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BRIEF-Gold Fields confirms Kirkland rejects C$1.44 bln offer

Published 2016-11-14, 01:38 a/m
© Reuters.  BRIEF-Gold Fields confirms Kirkland rejects C$1.44 bln offer
GFI
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Nov 14 (Reuters) - Gold Fields Ltd GFIJ.J :

* Gold Fields comments on news reports regarding acquisition proposals made to Kirkland Lake

* Notes recent press reports regarding proposals made jointly by it and Silver Standard Resources Inc to acquire all of outstanding shares of Kirkland Lake Gold Inc

* Confirms that its subsidiary has made three successive non-binding proposals jointly with Silver Standard to Kirkland Lake to acquire all of Kirkland Lake

* Its most recent proposal is valued at C$1.44 billion ($1.07 billion) in aggregate

* Confirms that Kirkland Lake board advised that it would not be engaging in any talks with Gold Fields or Silver Standard or providing due diligence access Source text for Eikon: ID:nJseN0012a For full story, click on: Further company coverage: GFIJ.J

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