13:23:42 EDT Tue 14 May 2024
Enter Symbol
or Name
USA
CA



Kirkland Lake Discoveries Corp
Symbol KLDC
Shares Issued 58,387,223
Close 2023-11-01 C$ 0.085
Market Cap C$ 4,962,914
Recent Sedar Documents

Kirkland Lake shareholders OK all matters at meeting

2023-11-02 13:26 ET - News Release

Ms. Daniele Spethmann reports

KIRKLAND LAKE DISCOVERIES REPORTS ANNUAL & SPECIAL MEETING RESULTS

Kirkland Lake Discoveries Corp. has released the results of the company's annual and special meeting of shareholders held Oct. 31, 2023. A total of 23,409,117 common shares of the Company, or approximately 26.41% of the total number of issued and outstanding common shares, were represented at the Meeting.

At the Meeting, shareholders approved all resolutions, including the election of all six management nominees to the board of directors, the re-appointment of Crowe MacKay LLP as auditor for the ensuing year, and the approval of the Company's 10% rolling stock option plan.

Stock Option Grant

The Company also announces that in accordance with the Company's stock option plan, an aggregate of 4,800,000 stock options to purchase common shares of the Company were granted to certain directors, officers, contractors and consultants of the Company. The stock options, which fully vest upon the date of grant, are exercisable for a period of five years until October 31, 2028, at a price of $0.12 per common share and remain subject to TSX Venture Exchange approval.

OTC Markets Symbol Change

Further, the Company announces that its common shares, previously trading on the OTC Market under the symbol "WARGF", now trade under the symbol "KLKLF" on the OTC Market. The change of symbol was made to better align with the Company's name. No action is required by shareholders with respect to the symbol change.

The Company continues to trade on the TSX Venture Exchange under the symbol "KLDC".

About Kirkland Lake Discoveries Corp.

Kirkland Lake Discoveries Corp. is a TSX Venture Exchange listed company that has recently consolidated a district-scale and highly prospective land package in the Kirkland Lake Gold Camp in Ontario, Canada. The properties are hosted in the Abitibi Greenstone Belt, one of the world's best-endowed greenstone belts, with 200+ million ounces of gold produced to date.1 The properties are host to regional and property-scale mineralized structures that are considered second-order structures off the Larder Lake Cadillac Deformation Zone (LLCDZ), the regional structure in the belt known to be spatially associated with the gold mines hosted in the camp.

The properties assembled include the 100%-owned Lucky Strike Property, Goodfish-Kirana, the Arnold property, and the optioned KL West (KLW) and KL Central (KLC) properties. The KLDC land position comprises approximately 38,000 ha, over 1,338 claims and 29 patented claims and ranks the Company as one of the largest landholder in the Kirkland Lake region.

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