Ms Bridges Djia (BGD) > Press Releases

Barrick Gold Corporation: Barrick Extends Bid for Pioneer

Fri, 20 Oct 2006 5:06:00 PDT

TORONTO, ONTARIO -- (MARKET WIRE) -- 10/20/2006 -- Barrick Gold Corporation (NYSE: ABX)(TSX: ABX)(LSE: BGD)(SWX: ABX) announces that it has extended its offer to acquire all of the outstanding common shares of Pioneer Metals Corporation for Cdn$1.00 in cash per share to 6:00 p.m. (Vancouver time) on November 9, 2006. To date, Barrick has acquired approximately 58.6 million shares of Pioneer.

Copies of the Circular for Pioneer Metals Corporation are available on Barrick's website at www.barrick.com or from the Canadian System for Electronic Document Analysis and Retrieval at www.sedar.com.

Barrick's vision is to be the world's best gold company by finding, acquiring, developing and producing quality reserves in a safe, profitable and socially responsible manner.

Contact

Contacts:
INVESTOR CONTACTS:
Barrick Gold Corporation
James Mavor
Vice President, Investor Relations
(416) 307-7463
Email: jmavor@barrick.com

Barrick Gold Corporation
Mary Ellen Thorburn
Director, Investor Relations
(416) 307-7363
Email: mthorburn@barrick.com

MEDIA CONTACT:
Barrick Gold Corporation
Vincent Borg
Senior Vice President, Corporate Communications
(416) 307-7477
Email: vborg@barrick.com

Topics

Manufacturing and Production
Manufacturing and Production

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