Gold Fields to Acquire Yamana Gold – A Combination for Long-Term Value Creation Focused on Quality Growth, Financial Discipline and Shareholder Returns
PR Newswire
-
Transaction creates a top-4 global gold major with a diversified portfolio of high-quality, long-life assets with tangible near and long-term growth opportunities
-
Strengthened financial and operational capacity with complementary cash flow and growth profiles
-
Combined Group will be headquartered in
Johannesburg
with operations across
South Africa
,
Ghana
,
Australia
,
Canada
and
South America
-
All-share offer by Gold Fields at an Exchange Ratio of 0.6 Gold Fields Consideration Shares for each Yamana share implying a valuation for Yamana of
US$6.7 billion
JOHANNESBURG
,
May 31, 2022
/PRNewswire/ — Gold Fields Limited (JSE, NYSE: GFI) (“Gold Fields”) and Yamana Gold Inc. (TSX:YRI) (NYSE:AUY) (LSE:AUY) (“Yamana”), today announced that they have entered into a definitive agreement (the “Arrangement Agreement”), under which Gold Fields will acquire all of the outstanding common shares of Yamana (“Yamana Shares”) pursuant to a plan of arrangement (the “Transaction”).
A full media release is available on the company website:
www.goldfields.com
For more information, please contact:
Gold Fields Investors
Avishkar Nagaser, EVP, Investor Relations and Corporate Affairs
Tel: +27 11 562 9775
Mobile: +27 82 312 8692
Email:
[email protected]
Thomas Mengel, Manager, Investor Relations
Tel: +27 11 562 9849
Mobile: +27 72 493 5170
Email:
[email protected]
Gold Fields Media
Sven
Lunsche
, Vice President Corporate Affairs
Tel: +27 11 562 9763
Mobile: +27 83 2609279
Email:
[email protected]
Investors
BofA Securities (Financial advisor to Gold Fields)
Ben Davies
/
Peter Surr
/
Christos Tomaras
/
Anthony Knox
Tel: +44 20 7628 1000
Media
Brunswick Group (Communications advisor to Gold Fields)
Johannesburg
: Timothy Schultz
Tel: +27 82 309 2497
London
: Pip Green /
Nick Bias
/
Tom Pigott
Tel: +44 20 7404 5959
North America
:
Emily Levin
/
Nikki Ritchie
Tel: +1 202 617 8582 / Tel: +1 845 682 9850
Yamana Gold
Gerardo Fernandez
, SVP, Corporate Development and Investor Relations
Tel: 416-815-0220
Mobile: +1 888 809 0925
Email:
[email protected]
FTI Consulting (UK Public Relations / Communications advisor to Yamana)
Sara Powell
/
Ben Brewerton
Tel: +44 7931 765 223 / +44 203 727 1000
Email:
[email protected]
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https://www.prnewswire.com/news-releases/gold-fields-to-acquire-yamana-gold–a-combination-for-long-term-value-creation-focused-on-quality-growth-financial-discipline-and-shareholder-returns-301557649.html
SOURCE Gold Fields Limited