From its news today concerning its purchase of 18% of NOVO Resources

and repurchase of its own stock :


“During Q3 2017, the Company invested approximately C$74.9 million to acquire an aggregate of 25.8 million shares of Novo Resources Corp., representing an 18.2% ownership interest in the Company at the time of purchase.

In addition, the Company invested approximately C$34.9 million in Q3 2017 related to the repurchase of Kirkland Lake Gold common shares through the Company’s Normal Course Issuer Bid (“NCIB”) launched in May 2017. To the end of Q3 2017, a total of approximately 3.9 million common shares had been repurchased through the NCIB for a total amount of approximately C$50.3 million.”