TORONTO, June 07, 2021 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) is pleased to announce that it has received acceptance from the Toronto Stock Exchange (the “TSX”) to renew its normal course issuer bid (“NCIB”). The NCIB allows Kirkland Lake Gold to purchase up to 26,694,051 common shares of the Company (the “Shares”), representing 10% of the public float as of June 4, 2021. As at June 4, 2021, the Company had 267,082,874 Shares issued and outstanding.
Purchases of the Common Shares pursuant to the NCIB may be made through the facilities of the TSX and/or alternative Canadian trading systems, commencing on June 9, 2021 and ending on June 8, 2022, or such earlier time as the NCIB is…