Published on 9/8/2006 in the Prospect News PIPE Daily.
New Issue: Kinross Gold sells C$35.95 million in shares of Katanga Mining
By Sheri Kasprzak
New York, Sept. 8 - Kinross Gold Corp. sold C$35,946,857 of its shares of Katanga Mining Ltd. in a private placement.
The company sold 5,751,500 shares of Katanga at C$6.25 each.
Toronto-based Kinross is a gold exploration company and Katanga is a subsidiary of Kinross.
| Issuer: | Katanga Mining Ltd.
|
| Issue: | Stock
|
| Amount: | C$35,946,857
|
| Shares: | 5,751,500 (of Katanga Mining Ltd.)
|
| Price: | C$6.25
|
| Warrants: | No
|
| Settlement date: | Sept. 8
|
| Stock symbol: | Toronto: KAT
|
| Stock price: | C$6.60 at close Sept. 8
|
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