Friday, October 24, 2025

Latest

Kinross Gold CEO Unloads $21.0 Million Worth Of Shares

Kinross Gold (TSX: K) is in the news for all the wrong reasons this morning, with its CEO, Jonathan Paul Rollinson, having filed this week the sale of a substantial portion of his equity holdings in the company.

Rollinson on Tuesday filed the sale of 1.3 million common shares of Kinross, at an average price of $14.00 a share. The sale generated gross proceeds of $18.2 million, and follows the sale of 200,000 shares at an average price of $14.01 a share earlier this month.

All told, Rollinson in November has sold 47% of his free trading common shares in Kinross, for gross proceeds of $21.0 million.

Outside of common shares, Rollinson also holds 2,018,170 restricted shares, and no options in the equity. On a combined basis, he sold 28.8% of his stake in the company.

WATCH: Kinross Q3 Earnings: Crushing Expectations

No notes were included on either of the sale filings made with Sedi.

Kinross Gold last traded at $13.74 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Steadright Enters MOU To Acquire Historic Goundafa Polymetallic Mine In Morocco

Military Seizes Power in Madagascar After President Flees

Related News

Kinross: BMO Views Revised Russian Asset Sale As Positive, Despite Halving Of Sales Figure

On June 15th, Kinross Gold Corporation (TSX: K) announced that it had completed its sale...

Saturday, June 18, 2022, 03:12:00 PM

Canaccord: “We Expect Kinross’s Trailing 4Q Free Cash Flow To Surpass $800 Million In Q4”

Yesterday, Kinross Gold (TSX: K) released its third quarter financial results. The company reported adjusted...

Thursday, November 5, 2020, 12:27:00 PM

Kinross Recovered Slightly More Than Half Of Its Losses From Russian Asset Sale

Kinross Gold Corporation (TSX: K) finally closed its Russian chapter on Wednesday when it completed...

Thursday, June 16, 2022, 07:15:41 AM

Great Bear Shareholders Approve Acquisition By Kinross Gold

It’s official. Great Bear Resources (TSXV: GBR) is set to be acquired by Kinross Gold...

Tuesday, February 15, 2022, 08:44:34 AM

Kinross Gold Suspends Milling Operations At Tasiast Mine Following Fire

Kinross Gold (TSX: K) has suspended mill operations at its Tasiast Mine in Mauritania following...

Tuesday, April 15, 2025, 09:18:58 AM