Toronto, September 2, 2003
Kinross Gold Corporation (TSX-K; NYSE – KGC) (“Kinross”) announced that it has acquired 2,083,333
units of Sargold Resource Corporation (TSX-V: SRG) (“Sargold”). Each unit consists of one common
share and three quarters of a common share purchase warrant (“Warrant”). As a result of this
transaction, Kinross has acquired ownership in 2,083,333 common shares of Sargold representing
approximately 9.20% of the issued and outstanding shares of Sargold. Assuming the exercise of the
Warrants held by Kinross, based on the current number of outstanding Sargold common shares,
Kinross would hold approximately 14.87% of the outstanding Sargold common shares. Kinross has
acquired the common shares and the warrants for investment purposes.
The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and
may not be offered or sold in the United States absent registration or an applicable exemption from the
registration requirements. This press release shall not constitute an offer to sell or the solicitation of an
offer to buy, nor shall there be any sale of the securities in any State in which such offer, solicitation or
sale would be unlawful.
For further information contact:
Gordon A. McCreary
Vice President Corporate Affairs
Tel: (416) 365-5132
Carl B. Hansen
Director, Investor Relations
Tel: (416) 365-5673
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Toronto, September 2, 2003
Kinross Gold Corporation (TSX-K; NYSE – KGC) (“Kinross”) announced that it has acquired 2,083,333
units of Sargold Resource Corporation (TSX-V: SRG) (“Sargold”). Each unit consists of one common
share and three quarters of a common share purchase warrant (“Warrant”). As a result of this
transaction, Kinross has acquired ownership in 2,083,333 common shares of Sargold representing
approximately 9.20% of the issued and outstanding shares of Sargold. Assuming the exercise of the
Warrants held by Kinross, based on the current number of outstanding Sargold common shares,
Kinross would hold approximately 14.87% of the outstanding Sargold common shares. Kinross has
acquired the common shares and the warrants for investment purposes.
The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and
may not be offered or sold in the United States absent registration or an applicable exemption from the
registration requirements. This press release shall not constitute an offer to sell or the solicitation of an
offer to buy, nor shall there be any sale of the securities in any State in which such offer, solicitation or
sale would be unlawful.
For further information contact:
Gordon A. McCreary
Vice President Corporate Affairs
Tel: (416) 365-5132
Carl B. Hansen
Director, Investor Relations
Tel: (416) 365-5673
Home
Corporate
Operations
Investors
News
Contact
Search
Index