Kinross announces strategic investment in Relevant Gold
02/28/25, 10:06 PM
Money
$4.62 million
Type
agreement
Kinross Gold Corporation has entered into an agreement to acquire 15,410,000 common shares of Relevant Gold Corp. in a non-brokered private placement at a price of $0.30 per Share for a total consideration of $4,623,000. Following the transaction, Kinross will own approximately 19.9% of the issued and outstanding Shares of Relevant Gold. The acquisition is part of a strategic investment in Relevant Gold.
Company Info
Additional Info
Kinross is a Canadian-based senior gold mining company with mines and projects in the United States, Brazil, Russia, Mauritania, Chile and Ghana. Our focus is on delivering value based on the core principles of operational excellence, balance sheet strength, disciplined growth and responsible mining. Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC).