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Randgold registers megamerger with Barrick with Jersey Registrar

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Randgold registers megamerger with Barrick with Jersey Registrar

Randgold Resources Ltd. said Jan. 1 that it delivered a court order sanctioning its all-share merger with Barrick Gold Corp. to the Jersey Registrar.

The merger is now effective in line with its terms.

In December 2018, the companies completed the last major step toward their proposed merger, securing approval from the Royal Court of Jersey. Shares of the combined company will start trading Jan. 2 on the NYSE and Toronto Stock Exchange under the Barrick name.

The new Barrick will trade on the NYSE under Randgold's Nasdaq GOLD ticker and will continue to trade on the TSX under Barrick's existing ABX symbol.