Image Source: AsiaOne
Kirkland Lake Gold Announces Closing of Sale of Novo Shares and WarrantsGlobeNewswireDecember 03, 2020THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced it has closed its previously announced sale of 18,450,000 common shares (each, a “Share”) of Novo Resources Corp. (“Novo”) and 9,225,000 warrants of Kirkland Lake Gold (each, a “Warrant”) to purchase Shares to qualified purchasers for gross proceeds to Kirkland Lake Gold in the amount of $45,202,500 (the “Sale Transaction”). The Shares and Warrants were sold through Stifel GMP and Clarus Securities Inc.
Source: AsiaOne