Newmont and Goldcorp Combine to Create World's Leading Gold Company

Goodmans LLP acted for Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) in connection with its agreement to acquire all of the outstanding common shares of Goldcorp Inc. (NYSE: GG, TSX: G) (Goldcorp) in a stock-for-stock transaction valued at US$10 billion.

This transaction will combine two gold industry leaders into Newmont Goldcorp to create an unmatched portfolio of operations, projects, and exploration opportunities in the gold mining sector.  Newmont Goldcorp’s world-class portfolio will feature operating assets in favorable jurisdictions, an unparalleled project pipeline and exploration potential in the most prospective gold districts around the globe.

The transaction is expected to close in the second quarter of 2019.  Closing of the transaction is subject to approval by the shareholders of both companies; regulatory approvals in a number of jurisdictions including the European Union, Canada, South Korea and Mexico; and other customary closing conditions.