Kirkland Lake Gold Shareholders Approve Merger of Equals With Agnico Eagle - Seite 2

The Arrangement is expected to be completed during the first quarter of 2022, subject to approval by the Ontario Superior Court of Justice, approval of the Australian Foreign Investment Review Board (“FIRB Approval”) and satisfaction or waiver of certain other closing conditions.

For a more detailed description of the Arrangement, readers should review the Company’s joint management information circular with Agnico dated October 29, 2021 and visit https://www.kl.gold/Agnico-Eagle--Kirkland-Lake-Gold-Merger/.

ABOUT KIRKLAND LAKE GOLD LTD.

Kirkland Lake Gold Ltd. Is a low-cost senior gold producer operating in Canada and Australia that is targeting 1,300,000 – 1,400,000 ounces of production in 2021. The production profile of Kirkland Lake Gold is anchored by three high-quality operations, including the Macassa Mine and Detour Lake Mine, both 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, extensive management expertise and an overriding commitment to safe, responsible mining.

FOR FURTHER INFORMATION PLEASE CONTACT

Anthony Makuch, President, Chief Executive Officer & Director
Phone: [phone]
E-mail: [e-mail]

Mark Utting, Senior Vice-President, Investor Relations
Phone: [phone]
E-mail: [e-mail]

The Toronto Stock Exchange has neither reviewed nor accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Information

This press release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of Kirkland Lake Gold with respect to future business activities and operating performance. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions and include information regarding: (i) expectations regarding the consummation of the proposed Arrangement, including the receipt and timing of the final order of the Ontario Superior Court of Justice and FIRB Approval and the conditions associated with such approvals, the ability of the Company and Agnico Eagle to satisfy the other conditions to completion of the Arrangement; (ii) expectations regarding the potential benefits and synergies of the Arrangement, (iii) expectations regarding the combined company’s performance, financial strength, pipeline of development and exploration projects and growth potential; (iv) expectations regarding future exploration, development and growth potential for Kirkland Lake Gold’s and Agnico Eagle’s operations; (v) expectations for other economic, business, and/or competitive factors; and (vi) the Company’s targeted production in 2021