Sprott selling more Kirkland Lake Gold (KL)

Sprott selling more Kirkland Lake Gold (T:KL)

Eric S. Sprott, a Director, disposed of 250,000 Common Shares on a direct ownership basis at a price of $35.750 on January 17th, 2019. The insider also disposed of 7,500 Common Shares on an indirect ownership basis for registered holder 2176423 Ontario Ltd. at a price of $36.000 on January 17th, 2019. This represents a $9,207,525 divestment of the company's shares and an account share holdings change of -1.6%.

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.