Shearman & Sterling is representing Barrick Gold Corporation in connection with its $4 billion equity offering, the proceeds of which will be used to close out fixed and floating-price gold contracts to increase Barrick’s leverage to the price of gold. The offering is expected to close on or about September 23, 2009.

Barrick has interests in 27 operating mines on four continents. Its annual gold production and gold reserves are the largest in the industry.