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Kirkland Lake Gold Reminds Convertible Debenture Holders of December 15, 2017 Conversion Deadline

KIRKLAND LAKE GOLD LTD (KL)  More Company Research Source: GlobeNewswire
US:NYSE Investor Relations: klgold.com/investors/default.aspx
PDF TORONTO, Dec. 06, 2017 (GLOBE NEWSWIRE) -- Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) reminds holders of the C$61,969,000 principal aggregate amount of 7.5% unsecured convertible debentures (CUSIP 49740PAC0 and ISIN 49740PAC01) (the “Debentures”) of its wholly-owned subsidiary, Kirkland Lake Gold Inc., that the Debentures may be converted, at the option of the holder, into common shares of the Company by providing notice at any time prior to 4:00 p.m. (Toronto time) on December 15, 2017 (the “Conversion Expiry Time”). With the exercise of the right to convert prior to the Conversion Expiry Time, the Debentures will be converted at a price of C$13.70 per share, being a conversion rate of 72.9927 common shares for each C$1,000 principal amount of Debentures. Debenture holders who wish to exercise their conversion right should ensure their conversion notices are received by CDS Clearing and Depository Services Inc., through their respec [Read more]

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