10:03 AM EST - Kinross Gold Corp. : announced that, further to Kinross' press release dated March 11, it has entered into support agreement with Underworld Resources Inc. Pursuant to deal, for each Common Share of Underworld, Kinross will offer 0.141 of a Kinross common share, plus $0.01 in cash. In addition, Underworld's directors and senior management have entered into lock-up agreements with Kinross pursuant to which they have agreed to tender their Common Shares to the offer. Kinross Gold Corp.
shares T.K are trading up $0.28 at $18.25.