Kinross Gold Completes Bought Deal Offering

On August 28, 2003, Kinross Gold Corporation completed a bought deal offering of 23 million common shares, including three million common shares pursuant to an over-allotment option granted by Kinross to the underwriters, at $9.26 per common share for gross proceeds of $213 million. The underwriters for the offering were CIBC World Markets Inc., Scotia Capital Inc. and RBC Dominion Securities Inc.

Kinross Gold was represented in Canada, by Cassels Brock & Blackwell LLP with a team that included Cameron Mingay, André Boivin and Patrick Gleeson (securities/corporate) and Chris Norton (tax); and in the U.S., by Parr Waddoups Brown Gee & Loveless in Salt Lake City, Utah, with a team that included Keith Pope (securities/corporate) and Ken Tillou (tax).

The underwriters were represented in Canada, by Blake, Cassels & Graydon LLP with a team that included Sheila Murray, Geoff Belsher, Anoop Dogra, James Clarke, John Bursic and Erin Burkett (securities/corporate) and Paul Tamaki (tax); and in the U.S., by Skadden, Arps, Slate, Meagher & Flom LLP in New York, with a team that included Richard Aftanas and Damien Sullivan (securities/corporate) and Bill Weiss (tax).