Klondike Gold Corp to raise up to C$2.75 million to boost exploration at Yukon projects
Klondike Gold Corp (CVE:KG) (OTCMKTS:KDKGF) said Wednesday it is aiming to raise up to C$2.75 million by way of a non-brokered private placement to bolster the company’s exploration and development of the company’s Yukon projects.
Klondike is focused on exploring the Lone Star Gold target at the confluence of Bonanza and Eldorado creeks, within a 557 sq/km property located on the outskirts of Dawson City, Yukon within the Tr’ondek Hwech’in First Nation traditional territory.
The company said the placement will be a mix of flow-through funds and non-flow-through funds.
READ: Klondike Gold identifies extensive gold soil anomalies at Yukon property
The flow-through placement will consist of the sale of flow-through shares at C$0.22 per unit, consisting of one common share and one share purchase warrant. A flow-through vehicle passes income to investors to avoid double taxation.
The non-flow-through placement will consist of the sale of units at a price of C$0.20 per unit, consisting of one common share and one share purchase warrant.
The company said each warrant will entitle the holder to purchase one common share at a price of C$0.35 per common share for a period of three years from closing and that finder’s fees may be paid.
Funds raised will go towards continued exploration and development of the company’s Yukon projects and for general working capital
All securities issued under the placement will be subject to a four-month hold period from the date of issue in compliance with applicable securities laws. The placement is subject to final acceptance of the TSX Venture Exchange.
Shares of Klondike Gold were at C$0.19 on Wednesday.
Contact Katie Lewis at [email protected]
Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/news/214994/klondike-gold-corp-to-raise-up-to-c275-million-to-boost-exploration-at-yukon-projects-214994.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Lion’s Mane Mushroom
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes:
Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.
Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.
Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.
Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.
Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules. Today Be 100% Satisfied Or Receive A Full Money Back Guarantee Order Yours Today By Following This Link.
| Online: | |
| Visits: | 1,608,021,765 |
| Stories: | 8,163,367 |
Whistler Blowers, Insiders
