CORPORATE ACTIVITY
Canada’s Kirkland Lake Gold has invested C$56-million through a private placement in fellow-listed Novo Resources. Kirkland Gold would acquire 14-million units in the Western Australian-focused Novo, at a price of C$4 each, with the units consisting of one common share and one share purchase warrant, that could be exercised at a price of C$6 each within the next 36 months.
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