Barrick said today in a statement it acquired 13.6 million shares at the close yesterday of its offer of $16 a share for Vancouver-based NovaGold, or 13 percent of the 106.7 million fully diluted shares outstanding.
``Barrick will continue its disciplined approach to acquisitions and other business opportunities,'' Chief Executive Officer Greg Wilkins said in the statement.
Barrick, based in Toronto, became the world's largest gold producer in March after completing the acquisition of Placer Dome. Inc.
