Home > Mining Companies > Detour Gold Corporation > News > Kirkland Lake Gold...
Detour Gold Corporation

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/default.aspx

SHAREPOINT DEVELOPER

We currently have an exciting opportunity for a SharePoint Developer to join our Business Intelligence Team. The SharePoint Developer will create and develop a business-changing Company SharePoint website.

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.
IT SUPPORT ANALYST

Based at the Corporate Office in Toronto, ON, we currently have an exciting opportunity for an IT Support Analyst to join our Business Intelligence division reporting to the VP, Business Intelligence.

PROCESS PLANT MAINTENANCE ELECTRICIAN

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

HAUL TRUCK OPERATOR

Based at the Detour Lake Mine site, we currently have an exciting opportunity for a Haul Truck Operator to join our Mine Operations team reporting to the Mine Supervisor.

MANAGER, IT OPERATIONS CANADA

Based at the Canadian Operations Centre in Timmins, ON, we currently have an exciting opportunity for a Manager, IT Operations Canada to join our Business Intelligence Team reporting to the VP, Business Intelligence.

EXPLORATION COORDINATOR

Based at the Detour Lake Mine site, we currently have an exciting opportunity for a Exploration Coordinator to join our Exploration team, reporting to the Exploration Superintendent.

MANAGER, FP&A AND REPORTING

Based at the Toronto Corporate Office, we currently have an exciting opportunity for a Manager, FP&A and Reporting to join our finance team, reporting to the Corporate Controller.