Read the story here. Advertise at Before It's News here.
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

Klondike Gold raises over C$2.24 million to advance its Yukon properties after closing second tranche of financing

% of readers think this story is Fact. Add your two cents.

Klondike Gold Corp (CVE:KG) (OTCMKTS:KDKGF) said it had raised a total of over C$2.24 million after closing the second tranche of a placing and proceeds will be used to continue exploring at the group’s Yukon properties.

In the second tranche, the firm issued 750,000 non-flow-through units at C$0.20 each for gross proceeds of C$150,000.

READ: Klondike Gold kicks off 2019 drill program in Yukon

Each non flow-through unit consists of one share and one warrant exercisable at C$0.35 per share until May 22, 2022.

In total in the financing, more than 7.7 million flow-through units at $0.22 each for  gross proceeds of more than C$1.7 million and 2.66 million non-flow though units at $0.20 each for gross proceeds of C$532,000 were issued in two tranches.

Klondike is focused on developing its Lone Star Gold target at the confluence of Bonanza and Eldorado Creeks, within a district scale 563 sq km property, which is accessible by road and lies on the outskirts of Dawson City, within the Tr’ondëk Hwëch’in First Nation traditional territory.

Contact Giles at [email protected]

Follow him on Twitter@Gile74

Story by ProactiveInvestors


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

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.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.