Kirkland Lake Gold Ltd. T.KL

Metals & Mining Gold

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.

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Kirkland Lake Gold Ltd. > KL Shareholders - 450 Million to get out of this deal

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Comment by Billybabin61on Nov 02, 2021 8:59pm

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Post# 34080154

RE:RE:KL Shareholders - 450 Million to get out of this deal

Events that Trigger a Breakup Fee

Some of the events that may trigger the breakup fee provision include the following:

Company’s board of directors changes their mind.
Shareholders fail to approve the deal.
The seller chooses a competing bidder.
Seller opts to open the deal to the public rather than just negotiating with the buyer named in the preliminary agreement.
A previously undisclosed defect is discovered in the target company.