09:25 AM EDT, 09/23/2025 (MT Newswires) -- Kinross Gold Corporation ( KGCRF ) was at last look up 1.6% and at fresh 52 week high levels in US premarket Tuesday as it sold an aggregate of 36,927,650 common shares of Asante Gold Corporation ( ASGOF ) representing near 5.2% of the outstanding shares and 100% of the shares held by Kinross.

A statement noted shares were sold at a price per share of C$1.98 (not including commission), representing an aggregate sale price of $73,116,747. Prior to the sale, Kinross held near 5.2% of the outstanding shares and up to 13.2% of the shares, on a partially-diluted basis, assuming conversion of all convertible instruments held by Kinross.

After the sale, Kinross remains a supportive investor in Asante through its convertible instruments that represent near 8.4% of the outstanding shares on a partially diluted basis.

Shares in Kinross rose 3.8% in Canada Monday.