October 6, 1998
Toronto, Ontario -
Kinross Gold Corporation
( TSE-K; NYSE-KGC) announced today it had purchased
300,000 common shares of Greystar Resources Ltd. through the facilities of The Toronto Stock
Exchange.
After giving effect to this transaction, Kinross will own 9,705,000 common shares representing 20.6%
of the issued and outstanding common shares of Greystar Resources Ltd.
Kinross holds these securities for investment purposes only. Kinross may increase or decrease its
investment in Greystar in the future as circumstances deem appropriate.
-30-
For further information contact:
Robert M. Buchan
Chairman and Chief Executive Officer
Tel: (416) 365-5650
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