Toronto, Ontario - September 1, 2010 - Kinross
Gold Corporation (TSX:K, NYSE: KGC) today announced that Glass,
Lewis & Co. LLC ("Glass Lewis") has provided a positive
recommendation regarding its proposed friendly combination with Red
Back Mining Inc. Glass Lewis has recommended that Kinross
shareholders vote "FOR" the issuance of Kinross shares and warrants
in connection with the acquisition.
The boards of directors of both Kinross and Red Back have
unanimously approved the friendly business combination under a plan
of arrangement, and Kinross' board has unanimously
recommended that shareholders also vote in favour of the issuance
of Kinross shares and warrants in connection with the
transaction.
Glass, Lewis & Co. LLC is a professional services firm that
provides proxy research, analysis and voting recommendations to
institutional investors and money managers around the world.
Kinross will hold a special meeting of shareholders on September
15, 2010 at 10 a.m. ET regarding the proposed combination with Red
Back. Proxies to be used or acted upon at the meeting must be
deposited with Kinross' transfer agent, Computershare Investor
Services Inc., by 10 a.m. ET on September 13, 2010.
For any questions regarding the voting process, shareholders are
advised to contact Kinross' proxy solicitation agent, Kingsdale
Shareholder Services Inc., at 1-866-581-1479 (in North America) or
at 416-867-2272 (outside of North America), or by e-mail at contactus@kingsdaleshareholder.com.
For more information about the Kinross and Red Back combination,
visit www.KinrossIR.com.