Page 18 ditions of 464000 oz before deple tion of 244000 oz 3 year production guidance Threeyear production guidance in creased to 920000 1000000 oz for 2019 930000 1010000 oz for 2020 and 995000 1055000 oz for 2021 Fosterville s produc tion guidance for 2019 and 2020 improved to 550000 610000 ounces with 2021 guidance re maining unchanged at 570000 610000 ounces Kirkland Lake Gold s success is ref ected in the surge in its stock price traded on the T oronto Stock Exchange TSX which more than doubled from 20 CDN in April 2018 to 43 CDN in April 2019 KLG shares peaked at 48 CDN in late February The increased gold production re f ected positively on KLG s f nancial performance over Q1 2019 Dur ing Q1 2019 the Company contin ued to build f nancial strength with cash increasing 78 million or 23 to 410 million at March 31 2019 compared to 332 million at De cember 31 2018 The Q1 performance continued with strong growth in earnings and cash f ow for fullyear 2018 when net earnings totaled 2739 million 130 per basic share a 107 increase from 2017 Net cash f ow from operating activities of continu ing operations totaled 5431 mil lion a 73 increase from 2017 while free cash f ow increased 40 to 2495 million in 2018 Share holders were rewarded a quarterly dividend payment of C004share paid on January 1 1 Future improvements KLG s gold production number will get a boost in 2019 when Holloway mine is expected to come back on stream with 20000 oz expected in 2019 increasing to 50000 oz by 2021 Continuing lower production costs will help boost the company s earnings Consolidated unitcost guidance for 2019 improved with operating cash costs per oz guid ance revised to 300 320 from 360 380 previously The AISC per oz sold improved to 520 560 compared to previous guid ance of 630 680 Goal of 1 Million Oz The goal for KLG is to produce 1 million oz of gold annually with 2019 being the year when it might reach that target The keys to Kirk land Lake Gold s success are inno vation diamond drilling exploration discovery of higher grade ores and increasing productivity And that s what we are doing at Kirkland Lake Gold Makuch said Contd from pg 14 Success ref ected in KLG performance