Kirkland Lake Gold Miscellaneous high priority announcements

 
TIDMKGI 
 
Miscellaneous high priority announcements 
FOR:  KIRKLAND LAKE GOLD INC. 
 
TSX, AIM SYMBOL:  KGI 
 
January 28, 2015 
 
Kirkland Lake Gold Announces Increase of Bought Deal Financing to C$30 Million 
 
TORONTO, ONTARIO--(Marketwired - Jan. 28, 2015) - 
 
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES 
 
Kirkland Lake Gold Inc. (TSX:KGI)(AIM:KGI) (the "Company"), announces that it has agreed to increase the size 
of its previously announced bought deal offering to C$30 million. 
 
Pursuant to a revised letter agreement, the syndicate of underwriters, co-led by National Bank Financial Inc. 
and Macquarie Capital Markets Canada Ltd. and including Sprott Private Wealth LP, BMO Capital Markets and 
Clarus Securities Inc. (the "Underwriters"), has agreed to purchase on a bought deal basis 6,900,000 million 
common shares of the Company (the "Offered Shares") at a price of C$4.35 per Offered Share for gross proceeds 
of approximately C$30 million (the "Offering"). 
 
In addition, the Underwriters also have been granted an over-allotment option to purchase up to an additional 
1,035,000 common shares of the Company (the "Over-Allotment Option"), exercisable in whole or in part, at the 
offering price, for a period of 30 days from the closing of the Offering. If the Over-Allotment Option is 
exercised in full, the total gross proceeds will be C$35 million. The net proceeds of the Offering will be used 
for general corporate purposes and working capital. 
 
The Offered Shares will be offered by way of a short form prospectus to be filed in all provinces of Canada, 
except Quebec, pursuant to National Instrument 44-101 Short Form Prospectus Distributions. 
 
The offering is scheduled to close on or about February 18, 2015 and is subject to certain conditions 
including, but not limited to, the receipt of all necessary regulatory approvals including the approval of the 
Toronto Stock Exchange and the securities regulatory authorities. 
 
About the Company 
 
Kirkland Lake Gold Inc.'s corporate goal is to create a self-sustaining and long-lived intermediate gold mining 
company based in the historic Kirkland Lake gold camp, as well as to explore opportunities for growth in other 
safe mining jurisdictions. The Company plans to do this by mining to the reserve grade, generating profits and 
free cash flow with a view to maximising value for the shareholders. The Company will also look to take 
advantage of its increased infrastructure capacity in the appropriate gold price environment. At the same time, 
the Company is committed to maintaining a significant exploration program aimed at developing and maintaining a 
property wide reserve and resource base sufficient to sustain a mine life of more than ten years. 
 
Over the last several years the Company has invested significant capital to improve the infrastructure of the 
business including upgrading the production hoist, skips, mill, underground mobile equipment and capital 
development. From initial discovery to present day there have been over 24 million ounces of gold mined from 
the Kirkland Lake gold camp while the current reserve and resource provides for potentially 10 years of mining 
with exploration upside. 
 
Neither the Toronto Stock Exchange nor the London Stock Exchange has reviewed or accepts responsibility for the 
adequacy or accuracy of this news release. 
 
The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not 
be offered or sold in the United States absent registration or an applicable exemption from the registration 
requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy 
nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be 
unlawful. 
 
Cautionary Note Regarding Forward Looking Statements 
 
This Press Release contains statements which constitute "forward-looking statements", including statements 
regarding the plans, intentions, beliefs and current expectations of the Company with respect to the future 
business activities and operating performance of the Company. The words "may", "would", "could", "should", 
"will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate 
to the Company, are intended to identify such forward-looking statements. 
 
Investors are cautioned that forward-looking statements are based on the opinions, assumptions and estimates of 
management considered reasonable at the date the statements are made such as, without limitation, opinion, 
assumptions and estimates of management regarding the Company's business, its ability to increase its 
production capacity and decrease its production cost. Such opinions, assumptions and estimates, are inherently 
subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual 
events or results to differ materially from those projected in the forward-looking statements. These factors 
include the Company's expectations in connection with the projects and exploration programs being met, the 
impact of general business and economic conditions, global liquidity and credit availability on the timing of 
cash flows and the values of assets and liabilities based on projected future conditions, fluctuating gold 
prices, currency exchange rates (such as the Canadian dollar versus the United States Dollar), possible 
variations in ore grade or recovery rates, changes in accounting policies, changes in the Company's corporate 
mineral reserves and resources, changes in project parameters as plans continue to be refined, changes in 
project development, construction, production and commissioning time frames, risks related to joint venture 
operations, the possibility of project cost overruns or unanticipated costs and expenses, higher prices for 
fuel, power, labour and other consumables contributing to higher costs and general risks of the mining 
industry, failure of plant, equipment or processes to operate as anticipated, unexpected changes in mine life, 
seasonality and unanticipated weather changes, costs and timing of the development of new deposits, success of 
exploration activities, permitting time lines, government regulation of mining operations, environmental risks, 
unanticipated reclamation expenses, title disputes or claims, and limitations on insurance, as well as those 
risk factors discussed or referred to in the Company's annual Management's Discussion and Analysis and Annual 
Information Form for the year ended April 30, 2014 and the Company's Management's Discussion and Analysis for 
the interim period ended October 31, 2014 filed with the securities regulatory authorities in certain provinces 
of Canada and available at www.sedar.com. 
 
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward- 
looking statements prove incorrect, actual results may vary materially from those described herein as intended, 
planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important 
risks, uncertainties and factors which could cause actual results to differ materially, there may be others 
that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not 
assume any obligation, to update these forward-looking statements except as otherwise required by applicable 
law. 
 
 
-30- 
 
FOR FURTHER INFORMATION PLEASE CONTACT: 
 
Kirkland Lake Gold Inc. 
George Ogilvie, P.Eng 
Chief Executive Officer 
[phone] 
[phone] (FAX) 
[e-mail] 
 
OR 
 
Kirkland Lake Gold Inc. 
Suzette N. Ramcharan, CPIR 
Director of Investor Relations 
[phone] 
[phone] (FAX) 
[e-mail] 
www.klgold.com 
 
OR 
 
NOMAD: Panmure Gordon (UK) Limited 
Dominic Morley / Adam James 
[phone] 
 
OR 
 
Blytheweigh 
Tim Blythe/Halimah Hussain/Camilla Horsfall 
[phone] 
 
 
 
 
 
Kirkland Lake Gold Inc.