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Newmont Mining files $1B mxed securities shelf

Newmont Mining files $1B mxed securities shelf
By MarketWatch
Last Update: 7:36 PM ET May 12, 2005

WASHINGTON (MarketWatch) -- Newmont Mining Corp. (NEM) filed to sell up to $1 billion of mixed securities from time to time, according to Form S-3 filed Thursday with the Securities and Exchange Commission.

The securities to be offered will include common stock, preferred stock, warrants to purchase common stock, debt securities guaranteed by its subsidiary, Newmont USA Ltd., and warrants to purchase debt securities, the filing said.

The gold producer said the net proceeds will be used for general corporate purposes, including repayment of debt, acquisitions, additions to working capital and capital expenditures.


LINK: http://www.marketwatch.com/news/story.asp?guid=%7B0710F775-910A-4334-9A5E-CB0253185701%7D