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'Kinross Gold revels in the demand for their company shares' kinross gold

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Kinross Gold revels in the demand for their company shares

-- kinross gold
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01/23/09 14:19
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Kinross Gold revels in the demand for their company shares

Kinross Gold out of Toronto, Canada unveils a deal on January 21, 2009 that could raise about $414 million US dollars.

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This company already had $500 million in cash and didn't really need to raise the extra funds, but they issued as many as 24 million shares.

The gold miners are one of the only companies, along with some big Canadian banks and some staid utility companies that have been able to raise some revenue by issuing stock lately.

Link: reportonbusiness.com: Kinross Gold easily tops up war chest

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