well at least it was an actual press release by KINROSS and not just the website news - given that would have resulted in the conspiracy theory someone hacked their website.
If the SEC doesn't step in now - I am at a total loss as to what they are waiting for!!
Did this story crop up because the dividend hasn't showed up on the daily list???? Or were they looking for a storyline to fund the upcoming dividend?
TORONTO, ONTARIO--(Marketwire - Dec 27, 2012) - Kinross Gold Corporation (TSX:K)(KGC) would like to clarify a news release issued by Southridge Enterprises Inc. ("Southridge") on December 26th, 2012 announcing a joint partnership between itself and Kinross relating to the Cinco Minas and Gran Cabrera properties in Mexico. The news release contained a number of statements regarding the value and status of the joint venture, and a quote from a Kinross employee.
Kinross wishes to make clear that there is no such joint partnership, joint venture or other similar such arrangement or agreement in place, and nor do we expect there to be such a joint partnership, agreement, acquisition, investment or other equivalent transaction involving Kinross and Southridge in the foreseeable future. The statements regarding the value and status of the joint partnership are, to the best of Kinross'' knowledge, without any basis in fact. The statement attributed to the Kinross employee in the Southridge news release was incorrectly attributed to him.
About Kinross Gold Corporation
Kinross is a Canadian-based gold mining company with mines and projects in Brazil, Canada, Chile, Ecuador, Ghana, Mauritania, Russia and the United States, employing approximately 8,000 people worldwide. Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (KGC). . . Contact:. . Media Kinross Gold Corporation Steve Mitchell Vice-President, Corporate Communications 416-365-2726 steve.mitchell@kinross.com Investor Relations Kinross Gold Corporation Tom Elliott Vice-President, Investor Relations 416-365-3390 tom.elliott@kinross.com
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