Amendment No. 13
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Schedule
TO/A
TENDER
OFFER STATEMENT PURSUANT TO RULE 14(d)-1 or 13(e)(1)
UNDER
THE SECURITIES EXCHANGE ACT OF 1934
(Amendment
No. 13)
PLACER
DOME INC.
(Name
of Subject Company (Issuer))
BARRICK
GOLD CORPORATION
(Name
of Filing Person (Bidder))
Common
Shares
(Title
of Class of Securities)
725906101
(CUSIP
Number of Class of Securities)
Sybil
E. Veenman
Vice
President, Assistant General Counsel, and Secretary
BCE
Place, Canada Trust Tower
161
Bay Street, Suite 3700
P.O.
Box 212
Toronto,
Canada M5J 2S1
(416)
861-9911
(Name,
address (including zip code) and telephone number (including
area code) of
person(s)
authorized to receive notices and communications on behalf of filing
person)
This
Statement amends and supplements the Tender Offer Statement on Schedule TO
(as
previously amended, the “Schedule TO”) filed with the U.S. Securities and
Exchange Commission on November 10, 2005 by Barrick Gold Corporation
(“Barrick”).
The
Schedule TO relates to the offer (the “Offer”) by Barrick to purchase (i) all
outstanding common shares (including those that are subject to CHESS Depositary
Interests and International Depositary Receipts) of Placer Dome Inc. (“Placer
Dome”), which includes common shares that may become outstanding after the date
of the offer but before the expiry time of the offer upon conversion, exchange
or exercise of options or convertible debentures or other securities of Placer
Dome that are convertible into or exchangeable for common shares and (ii) the
associated rights issued under the Shareholders Rights Plan of Placer Dome
(collectively, the “Shares”), at a price of, on the basis of and at the election
of the shareholder of Placer Dome:
(a)
US$20.50, in cash for each Share; or
(b)
0.7518 of a Barrick common share and US$0.05 in cash for each Share
in
each
case subject to proration.
The
Offer
is subject to the terms and conditions set forth in the Offer and Circular
dated
November 10, 2005, as amended to the date hereof (the “Offer and Circular”) and
the related Letter of Transmittal, copies of which were filed as Exhibits 1.1
and 1.2, respectively, to the initial Schedule TO.
Item
4 Terms of the
Transaction
Barrick
announced today that it
has reached an agreement with Placer Dome (see Item 5 below) pursuant to
which
Barrick will increase its Offer price to acquire the Shares from US$20.50
to
US$22.50. Under the revised offer, the shareholders of Placer Dome will have
the
right to elect to receive US$22.50 in cash or 0.8269 of a Barrick common
share
and US$0.05 in cash for each Share, in each case subject to pro ration based
on
the maximum amount of cash and Barrick common shares offered. The maximum
amount
of cash to be paid by Barrick will be approximately US$1.344 billion, and
the
maximum number of Barrick common shares to be issued will be approximately
333
million, on a fully diluted basis. The Offer will be formally amended through
a
notice of variation and extension, which is expected to be mailed to the
shareholders of Placer Dome in the first week of January,
2006.
Item
5 Past
Contacts, Transactions, Negotiations and Agreements
On
December 19, 2005, there was a meeting between senior executives of Barrick
and
Placer Dome during which Barrick outlined its belief and the reasons for
its
belief that a combination of Placer Dome and Barrick was the best alternative
for Placer Dome to pursue.
On
December 20, 2005, there were discussions between the financial advisors
to
Barrick and Placer Dome regarding whether Barrick would be permitted to
participate in the process of Placer Dome’s review of its strategic
alternatives. In the evening of December 20, 2005, there was a meeting between
senior executives of Barrick and Placer Dome during which Barrick suggested
a
willingness to increase the consideration under the Offer in an effort to
ensure
Barrick would be entitled to participate fully in Placer Dome’s
process.
On
December 21, 2005, there were discussions between the financial advisors
of
Barrick and Placer Dome regarding the Offer, Placer Dome’s review of strategic
alternatives and the extent of any increase in the consideration under
the Offer
that would be necessary to ensure that Barrick would be able to participate
fully in Placer Dome’s process. Later in the day, Barrick sent a form of support
agreement (“Support Agreement”) to Placer Dome.
During
the evening of December 21, 2005, there were negotiations between the executives
of Barrick and Placer Dome, following which the final form of the Support
Agreement was agreed and signed.
Item
12 Exhibits
As
permitted by General Instruction F to Schedule TO, Barrick's press release
dated
December 22, 2005 is herein incorporated by reference to Barrick's filing
pursuant to Rule 425 on December 22, 2005.
SIGNATURES
After
due
inquiry and to the best of my knowledge and belief, I certify that the
information set forth in this statement is true, complete and
correct.
|
|
|
|
BARRICK
GOLD CORPORATION |
|
|
|
|
By: |
/s/
Sybil
E.
Veenman |
|
Name: Sybil
E. Veenman
Title: Vice President, Assistant
General
Counsel
and Secretary
|
|
Date: December
22, 2005 |
EXHIBIT
INDEX
Exhibit
|
Description
|
(a)(13)(1.1)
|
Barrick's
press release dated December 22, 2005 (incorporated by reference
to
Barrick's filing pursuant to Rule 425 on December 22, 2005)
|
4