Kirkland Lake Gold Announces Suspension of Automatic Share Purchase Plan
29 Septembre 2021 - 12:13PM
Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or
the “
Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today
reported that, following the announcement of a merger of equals
agreement with Agnico Eagle Mines Limited, the Company has
suspended its automatic share purchase plan (“ASPP”) effective
today, September 28, 2021.
The ASPP was launched on June 21, 2021 in
connection with the Company’s normal course issuer bid (“NCIB”) to
allow for share purchases that would not be subject to black-out
periods or other restrictions. The current NCIB remains in effect
on the same terms and conditions as previously disclosed. Under the
current NCIB, the Company can purchase up to 26,694,051 common
shares until the expiry of the NCIB on June 8, 2022. A total of
3,392,100 common shares have been repurchased to date through the
current NCIB, all of which were acquired through the ASPP. Except
as set out in this press release, the Company is not aware of any
material undisclosed information about its business or its
securities.
About Kirkland Lake Gold
Ltd.
Kirkland Lake Gold Ltd. is a senior gold
producer operating in Canada and Australia that is targeting
1,300,000 – 1,400,000 ounces of production in 2021. The production
profile of the Company is anchored by three high-quality
operations, including the Macassa Mine and Detour Lake Mine, both
located in Northern 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 expertise.
For further information on Kirkland Lake Gold
and to receive news releases by email, visit the website at
www.kl.gold.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Anthony Makuch, President, Chief Executive Officer &
Director Phone: +1 416-840-7884E-mail: tmakuch@kl.gold
Mark Utting, Senior Vice President, Investor Relations Phone: +1
416-840-7884E-mail: mutting@kl.gold Website : www.kl.gold
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