40 King Street West, 52 Floor
Toronto, ON M5H 3Y2
www.kinross.com
Tel: 416 365 5123
Fax: 416 363 6622
Toll Free: 866-561-3636
nd
Kinross Provides Status Update on Late Filing of Financial
Statements
January 20, 2006… Toronto, Ontario – Kinross Gold Corporation (“Kinross” or the
“Company”)
(TSX-K; NYSE-KGC). Pursuant to the alternative information guidelines of the
Ontario Securities Commission (“OSC”) Policy 57-603 and Canadian Securities Administrators
Staff Notice 57-301, Kinross is providing a notice to the market regarding a restatement of its
prior financial statements and an update on the process relating to the preparation and filing of
its financial statements and related matters, until such time as Kinross is current with its filing
obligations under Canadian securities laws.
Kinross previously disclosed that financial statements for 2003 and 2004 will need to be
restated due to the non-cash impact of foreign exchange rates on future tax liabilities relating to
the purchase of certain assets acquired in the acquisition of TVX Gold and Echo Bay in January
2003. Kinross is currently working to finalize and refile its 2003 and 2004 restated financial
statements, which will be followed by its quarterly financial statements for 2005 and other
regulatory filings required to bring the Company current. The Company believes that it will
commence filing by the end of January.
We are issuing bi-weekly updates as to the status and timing which can be viewed on our
website at www.kinross.com. The next update is scheduled for the week of January 30th, 2006.
For additional information, e-mail
info@kinross.com
or contact:
Christopher T. Hill
Senior Vice President,
Corporate Communications
Tel. (416) 365-7254
Tracey M. Thom
Director, Investor Relations
and Communications
Tel. (416) 365-1362
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40 King Street West, 52 Floor
Toronto, ON M5H 3Y2
www.kinross.com
Tel: 416 365 5123
Fax: 416 363 6622
Toll Free: 866-561-3636
nd
Kinross Provides Status Update on Late Filing of Financial
Statements
January 20, 2006… Toronto, Ontario – Kinross Gold Corporation (“Kinross” or the
“Company”)
(TSX-K; NYSE-KGC). Pursuant to the alternative information guidelines of the
Ontario Securities Commission (“OSC”) Policy 57-603 and Canadian Securities Administrators
Staff Notice 57-301, Kinross is providing a notice to the market regarding a restatement of its
prior financial statements and an update on the process relating to the preparation and filing of
its financial statements and related matters, until such time as Kinross is current with its filing
obligations under Canadian securities laws.
Kinross previously disclosed that financial statements for 2003 and 2004 will need to be
restated due to the non-cash impact of foreign exchange rates on future tax liabilities relating to
the purchase of certain assets acquired in the acquisition of TVX Gold and Echo Bay in January
2003. Kinross is currently working to finalize and refile its 2003 and 2004 restated financial
statements, which will be followed by its quarterly financial statements for 2005 and other
regulatory filings required to bring the Company current. The Company believes that it will
commence filing by the end of January.
We are issuing bi-weekly updates as to the status and timing which can be viewed on our
website at www.kinross.com. The next update is scheduled for the week of January 30th, 2006.
For additional information, e-mail
info@kinross.com
or contact:
Christopher T. Hill
Senior Vice President,
Corporate Communications
Tel. (416) 365-7254
Tracey M. Thom
Director, Investor Relations
and Communications
Tel. (416) 365-1362