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. The acquisition is part of Kinross’ ongoing strategy to expand its asset base and increase its exposure to attractive, high-quality gold projects.
Strengthening Kinross Gold’s Portfolio
Kinross Gold Corporation, a leading gold mining company, has taken a step towards strengthening its portfolio with the acquisition of 15,410,000 common shares of Relevant Gold Corp. through a non-brokered private placement. With this strategic move, Kinross aims to expand its asset base and enhance its presence in the gold mining industry.
Expanding Exposure to High-Quality Gold Projects
The acquisition of Relevant Gold shares allows Kinross Gold Corporation to increase its exposure to attractive, high-quality gold projects. As part of its ongoing strategy, Kinross seeks to capitalize on promising opportunities and secure valuable assets in the gold mining sector.
A Determined and Visionary Approach
Kinross Gold Corporation’s decision to acquire the shares of Relevant Gold Corp. demonstrates its determination to pursue growth and success in the gold mining industry. By expanding its asset base and investing in high-quality projects, Kinross takes a forward-looking approach to secure its position as a leading player in the sector.
- Strategic acquisition of 15,410,000 common shares of Relevant Gold Corp.
- Non-brokered private placement
- Expansion of asset base and presence in the gold mining industry
- Increased exposure to attractive, high-quality gold projects
With this latest development, Kinross Gold Corporation further solidifies its commitment to growth and its vision for the future of the gold mining sector.