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Gold Fields: Have Made 3 Proposals to Kirkland Lake November
Gold Fields: Have Made 3 Proposals to Kirkland Lake
November 14, 2016, 02:03:00 AM EDT By Dow Jones Business News




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By Ian Walker

Gold Fields Ltd. (GFI.JO) confirmed Monday that it, together with Silver Standard Resources Inc. (SSO.T), has made three proposals to Kirkland Lake Gold Inc. (KLG.T) to buy the outstanding shares in Kirkland for 1.44 billion Canadian Dollars ($1.06 billion).

Gold Fields said Kirkland won't enter talks with it or Silver Standard, or provide them with due dilligence access, as it believes a higher offer than that made by Newmarket Gold Inc. (NMI.T) won't be made.

(END) Dow Jones Newswires 11-14-160203ET Copyright (c) 2016 Dow Jones & Company, Inc.



This article appears in: Commodities

Referenced Symbols: GFI , GFI , NEWS , ON



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Gold Fields: Have Made 3 Proposals to Kirkland Lake



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