guidelines of such jurisdiction. In any jurisdiction by which the securities legal guidelines or blue sky legal guidelines require the Provide to be made by a licensed dealer or vendor, the Provide will likely be deemed to have been made on behalf of the Offeror by the Seller Managers or a number of registered brokers or sellers which might be licensed beneath the legal guidelines of such jurisdiction.

No motion has been or will likely be taken in any jurisdiction that will allow the possession, circulation or distribution of both this announcement, the Provide to Buy or any materials regarding us or the Notes in any jurisdiction the place motion for that function is required. Accordingly, neither this announcement, the Provide to Buy nor another providing materials or commercials in reference to the Provide could also be distributed or revealed, in or from any such nation or jurisdiction, besides in compliance with any relevant guidelines or laws of any such nation or jurisdiction.

Web site: www.barrick.com

Endnote 1

The Complete Consideration for the Notes (such consideration, the “Complete Consideration”) payable per every $1,000 principal quantity of the Notes validly tendered for buy is predicated on the fastened unfold specified within the desk above (the “Fastened Unfold”) for the Notes, plus the yield of the required Reference U.S. Treasury Safety as quoted on the Bloomberg reference web page “FIT1” as of two:00 p.m. (New York Metropolis time) at this time, November 18, 2022. See “Description of the Provide—Willpower of the Complete Consideration” within the Provide to Buy. The Complete Consideration doesn’t embody the Accrued Coupon Fee, which will likely be payable in money along with the Complete Consideration.

Cautionary Assertion on Ahead-Trying Data

Sure data contained on this press launch, together with any data as to our technique, tasks, plans or future monetary or working efficiency, constitutes “forward-looking statements”. All statements, apart from statements of historic reality, are forward-looking statements. The phrases “consider”, “anticipate”, “technique”, “goal”, “plan”, “on observe”, “alternatives”, “steering”, “venture”, “proceed”, “dedicated”, “estimate”, “potential”, “progress”, “proposed”, “warns”, “future”, “prospect”, “focus”, “throughout”, “ongoing”, “following”, “topic to”, “scheduled”, “will”, “may”, “would”, “ought to”, “might” and comparable expressions establish forward-looking statements.

Ahead-looking statements are essentially based mostly upon numerous estimates and assumptions together with materials estimates and assumptions associated to the components set forth beneath that, whereas thought of cheap by the Firm as on the date of this press launch in mild of administration’s expertise and notion of present situations and anticipated developments, are inherently topic to important enterprise, financial and aggressive uncertainties and contingencies. Identified and unknown components may trigger precise outcomes to vary materially from these projected within the forward-looking statements and undue reliance shouldn’t be positioned on such statements and knowledge. Such components embody, however usually are not restricted to: fluctuations within the spot and ahead worth of gold, copper or sure different commodities (similar to silver, diesel gas, pure gasoline and electrical energy); dangers related to tasks within the early phases of analysis and for which further engineering and different evaluation is required; dangers associated to the likelihood that future exploration outcomes is not going to be in keeping with the Firm’s expectations, that portions or grades of reserves will likely be diminished, and that assets might not be transformed to reserves; dangers related to the truth that sure of the initiatives are nonetheless within the early phases and will not materialize; modifications in mineral manufacturing efficiency, exploitation and exploration successes; dangers that exploration knowledge could also be incomplete and appreciable further work could also be required to finish additional analysis, together with however not restricted to drilling, engineering and socioeconomic research and funding; the speculative nature of mineral exploration and improvement; lack of certainty with respect to overseas authorized methods, corruption and different components which might be inconsistent with the rule of legislation; modifications in nationwide and native authorities laws, taxation, controls or laws and/or modifications within the administration of legal guidelines, insurance policies and practices; expropriation or nationalization of property and political or financial developments in Canada, america or different nations by which Barrick does or might stick with it enterprise sooner or later; dangers regarding political instability in sure of the jurisdictions by which Barrick operates; timing of receipt of, or failure to adjust to, mandatory permits and approvals; non-renewal of or failure to acquire key licenses by governmental authorities; failure to adjust to environmental and well being and security legal guidelines and laws; contests over title to properties, significantly title to undeveloped properties, or over entry to water, energy and different required infrastructure; the legal responsibility related to dangers and hazards within the mining trade, and the power to keep up insurance coverage to cowl such losses; elevated prices and bodily dangers, together with excessive climate occasions and useful resource shortages, associated to local weather change; harm to the Firm’s fame as a result of precise or perceived incidence of any variety of occasions, together with adverse publicity with respect to the Firm’s dealing with of environmental issues or dealings with neighborhood teams, whether or not true or not; dangers associated to operations close to communities which will regard Barrick’s operations as being detrimental to them; litigation and authorized and administrative proceedings; working or technical difficulties in reference to mining or improvement actions, together with geotechnical challenges, tailings dam and storage services failures, and disruptions within the upkeep or provision of required infrastructure and knowledge know-how methods; elevated prices, delays, suspensions and technical challenges related to the development of capital tasks; dangers related to working with companions in collectively managed belongings; dangers associated to disruption of provide routes which can trigger delays in development and mining actions, together with disruptions within the provide of key mining inputs as a result of invasion of Ukraine by Russia; danger of loss because of acts of battle, terrorism, sabotage and civil disturbances; dangers related to artisanal and unlawful mining; dangers related to Barrick’s infrastructure, data know-how methods and the implementation of Barrick’s technological initiatives; the affect of world liquidity and credit score availability on the timing of money flows and the values of belongings and liabilities based mostly on projected future money flows; the affect of inflation, together with international inflationary pressures pushed by provide chain disruptions brought on by the continued Covid-19 pandemic and international vitality price will increase following the invasion of Ukraine by Russia; adversarial modifications in our credit score rankings; fluctuations within the forex markets; modifications in U.S. greenback rates of interest; dangers arising from holding by-product devices (similar to credit score danger, market liquidity danger and mark-to-market danger); dangers associated to the calls for positioned on the Firm’s administration, the power of administration to implement its enterprise technique and enhanced political danger in sure jurisdictions; uncertainty whether or not some or all of Barrick’s focused investments and tasks will meet the Firm’s capital allocation goals and inner hurdle fee; whether or not advantages anticipated from latest transactions being realized; enterprise alternatives which may be introduced to, or pursued by, the Firm; our capacity to efficiently combine acquisitions or full divestitures; dangers associated to competitors within the mining trade; worker relations together with lack of key workers; availability and elevated prices related to mining inputs and labor; dangers related to illnesses, epidemics and pandemics, together with the results and potential results of the worldwide Covid-19 pandemic; dangers associated to the failure of inner controls; and dangers associated to the impairment of the Firm’s goodwill and belongings. Barrick additionally cautions that its 2022 steering could also be impacted by the unprecedented enterprise and social disruption brought on by the unfold of Covid-19. As well as, there are dangers and hazards related to the enterprise of mineral exploration, improvement and mining, together with environmental hazards, industrial accidents, uncommon or surprising formations, pressures, cave-ins, flooding and gold bullion, copper cathode or gold or copper focus losses (and the danger of insufficient insurance coverage, or incapacity to acquire insurance coverage, to cowl these dangers).

Many of those uncertainties and contingencies can have an effect on our precise outcomes and will trigger precise outcomes to vary materially from these expressed or implied in any forward-looking statements made by, or on behalf of, us. Readers are cautioned that forward-looking statements usually are not ensures of future efficiency. All the forward-looking statements made on this press launch are certified by these cautionary statements. Particular reference is made to the newest Kind 40-F/Annual Data Kind on file with the SEC and Canadian provincial securities regulatory authorities for a extra detailed dialogue of among the components underlying forward-looking statements and the dangers which will have an effect on Barrick’s capacity to realize the expectations set forth within the forward-looking statements contained on this press launch. We disclaim any intention or obligation to replace or revise any forward-looking statements whether or not because of new data, future occasions or in any other case, besides as required by relevant legislation.

Enquiries: President and CEO Mark Bristow +1 647 205 7694 +44 788 071 1386 Senior EVP and CFO Graham Shuttleworth +1 647 262 2095 +44 779 771 1338 Investor and Media Relations Kathy du Plessis +44 20 7557 7738 E mail: barrick@dpapr.com