World News: 11:00 GMT Wednesday 11th September 2019. [Kirkland Lake Gold Ltd. via Globe Newswire via SPi World News]
TORONTO, Sept. 11, 2019 (GLOBE NEWSWIRE) -- or the “”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that a quarterly dividend payment of US$0.04 per common share will be paid on October 11, 2019 to shareholders of record as of the close of business on September 30, 2019. The payment represents the 10 quarterly dividend payment made to shareholders following the Company’s adoption of a dividend policy in March 2017. The Company’s quarterly dividend qualifies as an “eligible dividend” for Canadian income tax purposes. For Canadian shareholders the US dollar dividend payment will be converted to Canadian dollars using the spot price exchange rate on September 27, 2019, the date prior to the payment date.
In addition, Kirkland Lake Gold today confirmed that the Company is being added to the S&P/TSX 60 Index effective prior to the open of trading on Monday, September 23, 2019. The addition to the S&P/TSX 60, which was announced by S&P Dow Jones Indices on September 6, 2019, is an important milestone for the Company, one that reflects its continued progress in building shareholder value through strong operating and financial performance.
Kirkland Lake Gold Ltd. is a growing gold producer operating in Canada and Australia that produced 723,701 ounces in 2018 and is on track to achieve significant production growth over the next three years, including target production of 950,000 – 1,000,000 ounces in 2019, 930,000 – 1,010,000 ounces in 2020 and 995,000 – 1,055,000 ounces in 2021. The production profile of the Company is anchored by two high-grade, low-cost operations, including the Macassa Mine located in Northern Ontario and the Fosterville Mine located in the state of Victoria, Australia. Kirkland Lake Gold's solid base of quality assets is complemented by district scale exploration potential, supported by a strong financial position with extensive management and operational expertise.
Anthony Makuch, President, Chief Executive Officer & DirectorPhone: +1 416-840-7884E-mail:
Mark Utting, Vice President, Investor RelationsPhone: +1 416-840-7884E-mail: Website:
Globe Newswire: 11:00 GMT Wednesday 11th September 2019
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.