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Friday, October 15, 2021

Kirkland Lake Gold Declares Quarterly Dividend Fee

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TORONTO, Sept. 16, 2021 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Firm”) (TSX:KL) (NYSE:KL) (ASX:KLA) at the moment introduced {that a} quarterly dividend cost for the third quarter of 2021 (“Q3 2021”) of US$0.1875 per widespread share might be paid on October 13, 2021 to shareholders of document as of the shut of enterprise on September 29, 2021. The Q3 2021 cost represents the 18th quarterly dividend cost made to shareholders following the Firm’s adoption of a dividend coverage in March 2017. The Firm’s quarterly dividend qualifies as an “eligible dividend” for Canadian earnings tax functions. For Canadian shareholders, the US greenback dividend cost might be transformed to Canadian {dollars} utilizing the spot worth trade charge on October 13, 2021, the day previous to the cost date.

About Kirkland Lake Gold Ltd.

Kirkland Lake Gold Ltd. is a senior gold producer working in Canada and Australia that’s concentrating on 1,300,000 – 1,400,000 ounces of manufacturing in 2021. The manufacturing profile of the Firm is anchored by three high-quality operations, together with the Macassa Mine and Detour Lake Mine, each situated in Northern Ontario, and the Fosterville Mine situated within the state of Victoria, Australia. Kirkland Lake Gold’s stable base of high quality belongings is complemented by district scale exploration potential, supported by a powerful monetary place with in depth administration experience.

For additional info on Kirkland Lake Gold and to obtain information releases by e mail, go to the web site at www.kl.gold.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Anthony Makuch, President, Chief Government Officer & Director Telephone: +1 416-840-7884
E-mail: tmakuch@kl.gold

Mark Utting, Senior Vice President, Investor Relations Telephone: +1 416-840-7884
E-mail: mutting@kl.gold Web site : www.kl.gold

Cautionary Be aware Concerning
Ahead-Wanting Data

This press launch incorporates statements which represent “forward-looking info” inside the that means of relevant securities legal guidelines, together with statements concerning the plans, intentions, beliefs and present expectations of Kirkland Lake Gold with respect to future enterprise actions and working efficiency. Ahead-looking info
is
typically
recognized
by
the
phrases
“could”,
“would”,
“might”,
“ought to”,
“will”,
“intend”,
“plan”,
“anticipate”, “imagine”, “estimate”, “count on” or related expressions and, in this press launch, embrace info concerning deliberate dividend funds and the administration of the Firm’s dividend coverage. The declaration and cost of dividends
stays
at
the
discretion
of
the
Board
of
Administrators
and
will
rely
on
the
Firm’s
monetary
outcomes,
money necessities, future prospects and different components deemed related by the
Board.

Traders are cautioned that forward-looking info will not be primarily based on historic info however as a substitute mirror the Firm’s administration’s expectations, estimates or projections regarding future outcomes or occasions primarily based on the opinions, assumptions and estimates of administration thought of affordable on the date the statements are made. Though Kirkland Lake Gold believes that the expectations mirrored in such forward-looking info are affordable, such info includes dangers and uncertainties, and undue reliance shouldn’t be positioned on such info,
as
unknown
or
unpredictable
components
might
have
materials
opposed
results
on
future
outcomes,
efficiency or achievements of the Firm. Among the many key components that might trigger precise outcomes to vary materially from these projected within the forward-looking info are the next: the event of the Firm’s properties and
the
anticipated
timing
thereof,
anticipated
manufacturing
from,
and
the
additional
potential
of
the
Firm’s
properties, the potential to extend the degrees of mineral assets and mineral reserves and potential conversion of mineral assets; fluctuating gold costs; the anticipated timing and graduation of exploration packages on numerous targets inside the Firm’s land holdings and the implication of such exploration packages (together with however not restricted to any potential choices to proceed to business manufacturing), the anticipated general affect of the Firm’s COVID19 response plans, together with measures taken by the Firm to cut back the unfold of COVID19, together with however not restricted to the fast testing carried out at Detour Lake, the flexibility to decrease prices and steadily improve
manufacturing,
the
capability
of
the
Firm
to
efficiently
obtain
enterprise
aims,
the
capability
of
the
Firm to
obtain
its
longer-term
outlook
and
the
anticipated
timing
and
outcomes
thereof,
the
efficiency
of
the
Firm’s fairness investments and the flexibility of the Firm to understand on its strategic objectives with respect to such investments, the consequences of sudden prices, liabilities or delays, the potential advantages and synergies and expectations of different financial, enterprise and or aggressive components and modifications basically financial, enterprise and political circumstances, together with modifications within the monetary markets; and modifications in relevant legal guidelines. This forward-looking info could also be affected by dangers and uncertainties within the enterprise of Kirkland Lake Gold and market circumstances. This info is certified
in
its
entirety
by
cautionary
statements
and
danger
issue
disclosure
contained
in
filings
made
by
Kirkland
Lake Gold, together with Kirkland Lake Gold’s annual info kind for the 12 months ended December 31, 2020 and its annual consolidated monetary statements and associated MD&A for the interval ended December 31, 2020, that are filed with the securities regulatory authorities in sure provinces of Canada and obtainable at
www.sedar.com.

Ought to
one
or
extra
of
these
dangers
or
uncertainties
materialize,
or
ought to
assumptions
underlying
the
forward-looking info show incorrect, precise outcomes could range materially from these described herein as supposed, deliberate, anticipated,
believed,
estimated
or
anticipated.
Though
Kirkland
Lake
Gold
has
tried
to
determine
necessary
dangers, uncertainties
and
components
which
might
trigger
precise
outcomes
to
differ
materially,
there
could
be
others
that
trigger
outcomes to not be as anticipated, estimated or supposed. Kirkland Lake Gold doesn’t intend, and don’t assume any obligation, to replace this forward-looking info besides as in any other case required by relevant
legislation.

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