Placer Dome 2.75% debentures convertible through Dec. 31

By Jennifer Chiou

New York, Sept. 20 - Barrick Gold Corp. announced that holders of Placer Dome Inc.'s 2.75% convertible senior debentures due 2023 may surrender their securities for conversion from Oct. 1 through and including Dec. 31.

The conversion rate is 39.8892 shares per $1,000 principal amount of debentures.

Placer Dome issued $200 million of the 20-year convertibles on Oct. 10, 2003.

Vancouver, B.C.-based Placer Dome is a mining concern.

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