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Kirkland Lake Gold Ltd. T.KGI


Primary Symbol: T.KL

Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.


TSX:KL - Post by User

Comment by russelltfloydon Oct 18, 2021 10:34am
275 Views
Post# 34017777

RE:RE:RE:RE:RE:Confused

RE:RE:RE:RE:RE:Confused
stone69 wrote: But AEM wasn't trading at 72 when the deal was announced so is it 57.13 or more like 50.00 as I originally asked ??

It's an all share deal so you get shares not money so .7935 shares of the new company.
Your holdings will be worth .7935x the new company's share price x the number of shares you hold..
by the time the deal closes you will have less shares but at a higher share value so you remain about same dollar value.
the advantage of this type of deal is that it does not trigger a capital gain for those that are holding in a taxable 
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