November 14, 2016 / 6:41 AM / a year ago

BRIEF-Gold Fields confirms Kirkland rejects C$1.44 bln offer

Nov 14 (Reuters) - Gold Fields Ltd :

* Gold Fields comments on news reports regarding acquisition proposals made to Kirkland Lake

* Notes recent press reports regarding proposals made jointly by it and Silver Standard Resources Inc to acquire all of outstanding shares of Kirkland Lake Gold Inc

* Confirms that its subsidiary has made three successive non-binding proposals jointly with Silver Standard to Kirkland Lake to acquire all of Kirkland Lake

* Its most recent proposal is valued at C$1.44 billion ($1.07 billion) in aggregate

* Confirms that Kirkland Lake board advised that it would not be engaging in any talks with Gold Fields or Silver Standard or providing due diligence access Source text for Eikon: For full story, click on: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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