AI
KL would be a good partner to Core Gold: Kirkland Lake jumps on the gold deal-making wagon with online assessment tool
Cecilia Jamasmie | June 25, 2019 | 9:15 am
Intelligence Markets Australia Canada Latin America USA Gold
Kirkland Lake jumps on the gold deal-making wagon with online
assessment tool
Cosmo mine is located in the Northern Territory, Australia,
historically an important gold mining centre.
(Image courtesy of Kirkland Lake Gold)
Canada’s Kirkland Lake Gold (TSX, NYSE: KL) is taking advantage of the
deal making boom in the global bullion sector by launching an online
tool to help attract, assess and refine investment opportunities.
The new corporate development initiative, named KL Gold Deal Room, was
created with the collaboration of technology firm VRIFY.
The miner has outlined a set of criteria to evaluate assets that may
have the potential to complement its growth strategy.
Kirkland Lake said it would consider possible strategic investments,
joint ventures and merger and acquisitions (M&A) opportunities.
“Using the KL Gold Deal Room, companies with assets that require
capital, and meet these criteria, are invited to make online
submissions to the KL Gold Deal Room using one standardized format that
can be accessed anywhere, anytime,” it said in a statement.
THE MINER HAS LAUNCHED THE KL GOLD DEAL ROOM, AN ONLINE TOOL TO HELP
ATTRACT, ASSESS AND REFINE INVESTMENT OPPORTUNITIES
“We believe informed decisions are better decisions, and by utilizing
VRIFY Deal Room, Kirkland Lake Gold will be one of the most informed
companies in the world,” Stephen de Jong, the founder, president and
CEO of VRIFY said.
“We are looking to grow shareholder value by investing in new, high-
quality gold projects that, with the benefit of our capital and
expertise, have the potential to become world-class mining operations,”
noted Tony Makuch, president and CEO of Kirkland Lake Gold.
Kirkland said it would be interested in all sorts of gold projects,
including those with by-products in a variety of jurisdictions, such as
Canada, Australia, Europe, New Zealand and Latin America.
The news come at a time gold prices have climbed past $1,400 an ounce
for the first time since 2013 following the US Federal Reserve comments
on getting ready to decrease interest rates.
It also coincides with fresh geopolitical tensions triggered by an
escalating military strike between the US and Iran, which has helped
nudge investors into gold, with the precious metal poised to mark its
highest finish in more than six years on Tuesday.
Analysts, including Citigroup Inc., see gold hitting $1,500 to $1,600 in
the next 12 months under a bullish-case scenario.
Learn more about the Deal Room in this video:
https://www.mining.com/kirkland-lake-jumps-on-the-gold-deal-making-wagon-with-online-assessment-tool/
VRIFY Deal Room from VRIFY Technology, Inc. on Vimeo.
God Bless
Cecilia Jamasmie | June 25, 2019 | 9:15 am
Intelligence Markets Australia Canada Latin America USA Gold
Kirkland Lake jumps on the gold deal-making wagon with online
assessment tool
Cosmo mine is located in the Northern Territory, Australia,
historically an important gold mining centre.
(Image courtesy of Kirkland Lake Gold)
Canada’s Kirkland Lake Gold (TSX, NYSE: KL) is taking advantage of the
deal making boom in the global bullion sector by launching an online
tool to help attract, assess and refine investment opportunities.
The new corporate development initiative, named KL Gold Deal Room, was
created with the collaboration of technology firm VRIFY.
The miner has outlined a set of criteria to evaluate assets that may
have the potential to complement its growth strategy.
Kirkland Lake said it would consider possible strategic investments,
joint ventures and merger and acquisitions (M&A) opportunities.
“Using the KL Gold Deal Room, companies with assets that require
capital, and meet these criteria, are invited to make online
submissions to the KL Gold Deal Room using one standardized format that
can be accessed anywhere, anytime,” it said in a statement.
THE MINER HAS LAUNCHED THE KL GOLD DEAL ROOM, AN ONLINE TOOL TO HELP
ATTRACT, ASSESS AND REFINE INVESTMENT OPPORTUNITIES
“We believe informed decisions are better decisions, and by utilizing
VRIFY Deal Room, Kirkland Lake Gold will be one of the most informed
companies in the world,” Stephen de Jong, the founder, president and
CEO of VRIFY said.
“We are looking to grow shareholder value by investing in new, high-
quality gold projects that, with the benefit of our capital and
expertise, have the potential to become world-class mining operations,”
noted Tony Makuch, president and CEO of Kirkland Lake Gold.
Kirkland said it would be interested in all sorts of gold projects,
including those with by-products in a variety of jurisdictions, such as
Canada, Australia, Europe, New Zealand and Latin America.
The news come at a time gold prices have climbed past $1,400 an ounce
for the first time since 2013 following the US Federal Reserve comments
on getting ready to decrease interest rates.
It also coincides with fresh geopolitical tensions triggered by an
escalating military strike between the US and Iran, which has helped
nudge investors into gold, with the precious metal poised to mark its
highest finish in more than six years on Tuesday.
Analysts, including Citigroup Inc., see gold hitting $1,500 to $1,600 in
the next 12 months under a bullish-case scenario.
Learn more about the Deal Room in this video:
https://www.mining.com/kirkland-lake-jumps-on-the-gold-deal-making-wagon-with-online-assessment-tool/
VRIFY Deal Room from VRIFY Technology, Inc. on Vimeo.
God Bless
My opinions are my own and and DD I post should be confirmed as unbiased
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