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CEO and officer buying at Kirkland Lake Gold (T:KL)

Updated Monday Dec 02, 2019 03:40 AM EDT

Anthony Paul Makuch, CEO and Director, acquired 8,099 Common Shares on a direct ownership basis at prices ranging from $55.570 to $55.655 on November 29th, 2019. This represents a $450,741 investment into the company's shares and an account share holdings change of 14.4%.

On the same day, Darin Matthew Smith, a Senior Officer, acquired 127 Common Shares on a direct ownership basis and 373 Common Shares on a control or direction basis for registered holder Suzanne Smith at a price of $55.250. This represents a $27,625 investment into the company's shares and an account share holdings change of greater than 100%.

Kirkland Lake Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Kirkland Lake Gold Ltd, formerly Newmarket Gold Inc, is a Canada-based mid tier gold mining, development and exploration company. It has a diversified portfolio of assets located in the stable mining jurisdictions of Canada and Australia. The Company's main gold mines are: the Macassa Mine located in northeastern Ontario and the Fosterville Gold Mine located in the State of Victoria, Australia. In addition, the Company owns the Holt Mine and the Taylor Mine, which are situated along the Porcupine-Destor Fault Zone, in northeastern Ontario, the Cosmo Gold Mine located in the Northern Territory, Australia and the Stawell Gold Mine located in the State of Victoria, Australia. The Company's subsidiaries are: Crocodile Gold Inc and Franc-Or Resources Peru SA, among others. Kirkland Lake Gold Ltd. (KL) has below median officer and director direct ownership compared to its large-cap peers in the market, based on our estimate using SEDI data. According to recent regulatory filings, two insiders have invested a total amount of $478,366.

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Go to Kirkland Lake Gold Ltd. (KL)'s company page

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