Kinross announces sale of shares of White Gold
TORONTO, July 25, 2025 (GLOBE NEWSWIRE) -- Kinross Gold Corporation ('Kinross' or the 'Company') (TSX: K, NYSE: KGC) announced today that it has sold an aggregate of 23,681,160 common shares of White Gold Corp. ('White Gold') representing all of the common shares held by Kinross. The shares represent approximately 12% of the outstanding White Gold common shares. The shares were sold at an average sales price of $0.29 (excluding commission), representing an aggregate sale price of $6,869,905.51.
A copy of the early warning report filed by Kinross in connection with the investment will be available on White Gold's profile on SEDAR+ at www.sedarplus.ca. Alternatively, you may contact Luke Crosby, Senior Vice President, General Counsel and Corporate Secretary at 647-788-4478 to obtain a copy of the report. Kinross is organized under the laws of the Province of Ontario and its head office is located at 25 York Street, 17th Floor, Toronto, Ontario M5J 2V5. White Gold's head office is located at 82 Richmond Street East, Toronto, Ontario, M5C 1P1.
About Kinross Gold Corporation
Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. Our focus is on delivering value based on the core principles of responsible mining, operational excellence, disciplined growth, and balance sheet strength. Kinross maintains listings on the Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC).
Media Contact
Samantha Sheffield
Director, Corporate Communications
phone: 416-365-3034
[email protected]
Investor Relations Contact
David Shaver
Senior Vice-President, Investor Relations & Communications
phone: 647-365-2854
[email protected]
Source: Kinross Gold Corporation
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
39 minutes ago
- Yahoo
LeBlanc says he expects Carney, Trump will speak in the coming days
OTTAWA — Dominic LeBlanc says he expects Prime Minister Mark Carney and U.S. President Donald Trump will speak "over the next number of days" as the United States ratchets up pressure in trade talks. The Canada-U.S. trade minister appeared on CBS's "Face the Nation" on Sunday and spoke about where talks stand between the two countries. LeBlanc told host Margaret Brennan that while Canada is "disappointed" with Trump's new 35-per-cent tariffs, he is continuing to work toward a deal that would hopefully strike down trade restrictions between the nations. LeBlanc was in Washington last week attempting to find common ground with the Trump administration ahead of Friday's deadline to secure a new deal between the trading partners. While Mexico was granted a 90-day delay on new duties, Trump on Friday hit Canada with a 35-per-cent tariff on all goods that are not compliant with the Canada-U.S.-Mexico Agreement on trade. Canada also continues to face U.S. tariffs on steel, aluminum and automobiles as well as Trump's new 50-per-cent tariffs on semi-finished copper products. This report by The Canadian Press was first published Aug. 3, 2025. Craig Lord, The Canadian Press
CBS News
an hour ago
- CBS News
Canadian trade minister says "we're prepared to stick around and do the work needed" after U.S. imposed 35% tariff on goods
Canada-U.S. Trade Minister Dominic LeBlanc said Sunday that "we're prepared to stick around and do the work needed" despite having left Washington without a new trade deal amid increased tariffs from President Trump. "We believe there's a great deal of common ground between the United States and Canada in terms of building two strong economies that work well together," LeBlanc said on "Face the Nation with Margaret Brennan." The White House announced last week that duties would jump from 25% to 35% on Canadian goods not covered under the Canada-United States-Mexico Agreement, claiming that the U.S.' second-largest trading partner hasn't done enough to address immigration and the flow of fentanyl into the U.S. LeBlanc said that while "we were obviously disappointed by that decision," negotiators would "continue to do the work." LeBlanc said his team left with "a better understanding of the American concerns in the trading relationship" and characterizing the meetings with U.S. Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick as "constructive, cordial conversations." "We're encouraged by the conversations with Secretary Lutnick and Ambassador Greer, but we're not yet where we need to go to get the deal that's in the best interest of the two economies," LeBlanc said. Mr. Trump announced higher tariffs against more than 60 U.S. trading partners late last week. But Canada is the largest American trading partner included, being the world's largest buyer of American goods and the third-largest seller of goods to the U.S. last year, according to Census Bureau data. The country bought some $350 billion worth of American goods and sold $412 billion to the U.S. market in 2024. In an interview for "Face the Nation" on Friday, Greer cited Canada's retaliatory tariffs imposed earlier this year under former Prime Minister Justin Trudeau for the increase, saying, "if the president's going to take an action and the Canadians retaliate, the United States needs to maintain the integrity of our action, the effectiveness, so we have to go up too." "Our view is the president is trying to fix the terms of trade with Canada, and if there's a way to a deal, we'll find it," Greer said. "And if it's not, we'll have the tariff levels that we have." In a statement released Friday, Canadian Prime Minister Mark Carney said he was "disappointed" by Mr. Trump's actions. He noted that "Canada accounts for only 1% of U.S. fentanyl imports and has been working intensively to further reduce these volumes." On Sunday, LeBlanc said he expects Carney will have a conversation with Mr. Trump "over the next number of days," while noting that the Canadian prime minister has "built a very business-like, respectful relationship with President Trump." "We understand and respect totally the president's view in terms of the national security interests. In fact, we share it," LeBlanc said. "And what we've said to our American counterparts is, how can we structure the right agreement where we can both continue to supply one another in a reliable, cost effective way that preserves jobs essential to the American economy? But the same thing is true, obviously in Canada as well." The U.S.-Canada relationship has been strained since Mr. Trump came into office in January and repeatedly suggested that Canada could become the "51st state." Carney emphatically denied this in an Oval Office meeting with Mr. Trump in May, saying Canada is "not for sale."
Fox News
an hour ago
- Fox News
Steve Moore warns job creation numbers are ‘increasingly unreliable' amid weak July report
Former Trump economic advisor Steve Moore discusses the July jobs report and President Donald Trump's efforts to make a new trade deal with Canada on 'Fox News Live.'
