Thanks Jerry but I don't really understand that response... Again all the more reason for SGX to have included this is the official closing NR. Kinross announces very small investments in juniors frequently. Just yesterday they announced a $120K investment in BCGold (see below)... and 8.6% stake in SGX is not worthy of a press release? Makes no sense.

red911

Kinross subscribes for two million units of BCGold

2009-08-10 18:35 ET - News Release

Mr. Steve Mitchell reports

KINROSS ANNOUNCES INVESTMENT IN BCGOLD CORP.

Kinross Gold Corp. has subscribed for two million units of BCGold Corp. pursuant to a non-brokered private placement. Each unit consists of one common share and one-half of one common share purchase warrant. Each warrant allows the holder to purchase one common share at an exercise price of 12 cents for a period of 12 months following the closing of the private placement. After giving effect to the private placement, Kinross will hold 6,025,000 common shares and 1,512,500 common share purchase warrants of BCGold, constituting approximately 16 per cent of its issued and outstanding common shares. The subscription price for the units is six cents per unit for an aggregate purchase price of $120,000.

The investment in BCGold is part of Kinross's strategy to maximize exposure to new prospects and experienced explorationists at a relatively small capital investment by partnering with promising junior companies on a select basis.