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Kirkland Lake Gold declares quarterly dividend payment

The payment represents the second quarterly dividend payment made to shareholders following the Company's adoption of a dividend policy in March 2017
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NEWS RELEASE

KIRKLAND LAKE GOLD LIMITED

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KIRKLAND LAKE - Kirkland Lake Gold Ltd. is pleased to announce that a quarterly dividend payment of CAD$0.01 per common share will be paid on Oct. 16, 2017 to shareholders of record as of the close of business on Sept. 29, 2017.

The payment represents the second quarterly dividend payment made to shareholders following the Company's adoption of a dividend policy in March 2017. The Company's quarterly dividend qualifies as an "eligible dividend" for Canadian income tax purposes.

About Kirkland Lake Gold Ltd.

Kirkland Lake Gold Ltd. is a mid-tier gold producer with 2017 target production of 570,000 to 590,000 ounces from mines in Canada and Australia. The production profile of the company is anchored from two high-grade, low-cost operations, including the Macassa Mine located in northeastern Ontario and the Fosterville Mine located in the state of Victoria, Australia.

Kirkland Lake Gold's solid base of quality assets is complemented by district scale exploration potential, supported by a strong financial position with extensive management and operational expertise.

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