MAY 17 2018
TORONTO, May 17, 2018 (GLOBE NEWSWIRE) --
Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL)
(NYSE:KL) (ASX:KLA) is pleased to announce that it has received
acceptance from the Toronto Stock Exchange (the “TSX”) to renew its
normal course issuer bid (“NCIB”).
The NCIB allows Kirkland Lake Gold to purchase up to 16,456,561 common
shares of the Company (the “Shares”), representing 10% of the current
issued and outstanding Shares in the public float as of May 15, 2018.
As at May 15, 2018, the Company had 211,199,478 Shares issued and
outstanding.
Purchases of the Common Shares pursuant to the NCIB may be made through
the facilities of the TSX and/or alternative Canadian trading systems,
commencing on May 22, 2018 and ending on May 21, 2019, or such earlier
time as the NCIB is completed or terminated by the Company.
Any purchases made pursuant to the NCIB will be made in accordance with
the rules of the TSX and will be made at market price at the time of
purchase.
http://www.klgold.com/news-and-media/news-releases/press-release-details/2018/Kirkland-Lake-Gold-Renews-Normal-Course-Issuer-Bid/default.aspx
The average daily trading volume for the six months’ period ended April 30, 2018, less prior NCIB purchases made on the TSX, was 799,839. Under the renewed NCIB, the maximum number of securities that the Company may purchase on a daily basis, other than block purchase exemptions, are 199,959 Common Shares. The actual number of Common Shares purchased for cancellation and the timing of such purchase will be determined by the Company. There cannot be any assurance as to how many Common Shares will ultimately be purchased for cancellation under the NCIB.
The Board of Directors of Kirkland Lake Gold has determined that the repurchase of Common Shares pursuant to the proposed NCIB presently constitutes an appropriate use of financial resources and would be in the best interest of Kirkland Lake Gold shareholders.
Under the previous NCIB, the Company sought and received approval from the TSX to purchase up to 15,186,571 Shares for the period of May 17, 2017 to May 16, 2018. The Company purchased 5,512,800 Shares pursuant to the previous NCIB in the last twelve months at an average price of C$14.12 per Share on the TSX and alternates.
About Kirkland Lake Gold Ltd.
Kirkland Lake Gold Ltd. is a mid-tier gold producer that in 2018 is targeting over 620,000 ounces of gold production from mines in Canada and Australia. The production profile of the company is anchored from two high-grade, low-cost operations, including the Macassa Mine located in Northeastern Ontario and the Fosterville Mine located in the state of Victoria, Australia. Kirkland Lake Gold's solid base of quality assets is complemented by district scale exploration potential, supported by a strong financial position with extensive management and operational expertise.
Cautionary Note Regarding Forward-Looking Information
This press release contains statements which constitute "forward-looking information" ---- regarding the proposed timing associated with the NCIB and the anticipated effects thereof.
Investors are cautioned that forward-looking information is ------- to update this forward-looking information except as otherwise required by applicable law.
FOR FURTHER INFORMATION PLEASE CONTACT
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884, E-mail: tmakuch@klgold.com
Mark Utting, Vice-President, Investor Relations
Phone: +1 416-840-7884, E-mail: mutting@klgold.com
Primary Logo
http://www.klgold.com/news-and-media/news-releases/press-release-details/2018/Kirkland-Lake-Gold-Renews-Normal-Course-Issuer-Bid/default.aspx
Source: Kirkland Lake Gold Ltd.
Kirkland Lake Gold Announces Results of Annual General Meeting of Shareholders
MAY 03 2018
http://www.klgold.com/news-and-media/news-releases/press-release-details/2018/Kirkland-Lake-Gold-Announces-Results-of-Annual-General-Meeting-of-Shareholders/default.aspx
Kirkland Lake looks towards Australian Union Reefs revival; visible gold near Fosterville -
1ST MAY 2018
BY: HENRY LAZENBY
CREAMER MEDIA DEPUTY EDITOR: NORTH AMERICA
http://www.miningweekly.com/article/kirkland-lake-looks-towards-australian-union-reefs-revival-visible-gold-near-fosterville-2018-05-01
I agree, Yep, it's a great gold investment I've made in a LONG time. We are definitely heading MUCH higher, imo!
Kirkland Lake Gold Ltd. - INVESTOR PRESENTATION -
http://www.klgold.com/investors/investor-presentation/default.aspx
Kirkland Lake Gold (TSX:KL) (KL.TO) Chart weekly TA Very Strong LT Bull Run -
Kirkland Lake Gold Announces Significant Expansion of Lantern Deposit at Cosmo Mine -
DEC 19 2017
http://www.klgold.com/news-and-media/news-releases/press-release-details/2017/Kirkland-Lake-Gold-Announces-Significant-Expansion-of-Lantern-Deposit-at-Cosmo-Mine/default.aspx
Kirkland Lake Gold Reports Continued Exploration Success at Taylor Mine and Intersects New High-Grade Gold Zone -
DEC 18 2017
http://www.klgold.com/news-and-media/news-releases/press-release-details/2017/Kirkland-Lake-Gold-Reports-Continued-Exploration-Success-at-Taylor-Mine-and-Intersects-New-High-Grade-Gold-Zone/default.aspx
Kirkland Lake Gold Declares $0.02 Per Share Quarterly Dividend Payment -
DEC 15 2017
http://www.klgold.com/news-and-media/news-releases/press-release-details/2017/Kirkland-Lake-Gold-Declares-002-Per-Share-Quarterly-Dividend-Payment/default.aspx
Kirkland Lake Gold (TSX:KL) NEWS RELEASES
Kirkland Lake Gold Completes Acquisition of Securities of Novo Resources Corp.
SEP 06 2017
http://www.klgold.com/news-and-media/news-releases/press-release-details/2017/Kirkland-Lake-Gold-Completes-Acquisition-of-Securities-of-Novo-Resources-Corp/default.aspx
http://www.novoresources.com/
http://www.novoresources.com/projects/pilbara/
http://www.klgold.com/news-and-media/news-releases/default.aspx
Kirkland Lake Gold is a mid-tier gold producer targeting 570,000 –
590,000 ounces of gold production in 2017 from mines in Canada and
Australia.
Kirkland Lake Gold's solid base of quality assets is complemented by
district scale exploration potential, supported by a strong financial
position with extensive management and operational expertise.
http://s21.q4cdn.com/967674075/files/doc_presentations/2017/09/PMSSeptember152017v2.pdf
http://www.klgold.com/home/default.aspx
In GOD We Trust -
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
- God Bless
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