Source: DSA Corporate Services Inc.

Holdings In Company

For filings with the FSA include the annex

For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i)

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1. Identity of the issuer or the underlying
issuer of existing shares to which voting rights
are attached: (ii)                                Kirkland Lake Gold Inc.
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2. Reason for the notification (please tick the appropriate box or boxes):
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An acquisition or disposal of voting rights                          x
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An acquisition or disposal of qualifying
financial instruments which may result in the
acquisition of shares already issued to which
voting rights are attached
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An acquisition or disposal of instruments with
similar economic effect to qualifying financial
instruments
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An event changing the breakdown of voting rights
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Other (please specify):
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3. Full name of person(s) subject to the
notification obligation: (iii)            Sprott Asset Management LP
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4. Full name of shareholder(s) (if
different from 3.):(iv)                   See Section 9
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5. Date of the transaction and date on
which the threshold is crossed or
reached: (v)                              June 28, 2013
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Date on which issuer notified:            July 10, 2013
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7. Threshold(s) that is/are crossed or
reached: (vi,vii)                         11.8%
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8. Notified details:
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A: Voting rights attached to shares (viii,ix)
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          Situation
Class/    previous to the
type      triggering       Resulting situation after the triggering
of shares transaction      transaction
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if                  Number
possible  Number    of     Number    Number 
using the of        Voting of        of voting        % of voting rights (x)
ISIN CODE Shares    Rights shares    rights  
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                                     Direct    Indirect
                           Direct    (xi)      (xii)     Direct    Indirect
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Common
Shares    ---       ---    8,143,466           8,143,466           11.6%
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B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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                                             Number of voting
                                             rights that may
                                             be acquired if
Type of                       Exercise/Conv- the instrument
financial      Expiration     ersion Period  is exercised/    % of voting
instrument     date (xiii)    (xiv)          converted.       rights
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C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments (xv,xvi)
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Resulting situation after the triggering transaction
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                                                Number of
                                     Exercise/  voting     % of
Type of                   Expiration Conversion rights     voting
financial      Exercise   date       period     instrument rights
instrument     price      (xvii)     (xviii)    refers to  (xix,xx)
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               $13.70 per
Convertible    common     December
Debentures     share      31, 2017              113,138    Nominal    Delta
                                                           -----------------
                                                                      0.2%
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Total (A+B+C)
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Number of voting rights               Percentage of voting rights
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8,256,604                             11.8%
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9. Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable: (xxi)
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The common shares are held by Sprott Asset Management LP on behalf of the
funds and accounts fully managed by it and a portfolio manager of Sprott
Asset Management LP.
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Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will cease to hold:
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12. Date on which proxy holder will cease to hold voting rights:
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13. Additional information:
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14. Contact name:                     Maggie Tang
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15. Contact telephone number:         1-416-943-4072 mtang@sprott.com
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Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in shares (xxii)

A: Identity of the persons or legal entity subject to the notification
obligation
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Full name
(including legal form of legal
entities)                             Sprott Asset Management LP
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Contact address                       200 Bay Street, Suite 2700, PO Box 27
(registered office for legal          Royal Bank Plaza, South Tower
entities)                             Toronto, ON Canada M5J 2J1
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Phone number & email
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Other useful information
(at least legal representative for
legal persons)
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B: Identity of the notifier, if applicable
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Full name
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Contact address
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Phone number & email
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Other useful information
(e.g. functional relationship with the person or legal entity
subject to the notification obligation)
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C: Additional information
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For notes on how to complete form TR-1 please see the FSA website.

Contact Information:

Kirkland Lake Gold Inc.