---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-060865"
form_type: "8-K"
ticker: "NEM"
cik: "0001164727"
company_name: "NEWMONT Corp /DE/"
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T00:40:17.084734+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Newmont enters Scheme Deed to acquire all Newcrest shares; 0.400x share exchange ratio; closing Q4 2023

## Summary
- Newmont to issue ~358M shares (31% of post-close outstanding) in exchange for all Newcrest shares at 0.400 NEM per NCM.
- Transaction subject to Newmont and Newcrest shareholder approvals, court approval, and regulatory clearances (FIRB, Canada, PNG).
- Break fees: Newcrest pays Newmont US$178.5M; Newmont pays Newcrest US$374.8M under specified circumstances.
- Newcrest may pay up to $1.10 per share special dividend conditional on scheme becoming effective.
- Newmont to invite two Newcrest directors to its board; closing expected Q4 2023.

## SEC filing metadata
- accession: 0001104659-23-060865
- form_type: 8-K
- ticker: NEM
- cik: 0001164727
- company_name: NEWMONT Corp /DE/
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1164727/000110465923060865/0001104659-23-060865-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1164727/000110465923060865/tm2315741d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-060865
- JSON: https://secwatch.observer/filing/0001104659-23-060865.json
- Plain text: https://secwatch.observer/filing/0001104659-23-060865.txt

## Key facts
- Material Agreements
  NEWMONT Corp /DE/ entered into Scheme Implementation Deed with Newcrest Mining Limited (effective 2023-05-14).
  - Action: entry
  - Agreement: merger
  - Counterparty: Newcrest Mining Limited
  - Effective: 2023-05-14
  source text: On May 14, 2023 (Mountain Daylight Time) / May 15, 2023 (Australian Eastern Standard Time), Newmont Corporation, a Delaware corporation (“Newmont” or the “Company”), entered into a scheme implementation deed (the “Scheme Implementation Deed”) with Newmont Overseas Holdings Pty Ltd, an Australian proprietary company limited by shares and an indirect wholly owned subsidiary of Newmont (“Newmont Sub”) and Newcrest Mining Limited, an Australian public company limited by shares (“Newcrest”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1164727/000110465923060865/0001104659-23-060865-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.