Gold Fields to Acquire Yamana Gold

  • Transaction Creates a Top Four Global Gold Company with a Diversified Portfolio of High-Quality, Long-Life Assets with Tangible Short- and Long-Term Growth Opportunities

  • Strengthening financial and operational capacity with complementary cash flows and growth profiles

  • The Combined Group will have its headquarters at Johannesburg with operations across South Africa, Ghana, Australia, Canada and South America

  • All-stock offer of Gold Fields at an exchange ratio of 0.6 Matching shares of Gold Fields for each Yamana share implying a valuation for Yamana of US$6.7 billion

JOHANNESBURG, May 31, 2022 /CNW/ – Gold Fields Limited (JSE, NYSE: GFI) (“Gold Fields”) and Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) (LSE: AUY) (“Yamana”), today announced today that they have entered into a definitive agreement (the “Arrangement Agreement”), pursuant to which Gold Fields will acquire all of the outstanding common shares of Yamana (“Yamana Shares”) pursuant to a plan of arrangement (the “Transaction “).

A full press release is available on the company’s website:

For more information please contact:

Gold Field Investors
Avishkar Nagaser, Executive Vice President, Investor Relations and Corporate Affairs
Tel: +27 11 562 9775
Mobile: +27 82 312 8692
Email: [email protected]

Thomas Mengel, Director, Investor Relations
Tel: +27 11 562 9849
Mobile: +27 72 493 5170
Email: [email protected]

Golden Fields Media
Sven LunchVice President Corporate Affairs
Tel: +27 11 562 9763
Mobile: +27 83 2609279
Email: [email protected]

BofA Securities (financial advisor to Gold Fields)
Ben Davis / Peter Surr / Christos Tomaras / Anthony Knox
Tel: +44 20 7628 1000

Brunswick Group (Communications Advisor for Gold Fields)
Johannesburg: Timothy Schultz
Tel: +27 82 309 2497
London: Seed green / Nick Bias / Tom Pigot
Tel: +44 20 7404 5959
North America: Emily Levin / Nikki Ritchie
Tel: +1 202 617 8582 / Tel: +1 845 682 9850

Gold Yamana
Gerard FernandezSVP, Corporate Development and Investor Relations
Tel: 416-815-0220
Mobile: +1 888 809 0925
Email: [email protected]

FTI Consulting (UK PR/Communication Advisor for Yamana)
Sara Powell / Ben Brewerton
Tel: +44 7931 765 223 / +44 203 727 1000
Email: [email protected]


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SOURCE Gold Fields Limited



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