Earlier this year Kirkland Lake Gold recruited precious metals investing guru Eric Sprott to be board chairman. Mr. Sprott made his debut as an insider at Kirkland Lake Gold with an initial ownership balance of 6,491,700 common shares. He is now the second-largest shareholder of the firm with about 9.6 per cent of shares outstanding. More recently, on April 28, director Barry Cooper acquired 5,000 shares at $5.95 in the public market. Earlier, on April 20, director Pamela Klessig exercised 67,500 options and subsequently sold 62,500 common shares, retaining 5,000.
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.
Infographic reflects public-market transactions of common shares or unit trusts by company officers and directors.