Newmont Sells Minority Stake in Fuerte Metals for CAD$29.5 Million

Reuters12-19
Newmont Sells Minority Stake in Fuerte Metals for CAD$29.5 Million

Newmont Corporation has announced agreements to sell 6,773,641 common shares of Fuerte Metals Corporation, held through its subsidiary Goldcorp Canada ULC, to multiple arm's length purchasers. The shares will be sold at a price of CAD$4.35 per share, generating approximately CAD$29.5 million in gross proceeds. Following the transaction, Newmont’s beneficial ownership in Fuerte will decrease from approximately 24% to about 19.5%. The transaction is subject to customary closing conditions and is expected to be completed within one week. Newmont intends to retain its remaining stake in Fuerte at the post-transaction level and will continue to evaluate its investment over time.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newmont Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251218321789) on December 18, 2025, and is solely responsible for the information contained therein.
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