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Stock impact report

Riley Gold Closes Oversubscribed Private Placement Including Lead Order from Kinross [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 report it has closed its private placement, as previously announced on March 14, 2024, and March 20, 2024. Riley Gold has issued 10,000,000 units at C$0.15 per Unit (" Unit ") for total gross proceeds of C$1,500,000 (the " Private Placement Under the Private Placement, Kinross Gold Corporation subscribed for 2,217,815 Units, representing a 9.9% ownership interest in the Company on a partially diluted basis including share purchase warrants (the " Kinross Investment "). Each Kinross Investment Unit is comprised of one common share of the Company (a " Share ") and one share purchase warrant (a "Kinross Warrant "). Each Kinross Warrant will entitle Kinross Gold Corporation to purchase for a period of sixty (60) months one additional Share at an exercise price of C$0.25. The remaining Private Placement Units are comprised of one Share and one share purchase warrant (a "Warrant "). Each Warrant will entitle the holder to purchase for a period of twenty-four (24) months one a Show less Read more
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