Kinross Gold has sold 36,927,650 common shares of Asante Gold, representing 5.2% of outstanding shares, for C$73.1 million. Kinross retains convertible instruments for 8.4% ownership. The company may buy or sell Asante securities in the future based on market conditions. No other plans or intentions regarding Asante investment have been disclosed.

Read more at Nasdaq: Kinross Gold Sells Asante Gold Common Shares