Puma Closes the Option Agreement and $1M Private Placement with Kinross Gold
Kinross Gold Corporation (KGC)
Last kinross gold corporation earnings: 2/12 05:00 pm
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US:NYSE Investor Relations:
kinross.com/news-and-investors/default.aspx
Company Research
Source: GlobeNewswire
RIMOUSKI, Quebec, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the “Company” or “Puma”) is pleased to announce that it has closed its Option Agreement for the Williams Brook, Portage and Jonpol properties (collectively, the “Williams Brook Project”) announced on October 24, 2024 including a non-brokered private placement for $1,011,473.47 with Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross”). In connection with the Option Agreement, Kinross subscribed to 16,857,891 common shares of the Company at a price of $0.06 (“the Offering”). Kinross now holds approximately 9.9% of Puma's issued and outstanding shares. Puma and Kinross have also executed an investor rights agreement (the “IRA”), pursuant to which, among other things, Kinross will be granted the right to participate in future equity financings in order to maintain its ownership percentage in the Company or acquire up to 19.9% of the total of common shares of the Company issued and
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News
- Puma Closes the Option Agreement and $1M Private Placement with Kinross Gold [Yahoo! Finance]Yahoo! Finance
- Asante Announces $525 Million Financing Package [Canadian Business Journal (Canada)]Canadian Business Journal
- 2 High-Growth Canadian Stocks to Buy Now [Yahoo! Finance Canada]Yahoo! Finance Canada
- Kinross Gold (KGC) Upgraded to Strong Buy: Here's Why [Yahoo! Finance]Yahoo! Finance
- Is Kinross Gold (KGC) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
KGC
Earnings
- 7/31/24 - Beat
KGC
Sec Filings
- 10/8/24 - Form SC
- 10/8/24 - Form 6-K
- 10/7/24 - Form SC
- KGC's page on the SEC website