Gold Fields board recommends Yamana transaction

The board and management team of Gold Fields have unanimously recommended the implementation of the Yamana Gold transaction, Gold Fields chairperson Yunus Suleman stated in a letter to shareholders on Monday. A transaction circular has been issued for an extraordinary general meeting of shareholders on November 22. Application will be made for the admission of the Gold Fields shares to be issued pursuant to the transaction to listing and trading on the main board of the Johannesburg Stock Exchange, as well as the New York and Toronto stock exchanges.

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