Today, we revisit Kirkland Lake Gold Ltd. Since our last feature on the stock in mid-April, two directors and one officer spent $10,415,021 acquiring shares in the public market. In addition, another director spent $759,159 acquiring shares through options exercise (not on chart) while subsequently selling an equivalent number of shares for $2,454,484. The most recent transactions took place May 24 to May 25, when board chairman Eric Sprott acquired a total of one million common shares at an average price of $10.04.
Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.
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