Take a look at this.....KINROSS is buying into ARU no matter what happens on the buyout offer...In essence Kinross just bought 15 Million shares for $ 4.75 per share NO MATTER WHAT HAPPENS...!!!!
Private placement
Kinross has also agreed to purchase 15 million common shares of Aurelian on a private placement basis, at a price of $4.75 per share for total subscription proceeds of approximately $71-million, to assist with the development of FDN and for general corporate purposes. The private placement is not conditional on completion of the offer. The private placement as well as the issuance of the Kinross common shares and warrants pursuant to the offer are subject to TSX approval.