Kirkland Lake shareholders vote for Newmarket takeover – sources

More than 80% of Kirkland Lake Gold shareholders have voted in favour of the mid-tier miner's takeover of Newmarket Gold, according to two sources familiar with the situation, marking the end of a contentious process. Over 90% of the Newmarket shareholders who voted on the acquisition also backed Kirkland's all-stock offer, valued at about C$1-billion when announced on September 29, the sources said on Thursday on condition of anonymity as the matter is confidential.