Sean, Eric and Otto (a Kirkland $KL and Osisko $OSK.to post)

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Title : Sean, Eric and Otto (a Kirkland $KL and Osisko $OSK.to post)
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Sean, Eric and Otto (a Kirkland $KL and Osisko $OSK.to post)

So anyway, on September 6th there was this at this humble corner of cyberspace:
Kirkland Lake (KL) makes its move.

We've had plenty of talk and chatter as to what Kirkland Lake (KL) will do next. The answer is Osisko Mining (OSK.to). Remember that big-ass 18m share block that went thru OSK a month ago? That was bought by KL and since then, they've been quietly accumulating. We should be close to that magic moment when KL files its "hey guys we own 10.01% of this" document and Sean realizes that Eric is treading on his loafers.

You heard it here first.




And now today on September 18th there's this:
TORONTO, Sept. 18, 2018 (GLOBE NEWSWIRE) -- Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) today announced that it has acquired 14,705,882 common shares (“Shares”) of Osisko Mining Inc. (TSX:OSK) (“Osisko” or the “Issuer”) by way of private placement financing at a price of CAD$1.70 per Share for a total cash payment of approximately CAD$25 million (the “Investment”).
Prior to the Investment, Kirkland Lake Gold held 17,921,750 Shares, representing approximately 8.58% of the outstanding Shares on a non-diluted basis. As of the date hereof, after giving effect to Investment, the Company beneficially owns 32,627,632 Shares, representing approximately 13.61% of the currently issued and outstanding Shares on a non-diluted basis. Continues here.

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