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11
Dec
2017
Kirkland Lake disposes of Australian Stawell assetsBy:Creamer Media Deputy Editor: North America GOLD M&A Triple-listed Kirkland Lake Gold has agreed to sell affiliate Stawell Gold Mines to private firm Arete Capital Partners. Stawell Gold Mines, which holds the Stawell gold mine, located in Victoria, Australia, will pay $6.25-million in cash for the assets, with Kirkland set to retain a 2.5% net smelter return (NSR) royalty on the mine.
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