Kinross Sells Harry Winston Shares
23.07.2010 | Marketwire
TORONTO, ONTARIO -- (Marketwire) -- 07/23/10 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that it has entered into an agreement with a group of financial institutions to sell its approximate 19.9% equity interest in Harry Winston Diamond Corporation (TSX: HW) (NYSE: HWD) ('Harry Winston'), consisting of 15.2 million Harry Winston common shares, on an underwritten block trade basis.This press release is not an offer of securities for sale in the United States. The Harry Winston common shares to be sold have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.
About Kinross Gold Corporation
Kinross Gold Corp.k is a Canadian-based gold mining company with mines and projects in the United States, Brazil, Chile, Ecuador and Russia, employing approximately 5,500 people worldwide.
Kinross' strategic focus is to maximize net asset value and cash flow per share through a four-point plan built on: delivering mine and financial performance; attracting and retaining the best people in the industry; achieving operating excellence through the "Kinross Way"; and delivering future value through profitable growth opportunities.
Kinross maintains listings on the Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC).
For more information, please contact
Media Contact
Kinross Gold Corporation
Steve Mitchell
Vice President, Corporate Communications
(416) 365-2726
steve.mitchell@kinross.com
or
Investor Relations Contact
Kinross Gold Corporation
Erwyn Naidoo
Vice-President, Investor Relations
(416) 365-2744
erwyn.naidoo@kinross.com
www.kinross.com
