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Kinross Gold Corp Boosts Stake In Relevant Gold As Part Of $2.89M Strategic Warrant Exercise To Support Wyoming-Focused Exploration Strategy
Kinross Gold Corporation KGC | 24.94 | -1.97% |
RELEVANT GOLD CORP RGCCF | 0.28 | -3.45% |
Relevant Gold Corp. (TSXV:RGC)(OTCQB:RGCCF) (the "Company" or "Relevant Gold") is pleased to announce a strategic capital infusion of $2.89 million through the exercise of 15.8 million previously outstanding common share purchase warrants. This includes increased investment from cornerstone shareholders Kinross Gold Corporation (TSX:K, NYSE:KGC) and William Bollinger. The move signals strong conviction in the Company's Wyoming-focused gold strategy and provides a healthy runway for advancing its district-scale exploration portfolio.
Management exercised 12,000,000 founder warrants at $0.13 per share which were issued on the formation of the Company, while Kinross and Bollinger exercised a combined 3,799,102 warrants at $0.35 per share. The warrant conversion reflects strong strategic alignment and long-term conviction in the Company's vision, technical approach, and asset base.


