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VANCOUVER, BC, March 3, 2026 /PRNewswire/ – Eminent Gold Corp. (TSXV: EMNT) (OTCQB: EMGDF) (FSE: 7AB) („Eminent“ or the „Company„) announces that Kinross Gold Corporation („Kinross„) has exercised 3,787,118 common share purchase warrants of the Company („Warrants„) and now owns 11,361,355 common shares of the Company (the „Common Shares„), representing approximately 13.8% of the issued and outstanding Common Shares (on a non-diluted basis) (the „Warrant Exercise„). This Warrant Exercise represents continued participation and support from the Company’s strategic partner Kinross.
Kinross exercised the above-noted Warrants for gross proceeds of C$2,650,983. In connection with the Warrant Exercise, the Company issued an additional warrant (an „Incentive Warrant„) for each Warrant exercised. Each Incentive Warrant entitles the holder to acquire an additional common share at a price of $1.50 per share until May 2, 2027, consistent with the terms previously announced by the Company.
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6 Kommentare
This is very helpful information. Appreciate the detailed analysis.
Interesting update on Kinross Increases Ownership in Eminent to 13.8% and Files Early Warning Report. Looking forward to seeing how this develops.
Great insights on Fonds-News. Thanks for sharing!
Solid analysis. Will be watching this space.
Good point. Watching closely.
I’ve been following this closely. Good to see the latest updates.