fv10
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form F-10
REGISTRATION STATEMENT UNDER THE SECURITIES EXCHANGE ACT OF 1934
BARRICK GOLD CORPORATION
(
Exact name of Registrant as specified in its charter)
Ontario, Canada
(Province or other jurisdiction of incorporation or organization)
1041
(Primary Standard Industrial Classification Code Number (if applicable))
Not Applicable
(I.R.S. Employer Identification Number (if applicable))
BCE Place
161 Bay Street, Suite 3700
P.O. Box 212
Toronto, Canada M5J 2S1
(800) 720-7415
(Address and telephone number of Registrants principal executive offices)
Approximate date of commencement of proposed sale of the securities to the public: as soon as
practicable after this Registration Statement becomes effective.
CT Corporation System
11 Eighth Avenue
New York, New York 10011
Telephone: (212) 894-8700
(Name, address (including zip code) and telephone number (including area code)
of agent for service in the United States)
It is proposed that this filing shall become effective (check appropriate box)
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A. |
þ |
upon filing with the Commission, pursuant to Rule 467(a) (if in connection with an
offering being made contemporaneously in the United States and Canada). |
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B. |
o |
at some future date (check the appropriate box below) |
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1. |
o |
pursuant to Rule 467(b) on (___) at (___) (designate a time not
sooner than 7 calendar days after filing). |
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2. |
o |
pursuant to Rule 467(b) on (___) at (___) (designate a time 7
calendar days or sooner after filing) because the securities regulatory authority
in the review jurisdiction has issued a receipt or notification of clearance on
(___). |
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3. |
o |
pursuant to Rule 467(b) as soon as practicable after
notification of the Commission by the Registrant or the Canadian securities
regulatory authority of the review jurisdiction that a receipt or notification of
clearance has been issued with respect hereto. |
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4. |
o |
after the filing of the next amendment to this Form (if preliminary material
is being filed). |
If any of the securities being registered on this Form are to be offered on a delayed or continuous
basis pursuant to the home jurisdictions shelf prospectus offering procedures, check the following
box o.
CALCULATION OF REGISTRATION FEE*
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Title of each class |
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Proposed maximum |
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Proposed maximum |
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of securities to be |
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Amount to be |
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offering price per |
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aggregate offering |
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Amount of |
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registered |
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registered(1) |
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unit (2) |
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price(2) |
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registration fees |
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Common Shares
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303,021,050 |
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US$19.615 |
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US$7,834,361,306.65 |
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US$922,104.33 |
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(1) Represents the maximum number of shares of Common Shares of the Registrant estimated to be
issuable upon consummation of the exchange offer based on 461,781,546, which is the number of
Shares of Placer Dome Inc. (Placer Dome) outstanding on a fully diluted basis as of October 21,
2005, as publicly disclosed by Placer Dome. Pursuant to General Instruction II.G, the number of
shares to be registered need not exceed the amount to be offered in the United States as part of
the offering.
(2) The amount of the Fee has been calculated based on the market value of the outstanding common
shares of Placer Dome as of November 8, 2005 of Cdn.$10,766,436,744.99 (US$9,058,082,403.65). Such
value is calculated based upon (a) 461,781,546, which is the number of outstanding common shares of
Placer Dome on a fully diluted basis on October 21, 2005, as publicly disclosed by Placer Dome, and
(b) Cdn.$23.315 (US$19.615), which is the market value per common share of the Placer Dome common
shares (based upon the average of the high and low prices reported for such common shares on the
Toronto Stock Exchange as of November 8, 2005). For purposes of this calculation, the noon rate of
exchange as reported by the Bank of Canada for one U.S. dollars
expressed in Canadian dollars on
November 8, 2005 is 1.1886.
If, as a result of stock splits, stock dividends or similar transactions, the number of
securities purported to be registered on this registration statement changes, the provisions of
Rule 416 shall apply to this registration statement.
2
PART I
INFORMATION REQUIRED TO BE DELIVERED TO OFFEREES OR PURCHASERS
Item 1. Home Jurisdiction Document
This registration statement on Form F-10 (the Registration Statement) is filed by Barrick
Gold Corporation, an Ontario corporation (Barrick or the Registrant).
This Registration Statement relates to the offer by Barrick to purchase (i) all issued and
outstanding common shares (including those that are subject to CHESS Depositary Interests and
International Depositary Receipts) of Placer Dome Inc. (Placer Dome), which includes common
shares that may become outstanding after the date of the offer but before the expiry time of the
offer upon conversion, exchange or exercise of options or convertible debentures or other
securities of Placer Dome that are convertible into or exchangeable for common shares and (ii) the
associated rights issued under the Shareholders Rights Plan of Placer Dome (collectively, the
Shares), at a price of, on the basis of and at the election of the shareholder of Placer Dome:
(a) US$20.50, in cash for each Share; or
(b) 0.7518 of a Barrick common share and US$0.05 in cash for each Share
in each case subject to proration.
The information set forth in the Offer and Circular dated November 10, 2005 (the Offer and
Circular) and in the Letter of Transmittal, including all schedules, exhibits and annexes thereto,
is hereby expressly incorporated by reference in response to all items of information required to
be included in, or covered by, this Registration Statement and is supplemented by the information
specifically provided herein.
Item 3. Informational Legends
The following legends appear in the Offer and Circular:
NOTICE TO SHAREHOLDERS IN THE UNITED STATES
The Offer is made for the securities of a Canadian issuer and by a Canadian issuer that is
permitted, under a multijurisdictional disclosure system adopted by the United States, to prepare
this Offer and Circular in accordance with the disclosure requirements of Canada. Shareholders
should be aware that such requirements are different from those of the United States.
Shareholders in the United States should be aware that the disposition of Shares and the
acquisition of Barrick Common Shares by them as described herein may have tax consequences both in
the United States and in Canada. Such consequences may not be fully described herein and such
Shareholders are encouraged to consult their tax advisors. See ''Canadian Federal Income Tax
Considerations in Section 22 of the Circular and ''U.S. Federal Income Tax Considerations in
Section 23 of the Circular.
The enforcement by Shareholders of civil liabilities under the United States federal
securities laws may be affected adversely by the fact that Barrick is incorporated under the
laws of the Province of Ontario, Canada, that some or all of its officers and directors may be
residents of a foreign country, that some or all of the experts named herein may be residents of a
foreign country and that all or a substantial portion of the assets of Barrick and said persons
may be located outside the United States.
3
THE SECURITIES OFFERED PURSUANT TO THE OFFER AND CIRCULAR HAVE NOT BEEN APPROVED OR
DISAPPROVED BY THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION NOR HAS THE COMMISSION PASSED
UPON THE ACCURACY OR ADEQUACY OF THIS OFFER AND CIRCULAR. ANY REPRESENTATION TO THE CONTRARY IS A
CRIMINAL OFFENCE.
Item 4. Incorporation of Certain Information by Reference
See
Documents Incorporated by Reference in Section 11 of the Circular in the Offer and Circular.
4
PART II
INFORMATION NOT REQUIRED TO BE SENT TO SHAREHOLDERS
Indemnification
Under the Business Corporations Act (Ontario), Barrick may indemnify a present or former
director or officer or a person who acts or acted at Barricks request as a director or officer of
another corporation of which Barrick is or was a shareholder or creditor, and his or her heirs and
legal representatives, against all costs, charges and expenses, including an amount paid to settle
an action or satisfy a judgment, reasonably incurred by him or her in respect of any civil,
criminal or administrative action or proceeding to which he or she is made a party by reason of his
or her being or having been a director or officer of Barrick or such
other corporation on condition that (i) the
director or officer acted honestly and in good faith with a view to the best interests of Barrick
and (ii) in the case of a criminal or administrative action or proceeding that is enforced by a
monetary penalty, had reasonable grounds for believing that his or her conduct was lawful.
Further, Barrick may, with court approval, indemnify a person described above in respect of an
action by or on behalf of Barrick to procure a judgment in its favour, to which the person is
made a party by reason of being or having been a director or an officer of Barrick, against all
costs, charges and expenses reasonably incurred by the parson in connection with such action if
he or she fulfils conditions (i) and (ii) above. A director is entitled to indemnification from Barrick as a
matter of right if he or she was substantially successful on the merits of his or her defence and
fulfils the conditions (i) and (ii) above.
In accordance with provisions of the Business Corporations Act (Ontario) described above, the
by-laws of Barrick provide that Barrick shall indemnify a director or officer, a former
director or officer, or a person who acts or acted at Barricks request as a director or officer of
a corporation of which Barrick is or was a shareholder or creditor, and his or her heirs and legal
representatives, against all costs, charges and expenses, including an amount paid to settle an
action or satisfy a judgment, reasonably incurred by him or her in respect of any civil, criminal
or administrative action or proceeding to which he or she is made a party by reason of being or
having been a director or officer of Barrick or such other corporation if he or she acted honestly
and in good faith with a view to the best interests of Barrick and, in the case of a criminal or
administrative action or proceeding that is enforced by monetary penalty, he or she had reasonable
grounds for believing that his or her conduct was lawful.
Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be
permitted to directors, officers or persons controlling the Registrant pursuant to the foregoing
provisions, the Registrant has been informed that in the opinion of the U.S. Securities and
Exchange Commission such indemnification is against public policy as expressed in the Act and is
therefore unenforceable.
Exhibits
The following documents are filed as exhibits to this Registration Statement:
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Exhibit |
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Description |
1.1
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Offer and Circular, dated November 10, 2005 (filed herewith) |
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1.2
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Letter of Transmittal (filed herewith) |
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1.3
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Notice of Guaranteed Delivery (filed herewith) |
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2.1
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Annual Information Form of Barrick, dated March 30, 2005, for
the year ended December 31, 2004 (incorporated by reference to
Barricks Form 40-F filed with the Commission on March 31, 2005) |
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2.2
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Management Information Circular of Barrick dated March 14, 2005
prepared in connection with the |
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Exhibit |
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Description |
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annual meeting of shareholders of
Barrick held on April 28, 2005 (incorporated by reference to
Exhibit 2 to Barricks Form 6-K furnished to the
Commission by Barrick on March 25, 2005) |
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2.3
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Comparative audited consolidated financial statements of
Barrick and the notes thereto as at December 31, 2004 and 2003
and for each of the years in the three-year period ended
December 31, 2004, together with the report of the auditors
thereon (incorporated by reference to Exhibit 2 to Barricks
Form F-40 filed with the Commission on March 31, 2005 and
managements discussion and analysis of financial results found
at pages 25 through 73 of Barricks 2004 Annual Report,
incorporated by reference to Exhibit 2 to Barricks Form 40-F
filed with the Commission on March 31, 2005) |
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2.4
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Comparative unaudited consolidated financial statements of
Barrick and the notes thereto as at September 30, 2005 and for
the nine months ended September 30, 2005 and 2004, together
with managements discussion and analysis of financial results
(incorporated by reference to Exhibit 2 to Barricks Form 6-K
furnished to the Commission on October 31, 2005) |
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3.1
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Material change report dated January 28, 2005 relating to the
decision by the Peruvian tax authority, SUNAT, not to appeal
the Tax Courts decision in favour of Barrick regarding SUNATs
tax assessment of the Pierina Mine for the 1999 and 2000 fiscal
years (incorporated by reference to Exhibit 1 to Barricks
Form 6-K furnished to the Commission on January 31, 2005) |
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3.2
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Material change report dated
November 9, 2005 relating to the
Barricks intention to make the Offer, incorporated by reference
to Exhibit 1 to Barrick Form 6-K furnished to the
Commission by Barrick on November 10, 2005 |
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3.3
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Material document November 9, 2005, relating to
Barrick intention to make the Offer (incorporated by reference
to Exhibit 2 to Barricks Form 6-K furnished to the
Commission by Barrick on November 10, 2005) |
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7.1 |
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Consent of Davies Ward Phillips & Vineberg LLP regarding
Canadian Federal Income Tax (filed
herewith) |
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7.2 |
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Consent of Davies Ward Phillips & Vineberg LLP regarding United
States Federal Income Tax (filed
herewith) |
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7.3 |
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Consent of Greenwoods & Freehills PTY Limited regarding Australian
Federal Income Tax (filed herewith) |
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7.4 |
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Consent
of PricewaterhouseCoopers LLP (filed herewith) |
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PART III
UNDERTAKINGS AND CONSENT TO SERVICE OF PROCESS
Item 1. Undertaking
The Registrant undertakes to make available, in person or by telephone, representatives to
respond to inquiries made by the Commission staff, and to furnish promptly, when requested to do so
by the Commission staff, information relating to the securities registered pursuant to Form F-10 or
to transactions in said securities.
Item 2. Consent to Service of Process
(a) Currently with the filing of this Registration Statement, the Registrant is filing with the
Commission a written irrevocable consent and power of attorney on Form F-X.
(c) Any change to the name or address of the Registrants agent for service shall be communicated
promptly to the Commission by amendment to Form F-X referencing the file number of the relevant
registration statement.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, Barrick Gold Corporation, the
Registrant certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form F-10 and has duly caused this Registration Statement to be signed
on its behalf by the undersigned, thereunder duly authorized, in the City of Toronto, Province of
Ontario, Country of Canada, on this 10th day of November, 2005.
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BARRICK GOLD CORPORATION
(Registrant)
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By: |
/s/ Sybil E. Veenman
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Sybil E. Veenman |
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Vice President, Assistant General
Counsel and Secretary |
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POWERS OF ATTORNEY
Each person whose signature appears below constitutes and appoints each of Sybil E. Veenman
and Gregory C. Wilkins as his or her true and lawful attorney-in-fact and agent, each acting alone,
with full power of substitution and resubstitution, for him or her and in his or her name, place
and stead, in any and all capacities, to sign any or all amendments (including post-effective
amendments) to this Registration Statement, and to file the same, with all exhibits thereto, and
other documents in connection therewith, with the Securities and Exchange Commission, granting unto
said attorneys-in-fact and agents, each acting alone, full power and authority to do and perform
each and every act and thing requisite and necessary to be done in and about the premises, as fully
to all intents and purposes as he or she might or could do in person, hereby ratifying and
confirming all that said attorneys-in-fact and agents, each acting alone, or his or her substitute
or substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration
Statement has been signed by the following persons, in the capacities and on the dates indicated:
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Signature |
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Title with Registrant |
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Date |
/s/ Peter Munk
Peter Munk |
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Chairman and Director |
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November 10, 2005 |
/s/ Gregory C. Wilkins
Gregory C. Wilkins |
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President, Chief Executive Officer and Director
(Principal Executive Officer)
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November 10, 2005 |
/s/ Jamie C. Sokalsky
Jamie C. Sokalsky |
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Executive Vice President and Chief Financial Officer
(Principal Financial Officer)
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November 10, 2005 |
/s/ Richard Ball
Richard Ball |
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Vice President, Financial Reporting and Risk Analysis
(Principal Accounting Officer)
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November 10, 2005 |
/s/ C. William D. Birchall
C. William D. Birchall |
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Vice Chairman and Director
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November 10, 2005 |
/s/ Howard L. Beck
Howard L. Beck |
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Director
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November 10, 2005 |
/s/ Gustavo Cisneros
Gustavo Cisneros |
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Director
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November 10, 2005 |
/s/ Marshall A. Cohen
Marshall A. Cohen |
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Director
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November 10, 2005 |
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Signature |
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Title with Registrant |
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Date |
/s/ Peter A. Crossgrove
Peter A. Crossgrove |
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Director
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November 10, 2005 |
/s/ Peter C. Godsoe, O.C.
Peter C. Godsoe, O.C. |
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Director
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November 10, 2005 |
/s/ Angus A. MacNaughton
Angus A. MacNaughton |
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Director
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November 10, 2005 |
/s/ The Right Honourable Brian Mulroney
The Right Honourable Brian Mulroney |
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Director
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November 10, 2005 |
/s/ Anthony Munk
Anthony Munk |
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Director
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November 10, 2005 |
/s/ Joseph L. Rotman
Joseph L. Rotman |
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Director
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November 10, 2005 |
/s/ Steven J. Shapiro
Steven J. Shapiro |
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Director
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November 10, 2005 |
10
AUTHORIZED REPRESENTATIVE
Pursuant to the requirements of Section 6(a) of the Securities Act of 1933, as amended, the
undersigned, solely in the capacity of the duly authorized representative of Barrick Gold
Corporation in the United States, has signed this Registration Statement in the City of Toronto,
Province of Ontario, Canada on this 10th day of November, 2005.
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CT CORPORATION SYSTEM
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By: |
/s/ Michael Mitchell
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Department Manager |
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BARRICK GOLD CORPORATION
(Registrant)
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By: |
/s/ Sybil E. Veenman
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Sybil E. Veenman |
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Vice President, Assistant General
Counsel and Secretary |
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11
EXHIBIT INDEX
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Exhibit |
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Description |
1.1
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Offer and Circular, dated November 10, 2005 (filed herewith) |
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1.2
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Letter of Transmittal (filed herewith) |
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1.3
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Notice of Guaranteed Delivery (filed herewith) |
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2.1
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Annual Information Form of Barrick, dated March 30, 2005, for
the year ended December 31, 2004 (incorporated by reference to
Barricks Form 40-F filed with the Commission on
March 31, 2005) |
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2.2
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Management Information Circular of Barrick dated March 14, 2005
prepared in connection with the annual meeting of shareholders
of Barrick held on April 28, 2005 (incorporated by reference to
Exhibit 2 to Barricks Form 6-K furnished to the Commission on March 25,
2005) |
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2.3
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Comparative audited consolidated financial statements of
Barrick and the notes thereto as at December 31, 2004 and 2003
and for each of the years in the three-year period ended
December 31, 2004, together with the report of the auditors
thereon (incorporated by reference to Exhibit 2 to Barricks
Form F-40 filed with the Commission on March 31, 2005) and
managements discussion and analysis of financial results found
at pages 25 through 73 of Barricks 2004 Annual Report
(incorporated by reference to Exhibit 2 to Barricks Form 40-F
furnished to the Commission on March 31, 2005) |
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2.4
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Comparative unaudited consolidated financial statements of
Barrick and the notes thereto as at September 30, 2005 and for
the nine months ended September 30, 2005 and 2004, together
with managements discussion and analysis of financial results,
(incorporated by reference to Exhibit 2 to Barricks Form 6-K
furnished to the Commission on October 31, 2005) |
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3.1
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Material change report dated January 28, 2005 relating to the
decision by the Peruvian tax authority, SUNAT, not to appeal
the Tax Courts decision in favour of Barrick regarding SUNATs
tax assessment of the Pierina Mine for the 1999 and 2000 fiscal
years (incorporated by reference to Exhibit 1 to Barricks Form
6-K furnished to the Commission on January 31, 2005) |
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3.2
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Material change report dated
November 9, 2005 relating to the
Offerors intention to make the Offer (incorporated by reference
to Exhibit 1 to Barricks Form 6-K furnished to the
Commission by Barrick on November 10, 2005) |
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3.3
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Material Document dated
November 9, 2005, containing the Bid Support and Purchase
Agreement, dated October 30, 2005, between Barrick Gold
Corporation and Goldcorp Inc., relating to Barricks Intention
to make the Offer (incorporated by reference to Exhibit 2 to
Barricks Form 6-K furnished to the Commission on November 10, 2005).
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7.1 |
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Consent of Davies Ward Phillips & Vineberg LLP regarding
Canadian Federal Income Tax (filed
herewith) |
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7.2 |
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Consent of Davies Ward Phillips & Vineberg LLP regarding United
States Federal Income Tax (filed
herewith) |
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7.3 |
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Consent of Greenwoods & Freehills PTY Limited regarding Australian
Federal Income Tax (filed herewith) |
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7.4 |
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Consent
of PricewaterhouseCoopers LLP (filed herewith) |
12