Jason Kosec, President, CEO & Director, @hemlomining (TSXV:HMMC) and his executive team, joined us to open the market and celebrate the Company's new listing on TSX Venture Exchange.
$HMMC recently closed the acquisition of the Hemlo Gold Mine in Ontario, Canada from Barrick Mining Corp. for aggregate consideration of up to ~US$1.1B. Hemlo has produced approximately 25 million ounces of gold from both underground and open pit operations since production began in 1985.
The Company is looking to establish itself as a leading Canadian mid-tier growth-focused gold producer with an immediate focus on maximizing the value of Hemlo’s existing infrastructure, while unlocking new opportunities through an aggressive brownfields exploration.