Kirkland Lake Closes $35 Million Financing

Kirkland Lake Gold (TSX:KGI) has closed its previously announced bought deal financing for gross proceeds of approximately $35 million.

As quoted in the press release:

The Offered Shares were sold pursuant to an underwriting agreement with a syndicate of underwriters co-led by National Bank Financial Inc. and Macquarie Capital Markets Canada Ltd. and included Sprott Private Wealth LP, BMO Capital Markets and Clarus Securities Inc.

The net proceeds of the Offering will be used for working capital and general corporate purposes.

Click here to read the Kirkland Lake Gold (TSX:KGI) press release