Hemlo Mining Corp.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Jason Kosec
- Full Time Employees
- 700
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 390 Bay Street Toronto ON Canada M5H 2Y2
- IPO Date
- Feb 20, 2013
- Website
- hemlomining.com
- Similar Companies
- Business
- Carcetti Capital Corp. is a Canadian mining company primarily engaged in the acquisition, development, and operation of mineral assets, with a strategic focus on gold mining. Founded in 2020 and headquartered in Vancouver, British Columbia, the company specializes in the ownership and management of mining properties and related mining services. Its core offerings include ownership and operational control of gold mining assets, notably the Hemlo Gold Mine in Ontario, Canada. The company’s main product is gold, sourced from its Hemlo Gold Mine, which it acquired from Barrick Mining Corporation in a transaction valued at approximately $875 million, consisting of cash and stock components. Carcetti Capital’s services encompass mining operation management, asset development, and exploration activities aimed at extending mine life and enhancing production capacity. The Hemlo Gold Mine acquisition positions Carcetti as a significant player in North American gold production with potential for long-term growth through brownfields exploration. Recent major corporate developments include the completion of a substantial financing package totaling over $1 billion, composed of a $400 million gold streaming agreement with Wheaton Precious Metals, $415 million from bought deal and non-brokered private placements, and $200 million in senior secured credit facilities provided by the Bank of Nova Scotia. These funds support the Hemlo Gold Mine acquisition and operational expansion. Additionally, Carcetti reactivated its listing from the NEX Board to the TSX Venture Exchange’s main board as a Tier 1 mining issuer, reflecting its transition to a mid-tier gold producer. The company also executed leadership changes to reinforce operational expertise and investor confidence in its growth strategy. Carcetti operates primarily in the mining sector with a geographic focus on Canada, leveraging institutional financing partnerships and strategic capital structure optimization to fund its growth. Its acquisition of Hemlo, combined with innovative financing arrangements and proactive corporate governance, underpins its position as a developing gold mining company aiming to deliver long-term value to shareholders.
Hemlo Mining Corp. Announces Conditional Approval to Graduate to the Toronto Stock Exchange
Hemlo Mining Corp. Reports Fourth Quarter and Year End 2025 Financial and Operating Results
Hemlo Mining Corp. Announces $75 Million Repayment of Revolving Credit Facility
Hemlo Mining Corp. Announces Grant of Security-Based Compensation
Hemlo Mining Corp. Strengthens Executive Team with Appointment of Jason Banducci as Vice President, Corporate Development & Investor Relations
Hemlo Mining Corp. Announces Strong 2025 Gold Production of 143,458 Ounces (Including 20,192 Ounces in December) and Provides Operational Update
Hemlo Mining Corp. Discovers New Cedar Creek Zone and Extends Mineralization at Depth within B-Zone by 400 Metres
Hemlo Mining Announces Adoption of Shareholder Rights Plan
Hemlo Mining Corp. Initiates 130,000 Metre Exploration Drilling Program for 2026
Hemlo Mining Corp. Extends Gold Mineralization 300 Metres to the East with Multiple High-Grade Intercepts
Hemlo Mining Corp. Announces Further Leadership Appointments, Enhancing Operational Expertise
Hemlo Mining Corp. Announces First Gold Pour and Updates to its Post-Consolidation Share Capital
Carcetti Capital Corp. Files NI 43-101 Pre-Feasibility Study for the Hemlo Mine
Barrick sells last operating mine in Canada to Carcetti Capital for $1B
Carcetti Capital Corp. Announces Closing of Upsized Non-brokered Private Placement for Gross Proceeds of $2,100,000 and Grant of Options