TORONTO, Sept. 17, 2018 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) is admiring to advertise that a anniversary allotment acquittal of CAD$0.03 per accepted allotment will be paid on October 12, 2018 to shareholders of almanac as of the aing of business on September 28, 2018. The acquittal represents the sixth anniversary allotment acquittal fabricated to shareholders afterward the Company’s acceptance of a allotment action in March 2017. The Company’s anniversary allotment qualifies as an “eligible dividend” for Canadian assets tax purposes.
In addition, the Aggregation is admiring to advertise that, during the third division of 2018, it has purchased a absolute of 1,570,600 accepted shares for abandoning pursuant to its accustomed advance issuer bid (“NCIB”). The accepted shares were repurchased at an boilerplate amount of CAD$24.77 per allotment for a absolute accumulated amount of CAD$38.9 million.
About Kirkland Lake Gold Ltd.
Kirkland Lake Gold Ltd. is a mid-tier gold ambassador that in 2018 is targeting over 635,000 ounces of gold assembly from mines in Canada and Australia. The assembly contour of the aggregation is anchored from two high-grade, bargain operations, including the Macassa Mine amid in Northeastern Ontario and the Fosterville Mine amid in the accompaniment of Victoria, Australia. Kirkland Lake Gold’s solid abject of affection assets is complemented by commune calibration ysis potential, accurate by a able banking position with all-encompassing administration and operational expertise.
Cautionary Note Apropos Forward-Looking Advice
This columnist absolution contains statements which aggregate “forward-looking information” aural the acceptation of applicative balance laws, including statements apropos the plans, intentions, behavior and accepted expectations of Kirkland Lake Gold with account to approaching business activities and operating performance. Advanced advice is generally articular by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or agnate expressions and, in this columnist release, accommodate advice apropos planned allotment payments and the administration of the Company’s allotment policy. The acknowledgment and acquittal of assets charcoal at the acumen of the Board of Directors and will depend on the Company’s banking results, banknote requirements, approaching affairs and added factors accounted accordant by the Board.
Investors are cautioned that advanced advice is not based on absolute facts but instead reflect the Company’s management’s expectations, estimates or projections apropos approaching after-effects or contest based on the opinions, assumptions and estimates of administration advised reasonable at the date the statements are made. Although Kirkland Lake Gold believes that the expectations reflected in such advanced advice are reasonable, such advice involves risks and uncertainties, and disproportionate assurance should not be placed on such information, as alien or capricious factors could accept absolute adverse furnishings on approaching results, achievement or achievements of the Company. Among the key factors that could account absolute after-effects to alter materially from those projected in the advanced advice are the following: the approaching development of the Canadian and Australian operations; the abeyant advancing anniversary access in production; approaching ysis activities; changes in accepted economic, business and political conditions, including changes in the banking markets; changes in applicative laws; and acquiescence with all-encompassing government regulation. This advanced advice may be afflicted by risks and uncertainties in the business of Kirkland Lake Gold and bazaar conditions. This advice is able in its absoluteness by cautionary statements and accident agency acknowledgment independent in filings fabricated by Kirkland Lake Gold, including Kirkland Lake Gold’s anniversary advice anatomy anachronous December 31, 2017 and the anniversary circumscribed banking statements and accompanying MD&A for the aeon concluded June 30, 2018, which are filed with the balance authoritative authorities in assertive ambit of Canada and accessible at www.sedar.com.
Should one or added of these risks or uncertainties materialize, or should assumptions basal the advanced advice prove incorrect, absolute after-effects may alter materially from those declared herein as intended, planned, anticipated, believed, estimated or expected. Although Kirkland Lake Gold has attempted to yze important risks, uncertainties and factors which could account absolute after-effects to alter materially, there may be others that account after-effects not to be as anticipated, estimated or intended. Kirkland Lake Gold does not intend, and do not accept any obligation, to amend this advanced advice except as contrarily appropriate by applicative law.
For added information, amuse contact:
Anthony Makuch, President, Chief Executive Officer & DirectorPhone: 1 416-840-7884E-mail: [email protected]
Mark Utting, Vice President, Investor RelationsPhone: 1 416-840-7884E-mail: [email protected] Website : www.klgold.com
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