Cases & Deals

Detour Gold merges with Kirkland Lake Gold Ltd. for CA$4.9 billion (US$3.7 billion)

Clients Detour Gold Corporation

Jones Day advised Detour Gold Corporation in connection with its CA$4.9 billion (US$3.7 billion) stock merger with Kirkland Lake Gold Ltd. Under the terms of the Transaction, all of the issued and outstanding common shares of Detour Gold were exchanged at a ratio of 0.4343 of a Kirkland Lake Gold common share for each Detour Gold common share. Existing Kirkland Lake Gold and former Detour Gold shareholders own approximately 73% and 27% percent of the issued and outstanding Kirkland Shares, respectively.

We use cookies to deliver our online services. Details of the cookies and other tracking technologies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you consent to our use of cookies.