KL Gold

Toronto, Canada Founded: 1983 • Age: 43 yrs
Gold mining and exploration are conducted by the company.
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About KL Gold

KL Gold is a company based in Toronto (Canada) founded in 1983.. KL Gold has raised $135.96 million across 6 funding rounds. KL Gold has completed 3 acquisitions, including Detour Gold, New Market Gold and St Andrew Goldfields.

  • Headquarter Toronto, Canada
  • Stage Public
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $135.96 M (USD)

    in 6 rounds

  • Latest Funding Round
    $5.2 M (USD), Post-IPO

    Dec 23, 2016

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Detour Gold

    & 2 more

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People of KL Gold
Headcount 1000-5000
Employee Profiles 14
Board Members and Advisors 4
Employee Profiles
People
Gord Leavoy
Vice President, Mineral Processing
People
Greg Gibson
Special Advisor to the CEO, Business Process Improvement
People
Anthony Makuch
President & Chief Executive Officer
People
David Soares
Chief Financial Officer

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Board Members and Advisors
people
Barry Olson
Independent Director
people
Peter Grosskopf
Independent Director
people
Jonathan Gill
Independent Director
people
Arnold Klassen
Independent Director

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Funding Insights of KL Gold

KL Gold has successfully raised a total of $135.96M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $5.2 million completed in December 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 6
  • Last Round Post-IPO — $5.2M
  • First Round

    (16 Feb 2010)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2016 Amount Post-IPO - KL Gold Valuation

investors

Jul, 2016 Amount Post-IPO - KL Gold Valuation

investors

Jul, 2014 Amount Series B - KL Gold Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by KL Gold

KL Gold has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Detour Gold, New Market Gold and St Andrew Goldfields. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Diversified investment management services are offered to clients.
2013
Gold exploration and production are conducted by Detour Gold.
2006
Gold mining and exploration are conducted in northeastern Ontario.
1983
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - KL Gold

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Kl Gold Comparisons

Employees
+
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Competitors of KL Gold

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Kl Gold

Frequently Asked Questions about KL Gold

When was KL Gold founded?

KL Gold was founded in 1983 and raised its 1st funding round 27 years after it was founded.

Where is KL Gold located?

KL Gold is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Who is the current CEO of KL Gold?

Anthony Makuch is the current CEO of KL Gold.

Is KL Gold a funded company?

KL Gold is a funded company, having raised a total of $135.96M across 6 funding rounds to date. The company's 1st funding round was a Series B of $7.04M, raised on Feb 16, 2010.

What does KL Gold do?

Kirkland Lake Gold was founded in 1983 and is headquartered in Toronto, Canada. Operations are centered on the gold mining sector, where exploration and extraction activities are carried out at various sites. The company is led by CEO Anthony Makuch. Focus is placed on resource development and production within the mining industry, with geographical emphasis on Canadian and international gold deposits.

How many acquisitions has KL Gold made?

KL Gold has made 3 acquisitions, including Detour Gold, New Market Gold, and St Andrew Goldfields.

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