ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of aggregate purchase consideration for the acquired assets, net of the assumed liabilities


Fair value of common shares issued	$	1,858,219
Cash		1,001,291
Fair value of previously held 50% interest		2,697,604
	$	5,557,114

Schedule of allocation of the purchase price to assets acquired and liabilities assumed


	Preliminary⁽ⁱ⁾		Adjustments		Final
Cash and cash equivalents	$	1,049	$	—	$	1,049
Inventories		165,423		—		165,423
Other current assets		29,890		—		29,890
Property, plant and mine development		4,949,392		(1,183,876)		3,765,516
Goodwill		2,078,562		803,666		2,882,228
Other assets		330,215		(96,940)		233,275
Accounts payable and accrued and other liabilities		(117,905)		—		(117,905)
Reclamation provision		(203,341)		(4,950)		(208,291)
Deferred income and mining tax liabilities		(1,646,500)		482,100		(1,164,400)
Other liabilities		(29,671)		—		(29,671)
Total assets acquired, net of liabilities assumed	$	5,557,114	$	—	$	5,557,114

Note:

(i) Estimates of the fair value of assets acquired and liabilities assumed are presented as reported in the Company’s condensed interim consolidated financial statements as at March 31, 2023.

Kirkland Lake

ACQUISITIONS

Schedule of aggregate purchase consideration for the acquired assets, net of the assumed liabilities


Fair value of common shares issued	$	10,268,584
Fair value of replacement share based compensation issued		14,522
	$	10,283,106

Schedule of allocation of the purchase price to assets acquired and liabilities assumed


	Preliminary⁽ⁱ⁾		Adjustments		Final
Cash and cash equivalents	$	838,732	$	—	$	838,732
Inventories		384,678		(35,402)		349,276
Other current assets		100,094		—		100,094
Property, plant and mine development		10,086,336		341,935		10,428,271
Goodwill		1,804,459		(168,128)		1,636,331
Other assets		143,415		(1,628)		141,787
Accounts payable and accrued and other liabilities		(235,778)		—		(235,778)
Reclamation provision		(175,839)		(52,289)		(228,128)
Deferred income and mining tax liabilities		(2,639,353)		(84,488)		(2,723,841)
Other liabilities		(23,638)		—		(23,638)
Total assets acquired, net of liabilities assumed	$	10,283,106	$	—	$	10,283,106

Note:

(i) Estimates of the fair value of assets acquired and liabilities assumed are presented as reported in the Company’s condensed interim consolidated financial statements as at March 31, 2022.