Barrick Offer for Equinox-Additional Shares Acquired 36.2M Additional Shares

Barrick Gold Corporation ABX and its wholly-owned subsidiary, Barrick Canada announced today that an additional 36,221,770 common shares of Equinox Minerals Limited representing approximately 4% of the outstanding Equinox Shares on a fully diluted basis have now been taken up under the offer by the Offeror to acquire all of the Equinox Shares at a price of C$8.15 per Equinox Share. The Offeror has now acquired 789,432,464 Equinox Shares pursuant to the Offer, which represents approximately 91.7% of the outstanding Equinox Shares excluding those owned by Barrick and its affiliates at the date of the Offer. Barrick and its affiliates now collectively own 807,631,217 Equinox Shares, representing approximately 91.8% of the outstanding Equinox Shares on a fully diluted basis. The Offer remains open for acceptance until 5:00 p.m. (Toronto time) on June 14, 2011, unless further extended. Barrick will take up and pay for any Equinox Shares validly tendered pursuant to the Offer within three business days of such tender. The Offeror intends to acquire all Equinox Shares not tendered to the Offer following its expiry pursuant to a compulsory acquisition.
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