Toronto, Ontario, January 20, 2015 - Kinross Gold
Corporation (TSX: K; NYSE: KGC) (the "Company") today announced it
is extending until January 23, 2015 its offer to exchange up to
US$500 million principal amount of its 5.95% Senior Notes due 2024,
which have been registered under the Securities Act of 1933 (the
"New Notes"), for all of its outstanding unregistered 5.95% Senior
Notes due 2024 (the "Old Notes").
The exchange offer of New Notes for Old Notes, which was
originally set to expire at 5 p.m. EST on January 19, 2015, will
now expire at 5 p.m. EST, on January 23, 2015, unless further
extended.
The Company, together with the guarantors, have filed a
registration statement to register the New Notes under the
Securities Act of 1933. The exchange offers are being made upon the
terms and subject to the conditions set forth in a prospectus dated
December 16, 2014.
As of 5 p.m., EST, on January 19, 2015, US$497,935,000 principal
amount of the Old Notes has been tendered and not withdrawn.
The Exchange Agent for the exchange offer is Wells Fargo Bank,
N.A.
A registration statement (including a prospectus) for the
offering to which this communication relates has been filed with
the Securities and Exchange Commission ("SEC"). Before investing in
the New Notes, please read the prospectus in the registration
statement and other documents the Company has filed for the
offering with the SEC. These documents are available without charge
through EDGAR on the SEC website at www.sec.gov.
About Kinross Gold Corporation
Kinross is a Canadian-based senior gold mining company with
mines and projects in the United States, Brazil, Russia,
Mauritania, Chile and Ghana. Kinross maintains listings on the
Toronto Stock Exchange (symbol:K) and the New York Stock Exchange
(symbol:KGC).
Media Contact
Andrea Mandel-Campbell
Director, Corporate Communications
phone: 647-788-4179
andrea.mandel-campbell@kinross.com
Investor Relations Contact
Tom Elliott
Vice-President, Investor Relations
phone: 416-365-3390
tom.elliott@kinross.com