Barrick Gold Corporation ( ABX )( ABX.TO ) (Barrick or the "company") announced today that it has entered into an underwriting agreement with a syndicate of underwriters, led by RBC Capital Markets, Barclays and GMP Securities L.P. (the "Underwriters"), for a bought deal public offering for gross proceeds of approximately $3.0 billion representing 163.5 million common shares (the "Common Shares") of Barrick at a price of $18.35 per share (the "Offering"). The company has also granted the Underwriters an over-allotment option, to purchase up to an additional 24.5 million Common Shares at the offering price exercisable for a period of 30 days after closing. The gross proceeds of the Offering will be approximately $3.45 billion if the over-allotment option is exercised in full.