Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Crown Resources Corporation and Kinross Gold Corporation Extend Acquisition Agreement.


DENVER -- Crown Resources Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CRCE CRCE Centre for Research into Communist Economies
CRCE Centre de Recherche en Conversion d'Énergie
CRCE Centrului Roman de Comert Exterior
CRCE Concaecio Rodrigues College of Engineering
) ("Crown") announced that it has signed an Amendment with Kinross Gold Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:K) (NYSE NYSE

See: New York Stock Exchange
:KGC KGC Knights of the Golden Circle
KGC Kids get Care
KGC Kingscote, South Australia, Australia (Airport Code)
KGC Known Good Cable
) ("Kinross") to extend the termination date termination date,
n See expiration date.
 of the previously announced (Nov. 20, 2003) definitive acquisition agreement (the "Agreement") whereby Kinross will acquire Crown and its 100%-owned Buckhorn buck·horn  
n.
1. The horn of a buck.

2. The material of such a horn, used especially to make handles for knives and tools.
 Mountain gold deposit located in north central Washington state, USA, approximately 67 kilometers by road from Kinross' Kettle River gold milling facility.

With this Amendment, the Agreement has been extended to Dec. 31, 2004. The Agreement was due to expire on Sept. 30, 2004, but additional time is necessary for Kinross to file with the Securities and Exchange Commission ("SEC") a registration statement that will include a proxy statement on behalf of Crown and a prospectus on behalf of Kinross, and other relevant documents in connection with the proposed acquisition.

Where to Find Additional Information about the Transaction:

This press release is not, and is not intended to be, a solicitation of proxies or an offer of securities. Investors and security holders of Kinross and Crown are urged to read the proxy statement/prospectus and other relevant materials, when they become available, as they will contain important information about Kinross, Crown and the proposed acquisition. The proxy statement/prospectus and other relevant materials, and any other documents to be filed by Kinross or Crown with the SEC, will be available free of charge at the SEC's Web site at http://www.sec.gov. A free copy of the joint proxy statement/prospectus and other relevant materials may also be obtained from Kinross, when available.

This press release includes certain "Forward-Looking Statements" within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization Mineralization
The process by which the body uses minerals to build bone structure.

Mentioned in: Rickets

mineralization,
n the bioprecipitation of an inorganic substance.
 and reserves, exploration results and future plans and objectives of Kinross and Crown, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Development of Buckhorn Mountain is subject to the successful completion and implementation of an economically viable mining plan, obtaining the necessary permits and approvals from various regulatory authorities, and compliance with operating parameters established by such authorities. Important factors that could cause actual results to differ materially from Kinross' and Crown's expectations are disclosed under the heading "Risk Factors" and elsewhere in Kinross' and Crown's documents filed from time to time with the Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
, the United States Securities and Exchange Commission and other regulatory authorities.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1CANA
Date:Sep 17, 2004
Words:442
Previous Article:Aethlon Medical Presents at Global BioPharma Conference.
Next Article:Three Years after 9/11 and Basic Security Still Not in Place in Big Apple.
Topics:



Related Articles
Kinross takes proactive approach to mine rehab: Partnership between province and mining company revitalizes land for public use, addresses subsidence...
Company floats hot idea to city: Abandoned mines possible source for heating system.
Kinross Gold Corporation and Crown Resources Corporation Execute Acquisition Agreement.
Crown Resources Completes Feasibility Study on Its High-Grade Buckhorn Mountain Gold Project.
Crown Resources Corporation and Kinross Gold Corporation Extend Acquisition Agreement/Kinross to Fund US$1.0 million Private Placement into Crown.
Kinross Extends Crown Transaction Deadline, Invests $1 Million into Crown Resources Corporation.
Crown Resources Corporation Closes US$1.0 Million Private Placement With Kinross Gold Corporation.
Crown Resources Corporation and Kinross Gold Corporation Modify Exchange Ratio and Extend Acquisition Agreement.
Solitario Resources Updates Status of Its Crown Resources Equity Investment.
Crown Resources Corporation and Kinross Gold Corporation Modify Exchange Ratio, Eliminate Valuation Collar and Extend Acquisition Agreement.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles