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BRIEF-Midas Gold Corp Amends Investor Rights Agreement With Barrick Gold

Published 2019-03-25, 03:10 a/m
© Reuters.  BRIEF-Midas Gold Corp Amends Investor Rights Agreement With Barrick Gold

March 25 (Reuters) -

* MIDAS GOLD CORP AMENDS INVESTOR RIGHTS AGREEMENT WITH BARRICK GOLD

* MIDAS GOLD CORP -AMENDMENTS WERE MADE AT MIDAS GOLD'S REQUEST

* MIDAS GOLD- AMENDED IRA DATED MAY 16 2018 ENTERED INTO WITH BARRICK IN CONJUNCTION WITH BARRICK'S US$38 MILLION INVESTMENT IN MIDAS GOLD COMPLETED IN MAY 2018

* MIDAS- AMENDMENTS TO IRA INCLUDE PROVISION OF STANDBY COMMITMENT FROM BARRICK TO FUND UP TO AN AGGREGATE OF US$5 MILLION IN FUTURE FINANCING BY MIDAS GOLD

* MIDAS GOLD CORP -BARRICK CURRENTLY OWNS APPROXIMATELY 19.744% OF MIDAS GOLD'S ISSUED SHARES

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