11:47 AM EST - Kirkland Lake Gold Inc. : announced an operations update and its year end results for the year ended April 30, 2012. Net income before income taxes for the year ended April 30, 2012 was $41.3 million or $0.58 per share, more than double the previous fiscal year's results of $19.9 million or $0.29 per share. At the end of the fiscal year, the Company had lease financing in place for $8.5 million in mining equipment of an approved $15.0 million facility. Subsequent to year end our bankers had increased this facility to $40.0 million. Kirkland Lake Gold Inc.
shares T.KGI are trading down $0.24 at $11.23.
