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TORONTO, ON--(Marketwired - March 16, 2016) -
Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that the syndicate of underwriters for the Company's previously completed bought deal public offering of 83,400,000 common shares of Kinross have elected to exercise their option in full to purchase an additional 12,510,000 common shares at a price of US$3.00 per common share. The sale of the additional common shares is expected to be completed on March 18, 2016 and will increase the gross proceeds by an additional US$37,530,000, resulting in total gross proceeds from the offering of US$287,730,000. |
