On April 26, 2025, Kinross Gold Corporation completed a strategic equity investment of $3,029,694.80 in Eminent Gold Corp., acquiring 9.9% of Eminent’s issued and outstanding share capital, calculated on an undiluted basis. The transaction includes an investor rights agreement between Kinross and Eminent that provides Kinross with participation rights and certain other rights and protections.

Kinross is a Canadian-based senior gold mining company with a portfolio of mines and projects in the United States, Brazil, Mauritania, Chile and Canada. The company’s investment in Eminent — a gold exploration company focused on assets in Nevada — aligns with its long-term strategy of supporting emerging exploration companies with promising prospects in established jurisdictions.

Gowling WLG advised Kinross Gold Corporation on this investment with a team of Erik Goldsilver and Lee Sykes.