@gbgirl
I had actually forgotten that and went and looked it up.
They are capped at 19.9% though.
The link to it below and further below is the relevant excerpt.
Kind regards, Wack.
https://commsec.api.markitondemand.com/commsec-node-api/1.0/event/document/1410-01903217-7B4I9ESDSAAJUB0P33NB3CC1RT/pdf?access_token=aNjhez9yDGIRVU2lLLV8DXB6mIB3
The share placement is subject to shareholder approval which the Company will seek at its Annual General Meeting (“AGM”) to be held before the end of November 2017 and Kirkland Lake staying below 19.9% on a partially diluted basis post De Grey’s AGM. An anti-dilution clause exists that allows Kirkland Lake to retain their equity position through future capital raisings. The anti-dilution clause is subject to ASX waiver of Listing Rule 6.18.
Ann: 136m@ 2.0g/t & Further High Grade Drill Results at Toweranna, page-80
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