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Kinross Gold Sells Portion of Asante Gold Position
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Junior Mining News
TORONTO, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (“Kinross”) (TSX: K, NYSE: KGC) announced today that it has sold an aggregate of 36,927,650 common shares (“Shares”) of Asante Gold Corporation (“Asante”) representing approximately 5.2% of the outstanding Shares and 100% of the Shares held by Kinross.
Prior to the sale, Kinross held approximately 5.2% of the outstanding Shares and up to 13.2% of the Shares, on a partially-diluted basis, assuming conversion of all convertible instruments held by Kinross.
After the sale, Kinross remains a supportive investor in Asante through our convertible instruments that represent approximately 8.4% of the outstanding Shares on a partially diluted basis.
Kinross sold the Shares in the ordinary course of investments in portfolio companies.
About Kinross Gold CorporationKinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada.
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