GOLD: Kinross sheds share of Lundin Gold holding

TORONTO – Kinross Gold Corp. has sold 5.5 million of the Lundin Gold shares it held, bringing its interest in Lundin down to 17.4% or approximately 26.2 million shares. The shares are being purchased by GMP Securities for resale on a private placement basis. GMP will pay $5.60 per shares for gross proceeds of $30.8 million. The sale is subject to customary closing conditions and is expected to occur on or about Oct. 5, 2016. Please visit either www.LundinGold.com or www.Kinross.com.