July 12, 2001
All dollar amounts are in US dollars
Toronto Ontario – Kinross Gold Corporation
(TSE-K; NYSE-KGC)
and its subsidiary, Kinam Gold Inc.
(NYSE-KGC PrB),
announced today that Kinross has completed the acquisition of 945,400 Kinam
$3.75 Series B Convertible Preferred Shares (plus rights to accrued but unpaid dividends) for
24,186,492 common shares of Kinross. This acquisition consisted of three separate transactions that
had previously been announced in press releases on June 12 and June 18, 2001
-30-
For additional information contact:
Robert M. Buchan
Chairman and Chief Executive Officer
Tel.: (416) 365-5650
Gordon A. McCreary
Vice President, Investor Relations and Corporate Development
Tel.: (416) 365-5132
Brian W. Penny
Vice President, Finance
and Chief Financial Officer
Tel. (416) 365-5662
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