The closing of the Private Placement is subject to the receipt of regulatory approvals, including the Toronto Stock Exchange, and is expected to close two business days following receipt of such approval. Newmont Goldcorp Corporation (Newmont) has the right to maintain its pro rata ownership of the company pursuant to the Investment Agreement dated 10 May 2018 between the company and Newmont. Following receipt of notice of the Private Placement, Newmont will have five business days to exercise its right and maintain its pro rata ownership.