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What is the significance of their investments in Nova Resources, Osisko Mining and Walbridge?

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Asked on April 21, 2020 6:48 pm
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The company having stakes in Nova, Osisko and Wallbridge will definitely help it diversify. In fact, Wallbridge is the only company it doesn't own a double digit stake in. It own 18.2% of shares in Novo Resources, 13.6% in Osisko and 9.9% in Wallbridge. Having Kirkland as a strategic shareholder in these companies and sitting on the board of directors will only help them in the end, and in return Kirkland will benefit from a potential increase in the underlying companies share price.

All of these companies operate is safe jurisdictions, such as Canada and the United States.

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Posted by Dan Kent
Answered on April 22, 2020 9:23 am