Carcetti Announces Conditional Acceptance of Reverse Takeover and Filing Statement

Executive Summary

• Carcetti Capital Corp. received conditional acceptance from the TSX Venture Exchange for its acquisition of 100% of the Hemlo Gold Mine from Barrick Mining subsidiaries, constituting a reverse takeover.
• The transaction is expected to close on or about November 26 2025, subject to customary closing conditions and final TSXV approval.
• Upon completion, Carcetti will rename itself “Hemlo Mining Corp.” and adopt the new ticker symbol HMMC on the TSX‑V.

Key Details

• Conditional acceptance received from TSX Venture Exchange per Policy 5.2 (Changes of Business and Reverse Takeovers).
• Acquisition target: 100% interest in the Hemlo Gold Mine, Ontario, Canada, previously owned by wholly‑owned subsidiaries of Barrick Mining Corporation.
• Transaction structure: reverse takeover; details disclosed in filing statement dated November 21 2025 filed on SEDAR+.
• Closing conditions: customary closing conditions to be satisfied; anticipated closing date on or about November 26 2025.
• Post‑closing actions: change of corporate name to “Hemlo Mining Corp.” and trading symbol to HMMC while remaining a Tier 1 mining issuer on the TSX‑V.
• Reference to prior related releases (Sept 10, Oct 1, Oct 7, Oct 27, Oct 30, Nov 6 2025) for additional context.

Notable Quotes

(No direct quotes were provided in the release.)