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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Enigma who wrote (55987)	7/10/2000 9:19:34 AM
From: Rarebird	Read Replies (1) \| Respond to of 116898

Barrick Gold Mails Bid To Pangea Holders; Open To July 28 Friday, July 7, 2000 05:15 PM TORONTO (Dow Jones)--Barrick Gold Corp. (ABX, news, msgs) has mailed its previously announced takeover bid to Pangea Goldfields Inc. (T.PGD, news, msgs). In a news release, Pangea said the offer is open for acceptance until July 28. As reported, Pangea's board has recommended that shareholders accept the C$7-a-share offer, which is valued at about C$204 million based on Pangea's 29.2 million fully diluted shares outstanding. The company noted that the offer is conditional on Barrick acquiring at least two-thirds of Pangea's fully diluted common shares. quicken.com