Core Viewpoint - Kinross Gold Corporation has amended its share purchase agreement with Asante Gold Corporation, which includes a cash payment of US$55 million and the acquisition of shares and a convertible debenture, potentially increasing Kinross's ownership in Asante to a maximum of 18% on a partially diluted basis [1][2][3]. Group 1: Transaction Details - The transaction involves Kinross acquiring 36,927,650 common shares of Asante at a price of C$1.45 per share and a convertible debenture convertible into shares at a price of C$1.81 per share for a period of five years [8]. - Kinross currently holds approximately 6.0% of Asante's issued shares on a non-diluted basis and 6.9% on a partially diluted basis, which will increase to approximately 9.5% on a non-diluted basis and up to 18% on a partially diluted basis post-transaction [3][4]. - If the transaction were to close immediately, Kinross would own approximately 17.3% of Asante's outstanding shares on a partially diluted basis [4]. Group 2: Regulatory and Advisory Information - Kinross has acquired beneficial ownership of more than 10% of Asante's outstanding shares, necessitating the issuance of a press release and an early warning report as per Canadian securities laws [5]. - INFOR Financial Inc. acted as the financial advisor and Osler, Hoskin & Harcourt LLP served as the legal advisor to Kinross regarding the purchase agreement and related negotiations [9]. Group 3: Company Overview - Kinross Gold Corporation is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada, focusing on responsible mining and operational excellence [10].

Core Insights - Kellanova reported Q2 2025 organic net sales of $3,202 million, slightly exceeding analyst expectations of $3,188 million, reflecting a year-over-year increase of 0.3% [1][2] - Adjusted earnings per share (EPS) were $0.94, falling short of the expected $0.99 and representing a 6.9% decline from the previous year [1][2] - The company is focusing on growth in emerging markets and maintaining cost discipline, although it faces challenges in North America and Europe [1][4] Financial Performance - Revenue (GAAP) for Q2 2025 was $3.20 billion, a 0.3% increase from $3.19 billion in Q2 2024 [2] - Adjusted operating profit (Non-GAAP) decreased by 5.0% to $477 million from $502 million in the prior year [2][5] - Free cash flow for the year-to-date period turned negative at ($39 million), compared to $443 million generated in the same period last year [2][8] Regional Performance - North America saw organic net sales and sales volumes decline by 3.8% year over year, with adjusted operating profit down 5.6% [6] - Europe experienced a 5.1% drop in organic net sales and a 9.3% decrease in adjusted operating profit, attributed to order disruptions [6] - The AMEA region reported a significant 18.7% increase in organic net sales, driven by strong demand for noodles, particularly in Africa [7] Strategic Focus - Kellanova has completed the separation of its North America cereal business, allowing a shift in focus to global snacks and convenience foods [4] - The company is planning a merger with Mars, Inc., which is expected to influence its strategic direction [4][9] - Management emphasizes the importance of brand strength, international expansion, and efficient supply chain operations to navigate ongoing industry pressures [4][9]

Company Performance - Kellanova reported quarterly earnings of $0.94 per share, missing the Zacks Consensus Estimate of $0.99 per share, and down from $1.01 per share a year ago, representing an earnings surprise of -5.05% [1] - The company posted revenues of $3.2 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.80%, but slightly down from year-ago revenues of $3.19 billion [2] - Over the last four quarters, Kellanova has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Outlook - Kellanova shares have lost about 1.5% since the beginning of the year, while the S&P 500 has gained 8.2% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $0.89 on revenues of $3.26 billion, and for the current fiscal year, it is $3.75 on revenues of $12.77 billion [7] Industry Context - The Consumer Products - Discretionary industry, to which Kellanova belongs, is currently in the top 29% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Kellanova's stock performance [5] - The Zacks Rank for Kellanova is currently 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6]

Exhibit 99.1 Kellanova Financial News Release Analyst Contact: John Renwick, CFA (269) 961-9050 Media Contact: Kris Bahner, (269) 961-3799 Kellanova Reports Second Quarter Results Chicago, Ill. – July 31, 2025 – Kellanova (NYSE: K) today announced results for its second quarter of 2025. Pending Transaction: As announced on August 14, 2024, Mars, Incorporated, a family-owned, global leader in pet care, snacking, and food, and Kellanova, a leading company in global snacking, international cereal and noodles, ...

Robust margins drive record free cash flow of over $600 millionOn track for $650 million in return of capital to shareholders in 2025Development projects advancing on plan TORONTO, July 30, 2025 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross” or the “Company”) today announced its results for the second quarter ended June 30, 2025.This news release contains forward-looking information about expected future events and financial and operating performance of the Company. We refer to ...

Core Viewpoint - Kinross Gold Corporation has sold all of its common shares in White Gold Corp, totaling 23,681,160 shares, which represents approximately 12% of White Gold's outstanding shares, for an aggregate sale price of CAD 6,869,905.51 at an average price of CAD 0.29 per share [1]. Company Summary - Kinross Gold Corporation is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada, focusing on responsible mining, operational excellence, disciplined growth, and balance sheet strength [3]. - Kinross is listed on the Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC) [3]. Additional Information - An early warning report related to the investment is available on White Gold's profile on SEDAR+ [2]. - Kinross's head office is located in Toronto, Ontario, while White Gold's head office is also in Toronto, Ontario [2]. - Media and investor relations contacts are provided for further inquiries [4].

Group 1 - Kellanova declared a dividend of $0.58 per share, marking a one cent increase from the previous quarterly rate, with payment scheduled for September 15, 2025 [1] - This dividend declaration represents the 403rd dividend paid by Kellanova since its inception in 1925 [1] Group 2 - Kellanova is a leader in global snacking, international cereal and noodles, and North America frozen foods, with net sales of approximately $13 billion for 2024 [2] - The company aims to become the world's best-performing snacks-led powerhouse, leveraging its differentiated brands [2] Group 3 - Kellanova's purpose is to create better days and ensure equitable food access, targeting to positively impact 4 billion people by the end of 2030 [3] - The company is committed to addressing hunger, sustainability, wellbeing, and equity, diversity & inclusion [3]

Core Viewpoint - The market anticipates Kellanova (K) will report a year-over-year decline in earnings due to lower revenues for the quarter ended June 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Kellanova is expected to post quarterly earnings of $0.99 per share, reflecting a year-over-year decrease of 2% [3]. - Revenues are projected to be $3.18 billion, down 0.4% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 1.33% lower in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Kellanova is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -5.19% [12]. Earnings Surprise Prediction - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. - Kellanova currently holds a Zacks Rank of 4, making it challenging to predict an earnings beat [12]. Historical Performance - In the last reported quarter, Kellanova was expected to earn $0.98 per share but only achieved $0.90, resulting in a surprise of -8.16% [13]. - Over the past four quarters, Kellanova has beaten consensus EPS estimates three times [14]. Conclusion - Kellanova does not appear to be a compelling candidate for an earnings beat, and investors should consider other factors when making decisions regarding the stock ahead of its earnings release [17].

Kellanova said it’s on track to remove synthetic food dyes from its retail foods by 2028, following similar moves from other packaged-food companies as the Trump’s administration pressures the industry to remove the additives https://t.co/YKtEZBwGAI ...

Acquisition & Strategy - Ferrero 以 31 亿美元的价格收购 Kellogg，标志着该公司财富的转变 [1] - 该公司的财富与含糖零食密切相关 [1]