May 10 (Reuters) - Kirkland Lake Gold Ltd KL.TO :
* KIRKLAND LAKE GOLD ENTERS INTO AGREEMENT TO ACQUIRE SHARES OF NOVO RESOURCES CORP.
* ENTERED INTO SHARE PURCHASE AGREEMENT WITH ARTEMIS RESOURCES TO ACQUIRE 4 MILLION SHARES OF NOVO RESOURCES AT C$5.00/SHARE
* UPON CLOSING OF ACQUISITION CO TO HOLD APPROXIMATELY 18.86% OF OUTSTANDING COMMON SHARES OF NOVO ON AN UNDILUTED BASIS
* KIRKLAND LAKE GOLD -UPON CLOSING CO TO HOLD ABOUT 25.46% OF SHARES OF NOVO RESOURCES ON PARTIALLY DILUTED BASIS, ASSUMING EXERCISE OF WARRANTS