Kinross Gold Increases Stake in Eminent to About 14%

Dow Jones03-03

By Robb M. Stewart

Kinross Gold bumped up its stake in exploration company Eminent Gold to just shy of 14%, exercising share-purchase warrants worth almost 2.7 million Canadian dollars (US$1.9 million).

As part of the move, Eminent said it issued an additional warrant for each warrant exercised, which entitles the holder to buy an additional share for C$1.50 each until May 2, 2027. Before the warrant exercise and the issuance of the incentive warrants, Kinross had control over about a 9.7% interest in Eminent.

Nevada-focused Eminent said the proceeds will allow it to resume drilling at its Hot Springs Range project in the near term and to advance its Celts project toward drilling in the coming months.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

March 03, 2026 06:57 ET (11:57 GMT)

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Stewart \n\n\n \n\n\nKinross Gold bumped up its stake in exploration company Eminent Gold to just shy of 14%, exercising share-purchase warrants worth almost 2.7 million Canadian dollars (US$1.9 million). \n\n\n  As part of the move, Eminent said it issued an additional warrant for each warrant exercised, which entitles the holder to buy an additional share for C$1.50 each until May 2, 2027. Before the warrant exercise and the issuance of the incentive warrants, Kinross had control over about a 9.7% interest in Eminent. \n\n\n  Nevada-focused Eminent said the proceeds will allow it to resume drilling at its Hot Springs Range project in the near term and to advance its Celts project toward drilling in the coming months. \n\n\n \n\n\n  Write to Robb M. 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