Financings
Matachewan sells 91,530 Kinross shares for $2.04M

MCM · Price
Executive Summary
- Matachewan Consolidated Mines Ltd. sold 91,530 common shares of Kinross Gold Corp. for a total consideration of $2,049,194.
- The disposition was approved by written consent of a majority of shareholders in accordance with TSX Venture Exchange Policy 5.3.
- Proceeds will be used to support ongoing corporate and operational activities (specific use not disclosed).
Key Details
- Shares Sold: 91,530 common shares of Kinross Gold Corp.
- Aggregate Consideration: $2,049,194 (cash).
- Sale Period Covered: March 17 2025 – August 7 2025.
- Shareholder Approval: Obtained written consent from a majority of shareholders per TSX Venture Exchange Policy 5.3.
- Transaction Type: Equity disposition (sale of existing holdings, not a new issuance).
Notable Quotes
(No executive quotes were provided in the release.)