Sumitomo and Centerra take up rights to maintain Kenorland stakes
Kenorland issued 45,794 shares to the two investors and reported gross proceeds of $114,393.41.
Event / data period: 2026-10-02
Published: · Updated:
Kenorland Minerals said on October 2 that Sumitomo Metal Mining Canada and Centerra Gold exercised top-up rights to maintain respective stakes of 10.1% and 9.9%. Kenorland issued a total of 45,794 new shares to the two investors.
The shares were priced at $2.498 each for gross proceeds of $114,393.41. Sumitomo is a related party because it owns more than 10% of Kenorland; the company said it relied on exemptions from formal valuation and minority shareholder approval requirements under Canadian securities rules.
Data
Shares issued to maintain investor ownership stakes
Total new shares issued to Sumitomo and Centerra after exercise of their top-up rights.
- New shares issued under the top-up rights
- 45,794 count
- 2026-10-02 · Observed
Methodology
The source reports 45,794 shares in total and target stakes of 10.1% and 9.9%. This block records the issuance count only; no currency conversion is made.
Updated:
Subjects and places
Subject proposals
- Economy, business and financeSuggested
- Preserved editorial category/topic; broad candidate onlywww.kenorlandminerals.com ↗
Geographic references
Only source-provided geographic references are shown. Opening an external map is optional. Optional story maps use OpenStreetMap. Opening a map sends your IP address and this site’s address to the map provider; location data remains readable as text without loading the map.
- Canada · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.kenorlandminerals.com ↗