Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Kenorland Minerals Investors Sumitomo And Centerra Retain Their Stakes

Kenorland Minerals Investors Sumitomo And Centerra Retain Their Stakes

MT newswireMT newswire2026/10/02 20:58
04:58 PM EDT, 10/02/2026 (MT Newswires) -- Kenorland Minerals (KLD.V) after trade Friday said that Sumitomo Metal Mining Canada and Centerra Gold (CG.TO, CGAU) completed their top-up rights to maintain their stakes in the company. Sumitomo will retain a 10.1% interest, while Centerra will maintain a 9.9% interest, according to the statement. Kenorland issued a total of 45,794 shares at CA$2.498 per share, raising CA$114,393.41. Of these, 23,126 shares went to Sumitomo and 22,668 shares went to Centerra, it said. "The common shares issued are subject to a statutory hold period in accordance with applicable securities legislation and the rules and policies of the TSXV expiring on Feb. 2, 2027," the company said. Kenorland shares closed up 11.4% at CA$2.34 on the TSX Venture Exchange.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!