Nov 26 (Reuters) - Australia's Evolution mining EVN.AX on Tuesday agreed to buy Canadian gold mining complex Red Lake from Newmont Goldcorp Corp NEM.N for $375 million in cash.
Evolution also agreed to pay an additional $100 million upon new resource discovery at the mine.
The acquisition will be funded through an A$600 million ($407.16 million) loan facility, the company said in a statement.
($1 = 1.4736 Australian dollars)