Brief: Kirkland Lake Gold enters into term sheet agreement with Novo Resources
05/09/2017 12:00
Sept 5 (Reuters) - Kirkland Lake Gold Ltd KL.TO
* Kirkland Lake Gold announces agreement for strategic
investment in Novo Resources Corp.
* Kirkland Lake Gold Ltd- has entered into a term sheet
agreement with Novo Resources Corp. To acquire 14 million units
at a price of C$4.00 per unit
* Kirkland Lake Gold Ltd -upon closing of financing, company
is expected to own approximately 18.2% of Novo's issued and
outstanding common shares
Source text for Eikon: ID:nCCN4sYcxa
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