Toronto, Ontario (July 20, 2015) - Kirkland Lake Gold Inc. (“Kirkland Lake Gold” or the “Company”), an operating and exploration gold company with operations in Ontario, Canada, provides a reminder that the admission of its ordinary shares for trading on the AIM Market of the London Stock Exchange plc ("AIM") will be cancelled with effect from 7:00 a.m. UK time on August 3, 2015. The last trading day on AIM will be July 31, 2015. The Company continues to maintain its listing on the Toronto Stock Exchange ("TSX").
Further information on the cancellation of admission to trading on AIM
Computershare Investor Services Inc., in its capacity as Transfer Agent and on behalf of the Custodian CREST International Nominees Limited to holders of Crest Depository Interests ("CDIs") in Kirkland Lake Gold, have written to all CDI holders to advise them of the cancellation process.
Kirkland Lake Gold continues to maintain its listing on the TSX, an AIM Designated Market, and, as such, cancellation is not conditional upon shareholder consent pursuant to Rule 41 of the AIM Rules. CDI holders wishing to trade the Company’s shares after the date of cancellation will be able to do so through the TSX.
Kirkland Lake Gold will continue to comply with all accounting and regulatory requirements for a Canadian company listed on the TSX.
Instructions for CDI holders in Kirkland Lake
As a CDI holder in Kirkland Lake Gold, from August 3, 2015 you will no longer be able to trade on AIM.
Following cancellation, CREST members holding the Company’s CDIs will only be able to affect trades through the Company’s TSX listing and therefore may need to withdraw to the principal Canadian register, and hold your shares through a member of the Canadian Depository for Securities (“CDS”).
In order to withdraw to the Canadian register you should follow the procedures set out within the CREST manual in relation to cross-border transactions or XDLs. Should you require further information regarding this process, please seek assistance from Euroclear UK and Ireland (see website at https://my.euroclear.com).
Brokers with clients wishing to hold their shares within their own name on the principal Canadian register and not continue to hold them through the broker or their Canadian counterpart will need to withdraw the securities over to the broker’s Canadian counterpart and then arrange for the counterpart to re-materialise the securities onto the principal register in Direct Registration System (“DRS”) Certificated form.