Gold Fields: Have Made 3 Proposals to Kirkland Lake
November 14 2016 - 2:18AM
Dow Jones News
By Ian Walker
Gold Fields Ltd. (GFI.JO) confirmed Monday that it, together
with Silver Standard Resources Inc. (SSO.T), has made three
proposals to Kirkland Lake Gold Inc. (KLG.T) to buy the outstanding
shares in Kirkland for 1.44 billion Canadian Dollars ($1.06
billion).
Gold Fields said Kirkland won't enter talks with it or Silver
Standard, or provide them with due dilligence access, as it
believes a higher offer than that made by Newmarket Gold Inc.
(NMI.T) won't be made.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
November 14, 2016 02:03 ET (07:03 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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