Kirkland Lake Gold Inc.

KGI is an operating and exploration gold Company in Kirkland Lake, Ontario which is located in the Lower Abitibi Greenstone belt in northeastern Ontario.

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Message: Third Tranche of Shares Issued & Cash Payment Made Under South Claims Acquisitio
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Third Tranche of Shares Issued & Cash Payment Made Under South Claims Acquisitio

posted on Jan 14, 2009 11:27PM
January 15, 2009
Kirkland Lake Gold Inc.: Third Tranche of Shares Issued & Cash Payment Made Under South Claims Acquisition
KIRKLAND LAKE, ONTARIO--(Marketwire - Jan. 15, 2009) - Kirkland Lake Gold Inc. (the "Company") (TSX:KGI)(AIM:KGI) announces it has completed the issuance of the third tranche of shares and made the third cash payment to the vendor of the South Claims. The Company issued 15,586 common shares valued at C$62,500 (C$4.01 per share) and paid C$62,500. The shares are subject to restrictions on transfer until May 16, 2009. To complete its purchase obligations, the Company must issue a further C$50,000 worth of shares and pay a further C$50,000 to the vendor by January 15, 2010. For complete details see the Company's press release dated April 17, 2007.

An application has been made to the AIM Market of the London Stock Exchange for the 15,586 common shares issued on closing to be admitted to be trading on AIM. It is expected that admission will be effective on January 20, 2009.
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