TORONTO, ONTARIO--(Marketwired - Aug. 11, 2017) - Kirkland Lake Gold Ltd. ("Kirkland Lake Gold" or the "Company") (TSX:KL) (OTCQX:KLGDF) is pleased to announce that the Company has received approval to list its common shares on the New York Stock Exchange (the "NYSE"). Trading of the Company's common shares will commence under the symbol "KL" on Wednesday, August 16, 2017. Prior to that date, the Company's common shares will continue to trade on the OTCQX under the symbol "KLGDF," with trading on the OTCQX to cease concurrent with the NYSE listing. In celebration of the NYSE listing, Company management will be at the NYSE to ring the opening bell on Wednesday, August 16, 2017.
Tony Makuch, President and CEO, Kirkland Lake Gold, commented: "We are listing on the NYSE at a time when our company is reporting strong growth in production, earnings and free cash flow. We also are having significant exploration success extending existing gold deposits and identifying new areas of gold mineralization at our Macassa and Taylor mines in Canada and our Fosterville mine in Australia. Given the progress being achieved, we believe it is the right time to list on the NYSE and to increase our marketing efforts in the United States."
John Tuttle, Head of Global Listings, NYSE, commented: "We are excited to welcome Kirkland Lake Gold to the NYSE, where the Company will join some of the world's prominent gold producers. We are also pleased to provide Kirkland Lake Gold with all the benefits of our market model and unparalleled brand platform."
About Kirkland Lake Gold Ltd.
Kirkland Lake Gold Ltd. is a mid-tier gold producer with 2017 target production of 570,000 to 590,000 ounces from mines in Canada and Australia. The production profile of the company is anchored from two high-grade, low-cost operations, including the Macassa Mine located in northeastern 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 and operational expertise.
