Barrick Gold Corporation announces the Sale of Shares of Perpetua Resources Corp

Barrick Gold Corporation announces the Sale of Shares of Perpetua Resources Corp

Toronto – Barrick Gold Corporation (“Barrick”) (NYSE:GOLD)(TSX:ABX) announced today that it has disposed of 5,382,587 common shares (“Shares”) of Perpetua Resources Corp. (“Perpetua Resources”) through the facilities of the Nasdaq, Cboe, Direct Edge and NYSE-ARCA (the “Disposition”). The Disposition resulted in gross cash proceeds in the aggregate amount of C$21,729,504 (C$4.04 per common share).

Immediately prior to the Disposition, Barrick had beneficial ownership of, or control and direction over, 5,382,587 Shares, representing approximately 8.5% of the issued and outstanding Shares. Following the Disposition, Barrick does not have beneficial ownership of, or control or direction over, any Shares.

Barrick effected the Disposition for investment portfolio management purposes. Depending on market conditions and other factors, including Perpetua Resources’ business and financial condition, Barrick may in future acquire securities of Perpetua Resources or dispose of some or all of the securities of Perpetua Resources that it may own at any such time.

A copy of the early warning report to be filed by Barrick in connection with the Disposition will be available on Perpetua Resources’ profile on SEDAR at www.sedar.com. A copy may also be obtained by contacting Kathy du Plessis at the phone number below. The corporate office of Barrick is Brookfield Place, TD Canada Trust Tower, Suite 3700, 161 Bay Street, P.O. Box 212 Toronto, Ontario, M5J 2S1. Perpetua Resources’ head office is located at Suite 201 – 405 S. 8th Street, Boise, Idaho 83702.

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