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| Home : Kirkland Lake Gold Announces Closing of $69 Million Private Placement of Convertible Debentures |
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Nov 07
2012 |
Kirkland Lake Gold Announces Closing of $69 Million Private Placement of Convertible Debentures |
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KIRKLAND LAKE, ONTARIO--(Marketwire - Nov. 7, 2012) - Kirkland Lake Gold Inc. (the "Company") (TSX:KGI)(AIM:KGI) is pleased to announce that it has closed its previously announced private placement (the "Offering") of 7.5% convertible unsecured subordinated debentures (the "Debentures") at a price per Debenture of $1,000. Dundee Securities Ltd. and CIBC (the "Underwriters") acted as co-lead underwriters for the Offering. The Underwriters exercised the option to purchase an additional 15% of the Offering resulting in total gross proceeds of the Offering of $69,000,000. |
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| Source:http://www.marketwire.com/mw/release.do?id=1722759&sourceType=3 |
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