KGI17 Oct 2012 08:05
Kirkland Lake Gold Inc. (the "Company") (TSX:KGI)(AIM:KGI), is pleased to announce that it has entered into an
agreement with Dundee Securities Ltd. and CIBC as co-lead underwriters (collectively, the "Underwriters") under
which the Underwriters have agreed to purchase, on a bought deal basis, 60,000 convertible unsecured
subordinated debentures (the "Debentures") at a price per Debenture of $1,000 for total gross proceeds of
$60,000,000 (the "Offering"). The Underwriters have been granted an option (the "Option") to purchase up to an
additional $9,000,000 of the Offering, exercisable in whole or in part at any time up to 48 hours before the
closing of the Offering