0001144204-18-014987.txt : 20180315 0001144204-18-014987.hdr.sgml : 20180315 20180315171734 ACCESSION NUMBER: 0001144204-18-014987 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20180315 FILED AS OF DATE: 20180315 DATE AS OF CHANGE: 20180315 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KINROSS GOLD CORP CENTRAL INDEX KEY: 0000701818 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 650430083 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13382 FILM NUMBER: 18693347 BUSINESS ADDRESS: STREET 1: 25 YORK STREET STREET 2: 17TH FLOOR CITY: TORONTO STATE: A6 ZIP: M5J 2V5 BUSINESS PHONE: 8013639152 MAIL ADDRESS: STREET 1: 25 YORK STREET STREET 2: 17TH FLOOR CITY: TORONTO STATE: A6 ZIP: M5J 2V5 FORMER COMPANY: FORMER CONFORMED NAME: PLEXUS RESOURCES CORP DATE OF NAME CHANGE: 19920703 6-K 1 tv488667_6k.htm FORM 6-K

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of March, 2018

Commission File Number: 001-13382

 

KINROSS GOLD CORPORATION

(Translation of registrant's name into English)

 

17th Floor, 25 York Street,

Toronto, Ontario M5J 2V5

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40F:

 

Form 20-F ¨ Form 40-F x

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):_____

 

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):_____

 

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes ¨ No x

 

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2b:

 

 

  

This Current Report on Form 6-K, dated March 15, 2018 is specifically incorporated by reference into Kinross Gold Corporation's Registration Statements on Form S-8 [Registration No. 333-217099, filed on April 3, 2017 and Registration Nos. 333-180824, 333-180823 and 333-180822, filed on April 19, 2012.]

  

 

 

  
  Page 2

 

This report on Form 6-K is being furnished for the sole purpose of providing a copy of the press release dated March 15, 2018 in which Kinross Gold Corporation announced the adoption of a new Shareholder Rights Plan.

  

 

INDEX 

 

 

Table of Contents

 

 

SIGNATURES

EXHIBIT INDEX

 

99.1  Press Release dated March 15, 2018

  

  
  Page 3

  

SIGNATURES

  

Pursuant to the requirements of Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  KINROSS GOLD CORPORATION
   
   
  Signed: //Kathleen M. Grandy//
  Vice President, Assistant General Counsel and Corporate Secretary

  

March 15, 2018

 

  

 

 

EX-99.1 2 tv488667_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

 

Kinross Gold Corporation

 

25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

 

  

NEWS RELEASE 

 

Kinross adopts new shareholder rights plan

 

 

  

Toronto, Ontario March 15, 2018 – Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross”) announced today that it has adopted a new shareholder rights plan (the “New Plan”) to take effect on March 29, 2018. The New Plan will replace the current shareholder rights plan, which will expire on March 29, 2018.

 

The New Plan will ensure that Kinross and its shareholders continue to receive the benefits associated with the current shareholder rights plan. As with the current plan, the New Plan is designed to ensure that all Kinross shareholders have an equal opportunity to participate in a take-over bid and receive full and fair value for their Kinross common shares (the "Common Shares"). The New Plan is similar to plans recently adopted by other Canadian companies and approved by their shareholders.

 

Subject to the receipt of requisite regulatory approvals, shareholder ratification at the Annual and Special Meeting of Shareholders on May 9, 2018 and shareholder reconfirmation at Kinross’ annual shareholder meetings in 2021 and 2024, the New Plan will remain in effect until the conclusion of Kinross’ annual shareholder meeting in 2027.

 

The New Plan includes amendments that reflect changes to the legislative framework governing take-over bids in Canada that came to force in 2016. These amendments include: lengthening the minimum bid period to 105 days (from the previous 35 days); requiring that all non-exempt take-over bids meet a minimum tender requirement of more than 50% of the outstanding securities of the class subject to the bid held by independent shareholders; and, requiring a minimum ten day extension after the minimum tender requirement is met.

 

Under this new regime, a target issuer also has the ability to voluntarily reduce the minimum bid period to not less than 35 days. Additionally, the minimum bid period may be automatically reduced if the Board chooses to proceed with an alternative change of control transaction.

 

The rights issued under the New Plan will initially attach to and trade with the Common Shares and no separate certificates will be issued unless an event triggering these rights occurs. The rights will become exercisable only when a person, including any party related to it, acquires or attempts to acquire 20% or more of the outstanding Shares without complying with the "Permitted Bid" provisions of the New Plan or without approval of the Board of Directors. Should such an acquisition occur or be announced, each right would, upon exercise, entitle a rights holder, other than the acquiring person and related persons, to purchase Common Shares at a 50% discount to the market price at the time.

 

Under the New Plan, a “Permitted Bid” is a bid made to all shareholders, must be open for a minimum of 105 days (or such shorter period as is permitted under the new bid regime) and must contain certain conditions, including that no shares will be taken up and paid for unless 50% of the shares of the class subject to the bid that are held by independent shareholders are tendered to the bid.

 

A number of minor changes were also made to ensure the New Plan is aligned with industry best practices and reflects Kinross’ ability to record share ownership electronically via the Direct Registration System.

 

A material change report and a complete copy of the New Plan will be filed on SEDAR.

 

 

About Kinross Gold Corporation

 

Kinross is a Canadian-based senior gold mining company with mines and projects in the United States, Brazil, Russia, Mauritania, Chile and Ghana. Kinross’ focus is on delivering value based on the core principles of operational excellence, balance sheet strength, disciplined growth and responsible mining. Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC).

 

 

 

 

www.kinross.com

 

  
  Page 1

  

 

Kinross Gold Corporation

 

25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

 

 

Media Contact

 

Louie Diaz

Director, Corporate Communications

phone: 416-369-6469

louie.diaz@kinross.com

  

 

Investor Relations Contact

 

Tom Elliott

Senior Vice-President, Investor Relations and Corporate Development

phone: 416-365-3390

tom.elliott@kinross.com

  

 

Source: Kinross Gold Corporation

 

 

 

 

p. 2 Kinross adopts new shareholder rights plan www.kinross.com

 

  

 

GRAPHIC 3 image_001.jpg GRAPHIC begin 644 image_001.jpg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end