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Kirkland Lake Gold Creates an Ontario-Focused Intermediate Gold Producer With the Acquisition of St Andrew ...

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(Source: Kirkland Lake Gold Inc) TORONTO, ONTARIO--(Marketwired - Nov. 16, 2015) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Kirkland Lake Gold Inc. ('Kirkland Lake' ) (TSX:KGI) and St Andrew Goldfields Ltd. ('St Andrew') (TSX:SAS)(OTCQX:STADF) are pleased to announce that they have entered into a binding definitive agreement (the 'Agreement') whereby Kirkland Lake will acquire all of the outstanding common shares of St Andrew pursuant to a plan of arrangement (the 'Transaction') to create a multi-asset, Ontario-focused, intermediate gold producer. Under the terms of the Agreement, common shareholders of St Andrew will receive 0.0906...

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