By Sheri Kasprzak
Atlanta, Dec. 23 - Kirkland Lake Gold Inc. said late Wednesday it wrapped a private placement for proceeds of C$3 million.
The company sold 500,000 flow-through shares at C$6 each.
Canaccord Capital Corp. was the placement agent in the offering.
Based in Kirkland Lake, Ont., Kirkland Lake is a gold exploration and development company. It plans to use the proceeds from the private placement for the exploration of its mineral properties.
| Issuer: | Kirkland Lake Gold Inc.
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| Issue: | Flow-through shares
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| Amount: | C$3 million
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| Shares: | 500,000
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| Price: | C$6.00
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| Warrants: | No
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| Placement agent: | Canaccord Capital Corp.
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| Settlement date: | Dec. 22
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| Stock price: | C$6.23 at close Dec. 22
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