Barrick Ceases to Be an Insider of Cascadia Minerals
Press Release
NYSE : GOLD TSX : ABX
BARRICK CEASES TO BE AN INSIDER OF
CASCADIA MINERALS
Toronto, September 6, 2023 – Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) (“Barrick”)
announced today that following the August 24, 2023 closing of a private placement of units (the “Private
Placement”) by Cascadia Minerals Ltd. (“Cascadia”), Barrick’s 2,788,696 common shares of Cascadia
represent approximately 7.6% of Cascadia’s outstanding common shares . Barrick did not acquire any
securities in the Private Placement and, as a result of the Private Placement, Barrick has ceased to be
an insider of Cascadia pursuant to Canadian securities laws.
Barrick is holding its Cascadia common shares for investment purposes. Depending on market conditions
and other factors, including Cascadia’s business and financial condition, Barr ick may acquire additional
common shares or other securities of Cascadia or dispose of some or all of the common shares or other
securities of Cascadia that it owns at such time.
An early warning report will be filed by Barrick in accordance with applicable securities laws. To obtain
a copy of the early warning report, please contact Kathy du Plessis, whose contact details are included
below.
Barrick is a senior gold mining company organized under the laws of the Province of British Columbia.
Barrick’s corporate office is located at Brookfield Place, TD Canada Trust Tower, Suite 3700, 161 Bay
Street, P.O. Box 212, Toronto, Ontario M5J 2S1. Cascadia’s head office is located at Suite 1500 - 409
Granville Street Vancouver, British Columbia V6C 1T2.
Investor and media relations
Kathy du Plessis
+44 20 7557 7738
Email: [email protected]
Website: www.barrick.com
Cautionary Statement on Forward-Looking Information
Certain information contained in this press release, including any information relating to the ownership by Barrick of common
shares of Cascadia constitutes “forward-looking statements”. All statements, other than statements of historical fact, are forward-
looking statements. The words “expect”, “will”, “potential”, “may” and similar expressions identify forward-looking statements. In
particular, this press release contains forward-looking statements including, without limitation, with respect to Barrick’s potential
acquisition or disposition of securities of Cascadia in the future. Forward-looking statements are necessarily based upon a
number of assumptions, including material assumptions considered reasonable by Barrick as at the date of this press release
in light of management’s experience and perception of current conditions and expected developments, and are inherently
subject to significant business, economic, and competitive uncertainties and contingencies.
Many of these uncertainties and contingencies can affect our actual results and could cause actual results to differ materially
from those expressed or implied in any forward-looking statements made by, or on behalf of, us. Readers are cautioned that
forward-looking statements are not guarantees of future performance. All of the forward-looking statements made in this press
release are qualified by these cautionary statements. Specific reference is made to the most recent Form 40-F/Annual
Information Form on file with the SEC and Canadian provincial securities regulatory authorities for a more detailed discussion
BARRICK GOLD CORPORATION PRESS RELEASE
of some of the factors underlying forward-looking statements and the risks that may affect the forward-looking statements
contained in this press release.
Barrick disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new
information, future events or otherwise, except as required by applicable law.