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-0.000674763832658555 -0.000674763832658555 0.000674763832658555 0.0033738191632929 0.00472334682861001 0 0.00202429149797579 0.0033738191632929
Stock impact report

Outback Announces Signing of Definitive Agreement [Yahoo! Finance]

Kinross Gold Corporation (KGC) 
Last kinross gold corporation earnings: 2/12 05:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
pleased to announce that further to its press release dated March 1, 2024 the Company has entered into a definitive share purchase agreement with S2 Resources Ltd. and one of its subsidiaries (collectively, " S2 ") whereby Outback will acquire (the " Transaction ") a subsidiary of S2 holding its prospective portfolio of gold projects in Finland. The consideration to be paid to S2 will consist of a $1,500,000 cash payment and the issuance of $5,500,000 in common shares of Outback (the " Consideration Shares "). The Transaction remains subject to, among other things, Outback completing the previously-announced $5,000,000 non-brokered private placement (the " Offering "). The Consideration Shares will be issued at deemed price equal to the price of the Offering. "We are excited to be one step closer to closing the transformative acquisition of S2's highly prospective projects in the Central Lapland Greenstone Belt of Finland," commented Chris Donaldson, Outback CEO. "The projects we ar Show less Read more
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