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StrikePoint Gold Completes Northumberland Acquisition, Pays $70M

StrikePoint Gold Inc. has finalized its acquisition of the Northumberland Gold Project from Newmont, disbursing $70 million upfront. The company also satisfied escrow conditions for its C$190 million bought deal financing, converting 95 million subscription receipts into shares.

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StrikePoint Gold has closed the acquisition of the Northumberland Gold Project from Newmont, paying $70M upfront. The company also satisfied the escrow conditions for its C$190M bought deal, converting 95M subscription receipts into shares.