Kinross article.
posted on
Dec 14, 2010 09:00AM
Hi gang. I know this is a little off topic but seeing how Silverado has property near Kinrooss you all might find this artticle interesting:
Toronto, Ontario, December 13, 2010
– Kinross Gold Corporation (TSX: K, NYSE: KGC) announced
today that it has sold its approximate 1.8% equity interest in Osisko Mining Corporation ("Osisko"), consisting of approximately 6.8 million Osisko common shares, on an underwritten block trade basis, at a gross price of CDN$14.70 per share. “The sale of this non-core holding augments Kinross’ already strong financial position and reinforces our focus on delivering our industry-leading suite of growth projects,” said Kinross President and CEO Tye Burt. “We are pleased to have benefitted from Osisko’s success, which is a testament to its strong management and quality projects.”