- Following the announcement of a merger of equals agreement with Agnico Eagle Mines Limited, Kirkland Lake Gold (NYSE:KL) has suspended its automatic share purchase plan (ASPP) effective September 28, 2021.
- The ASPP was launched on June 21, 2021 in connection with the company’s normal course issuer bid (NCIB) to allow for share purchases that would not be subject to black-out periods or other restrictions.
- The current NCIB remains in effect and the company can purchase up to 26,694,051 common shares until the expiry of the NCIB on June 8, 2022.