On December 3, 2020, Kirkland Lake Gold Ltd. (TSX:KL; NYSE:KL; ASX:KLA) (“Kirkland Lake Gold”) announced the completion of its 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 for proceeds of $45,202,500. The Shares and Warrants were sold through Stifel GMP and Clarus Securities Inc.
Kirkland Lake Gold Ltd. is a growing gold producer operating in Canada and Australia.
Miller Thomson advised Stifel GMP and Clarus Securities Inc. in this transaction with a team led by Lawrence Wilder (Capital Markets & Securities), and comprised of Adam Kline and Abid Ahmed (Capital Markets & Securities).
