Please login or register to join our webinar.

E-mail address:
Password:
Forgot your password?
Log in
REGISTRATION
Home > Mining Companies > Kirkland Lake Gold Ltd. > News > Kirkland Lake Gold...
Kirkland Lake Gold Ltd.

Kirkland Lake Gold Introduces Automatic Share Purchase Plan

Jun 21, 2021
TORONTO, June 21, 2021 (GLOBE NEWSWIRE) -- Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that it has entered into an automatic share purchase plan (the “ASPP”) with its designated broker to facilitate repurchases of Kirkland Lake Gold’s common shares (the “Shares”) under its previously announced normal course issuer bid (“NCIB”). The ASPP is intended to allow for the purchase of Shares under the NCIB at times when the Company may not ordinarily be permitted to purchase its shares due to regulatory restrictions and self-imposed blackout periods.
 
Under the current terms of the NCIB previously announced which commenced June 9, 2021, Kirkland Lake Gold can purchase up to 26,694,051 Shares until the expiry of the NCIB on June 8, 2022.
 
Pursuant to the ASPP, the designated broker may purchase up to 5,000,000 Shares until the expiry of the NCIB on June 8, 2022. Such purchases will be determined by the broker at its sole discretion based on the purchasing parameters set out by the Company in accordance with the rules of the Toronto Stock Exchange (the “TSX”), applicable securities laws and the terms of the ASPP. The ASPP has been pre-cleared by the TSX and shall be implemented effective today, June 21, 2021. The ASPP will terminate on the earlier of the date on which: (i) the NCIB expires; and (ii) the Company terminates the ASPP in accordance with its terms.
 
Outside of the ASPP, Shares may continue to be purchased under the NCIB based on management’s discretion, in compliance with the rules of the TSX and applicable securities laws. All purchases made under the ASPP will be included in the number of Shares available for purchase and cancellation under the NCIB.
 
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.
 

Source: https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Introduces-Automatic-Share-Purchase-Plan/default.aspx

Latest news
Kirkland Lake Gold Introduces Automatic Share Purchase Plan
Kirkland Lake Gold Declares Quarterly Dividend Payment
Kirkland Lake Gold Renews Normal Course Issuer Bid
Kirkland Lake Announces Results Of Annual General Meeting Of Shareholders
Kirkland Lake Gold Reports Solid Q1 2021 Results
View More News
Magazine
May 18, 2020
Magazine
Inside this issue
Digital edition
Career Opportunities
ASSET PROTECTION CONTROL ROOM GUARD

Based at the Detour Lake Mine site, we currently have an exciting opportunity for a Asset Protection Control Room Guard to join our Asset Protection team reporting to the Asset Protection Supervisor.  
SHAREPOINT DEVELOPER

We currently have an exciting opportunity for a SharePoint Developer to join our Business Intelligence Team. 
MINE PLANNING TECHNICIAN TRAINEE

Based at the Detour Lake Mine site, we currently have an exciting opportunity for a Mine Planning Technician Trainee to join our Technical Services team reporting to the Mine Planning Superintendent. 
SENIOR MINE GEOLOGIST

Based at the Canadian Operations Centre in Timmins, ON, we currently have an exciting opportunity for a Senior Mine Geologist to join our Geology team reporting to the Geology Superintendent.  
PROCESS PLANT RELIABILITY ENGINEER

Based at the Detour Lake Mine site, we currently have an exciting opportunity for a Process Plant Reliability Engineer to join our Process Plant Maintenance team reporting to the Reliability Supervisor.
CORE TECHNICIAN

The Core Technician will be responsible to support the Geology departments by processing and sampling/cutting of diamond drill core. 
ASSAYER 1

The Assayer 1 processes Mine Production and Exploration samples for grade control providing vital information in a timely method to assist in key decision making relating to mining/geology activity and reconciling samples entering and exiting the Mill Process.
MINE PLANNER/EIT

The Mine Planner/EIT will be responsible for mine planning within the 3 - 6 month planning interval. 
ASSAYER 2

The Assayer 2 processes Mine Production and Exploration samples for grade control providing vital information in a timely method to assist in key decision making relating to mining/geology activity and reconciling samples entering and exiting the Mill Process.
ASSAYER 3

The Assayer 3 processes Mine Production and Exploration samples for grade control providing vital information in a timely method to assist in key decision making relating to mining/geology activity and reconciling samples entering and exiting the Mill Process.
More Careers