KINROSS GOLD CORPORATION (TSE-K; NYSE-KGC) announced today that it had completed the sale of Cdn. $200,000,000 5.5% Convertible Unsecured Subordinated Debentures
Toronto, Ontario - KINROSS GOLD CORPORATION (TSE-K; NYSE-KGC) announced today that it had completed the sale of Cdn. $200,000,000 5.5% Convertible Unsecured Subordinated Debentures to a syndicate led by CIBC Wood Gundy Securities Inc. and Scotia McLeod Inc.
The Corporation also announced that it had completed the previously announced acquisition of the Canico Royalty, an effective 2% net smelter return (NSR) royalty from Inco Limited on November 14, 1996.
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