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Stock impact report

Puma Welcomes Kinross Gold as Strategic Investor to Explore and Develop the Williams Brook Project [Financial Post (Toronto, Ontario, Canada)]

Kinross Gold Corporation (KGC) 
Last kinross gold corporation earnings: 2/12 05:00 pm Check Earnings Report
Company Research Source: Financial Post
RIMOUSKI, Québec, Oct. 24, 2024 (GLOBE NEWSWIRE) — Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the “Company” or “Puma”) is pleased to announce the execution on October 23, 2024 of a definitive option agreement (the “Option Agreement') with KG Exploration (Canada) Inc., a wholly-owned subsidiary of Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross”) with respect to the Williams Brook, Portage and Jonpol properties (collectively, the “Williams Brook Project”) located in Northern New Brunswick, Canada (see Figure 1). Figure 1. Puma's land holdings in Northern New Brunswick Under the terms of the Option Agreement, Kinross will have, subject to certain conditions, the option to earn a 65% interest in the Project by funding a minimum of in exploration expenditures during a period of five (5) years (including a firm commitment of $2,000,000 with at least 5,000 metres of drilling during the first 18 months). In connection with the Option Agreement, Kinross has also agreed Show less Read more
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