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March 19, 2025
Kinross announces renewal of NCIB
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(All dollar amounts are expressed in U.S. dollars, unless otherwise noted.) TORONTO, March 19, 2025 (GLOBE NEWSWIRE) - Kinross Gold Corporation (“Kinross” or the “Company”) (TSX: K, NYSE: KGC) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has accepted the notice filed by the Company to renew its normal course issuer bid (“NCIB”) program. Under the NCIB program, the Company is authorized to purchase up to 110,350,160 of its common shares (out of the 1,229,635,757 common shares outstanding as at February 28, 2025) representing up to 10% of the Company’s public float of 1,103,501,601 common shares, during the period starting on March 24, 2025 and ending on March 23, 2026. The Company believes that the market price of the common shares may not, from time to time, fully reflect their value and accordingly the purchase of the common shares would be in the best interest of the Company and an attractive and appropriate use of available funds. Kinross is committed to...
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February 28, 2025
Kinross announces ownership of shares of Relevant Gold
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(All dollar amounts are expressed in Canadian dollars, unless otherwise noted.) TORONTO, Feb. 28, 2025 (GLOBE NEWSWIRE) - Kinross Gold Corporation (“ Kinross ” or the “ Company ”) (TSX: K, NYSE: KGC) announced today that it has entered into an agreement to acquire 15,410,000 common shares (the “ Shares ”) of Relevant Gold Corp. (“ Relevant Gold ”) in a non-brokered private placement at a price of $0.30 per Share for total consideration of $4,623,000. Accordingly, as of today, taking into account the Shares already held by Kinross, Kinross is the deemed beneficial owner of Shares representing approximately 19.9% of the issued and outstanding Shares of Relevant Gold and is therefore required by applicable Canadian securities laws to issue this press release and file a corresponding early warning report. Prior to completion of the transaction, Kinross held 5,100,000 Shares, representing approximately 6.8% of the issued and outstanding Shares, and 2,550,000 Share purchase warrants of...
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February 12, 2025
Kinross declares quarterly dividend
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TORONTO, Feb. 12, 2025 (GLOBE NEWSWIRE) - Kinross Gold Corporation (TSX: K; NYSE: KGC) (the “Company”) today announced that the Company’s Board of Directors has declared a dividend of US$0.03 per common share for the fourth quarter of 2024. The dividend is payable on March 20, 2025, to shareholders of record as of the close of business on March 5, 2025. This dividend qualifies as an “eligible dividend” for Canadian income tax purposes while dividends paid to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes. About Kinross Gold Corporation Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. Our focus is on delivering value based on the core principles of responsible mining, operational excellence, disciplined growth, and balance sheet strength. Kinross maintains listings on the Toronto Stock Exchange (symbol: K) and the New...
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February 12, 2025
Kinross reports 2024 fourth-quarter and full-year results
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Delivered on all key guidance metrics Achieved record free cash flow of more than $1.3 billion and repaid $800 million of debt Strong three-year outlook of 2.0 million Au eq. oz. per year TORONTO, Feb. 12, 2025 (GLOBE NEWSWIRE) - Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross” or the “Company”) today announced its results for the fourth quarter and year ended December 31, 2024 1 .
This news release contains forward-looking information about expected future events and financial and operating performance of the Company. We refer to the risks and assumptions set out in our Cautionary Statement on Forward-Looking Information located on pages 41 and 42 of this release. All dollar amounts are expressed in U.S. dollars, unless otherwise noted. 2024 full-year results and 2025 guidance: 2024 guidance (+/- 5%) Q4 2024 results 2024 full-year results 2025 guidance (+/- 5%) Gold equivalent production1 (ounces) 2.1 million...
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