Klondike Gold announces $750,000 Private Placement
Klondike Gold Corp. (TSX.V:KG, OTCQB:KDKGF) has announced plans to raise up to $750,000 through a non-brokered private placement. The financing includes a Flow-Through Placement at $0.10 per unit and a Non-Flow-Through Placement at $0.09 per unit. Each unit consists of one common share and one share purchase warrant, with warrants exercisable at $0.15 per share for 2 years. The funds will be used for exploration and development of Yukon properties and general working capital. The offering may close in tranches and is subject to TSX Venture Exchange approval, with securities having a four-month and one-day hold period.
Klondike Gold Corp. (TSX.V:KG, OTCQB:KDKGF) ha annunciato piani per raccogliere fino a $750.000 tramite un collocamento privato non intermediazione. Il finanziamento include un collocamento con Flusso di Cassa a $0,10 per unità e un collocamento senza Flusso di Cassa a $0,09 per unità. Ogni unità consiste in una azione comune e un warrant di acquisto azioni, con warrants esercitabili a $0,15 per azione per 2 anni. I fondi saranno utilizzati per esplorazione e sviluppo delle proprietà nello Yukon e per il capitale circolante generale. L'offerta potrebbe chiudere in tranches ed è soggetta all'approvazione della Borsa di Toronto Venture, con titoli che avranno un periodo di blocco di quattro mesi e un giorno.
Klondike Gold Corp. (TSX.V:KG, OTCQB:KDKGF) ha anunciado planes para recaudar hasta $750,000 a través de una colocación privada no intermediada. El financiamiento incluye una colocación de Flujos de Efectivo a $0.10 por unidad y una colocación sin Flujos de Efectivo a $0.09 por unidad. Cada unidad consiste en una acción común y un warrant de compra de acciones, con warrants ejercitables a $0.15 por acción durante 2 años. Los fondos se utilizarán para exploración y desarrollo de propiedades en Yukon y capital de trabajo general. La oferta puede cerrarse en tramos y está sujeta a la aprobación de la Bolsa de Toronto Venture, con valores que tendrán un período de retención de cuatro meses y un día.
클론다이크 골드 코프(Klondike Gold Corp.) (TSX.V:KG, OTCQB:KDKGF)는 비중개 사모 배치를 통해 최대 $750,000을 모금할 계획을 발표했습니다. 자금 조달에는 $0.10의 유닛당 흐름 세금 배치와 $0.09의 비흐름 세금 배치가 포함됩니다. 각 유닛은 하나의 보통주와 하나의 주식 구매 워런트로 구성되며, 워런트는 $0.15의 주당 가격으로 2년 동안 행사할 수 있습니다. 이 자금은 유콘 지역의 탐사 및 개발과 일반 운영 자본에 사용될 예정입니다. 오퍼링은 트랜치로 마감될 수 있으며, TSX 벤처 거래소의 승인을 받아야 하며, 증권은 4개월 1일의 유예 기간이 있습니다.
Klondike Gold Corp. (TSX.V:KG, OTCQB:KDKGF) a annoncé des plans pour lever jusqu'à 750 000 $ par le biais d'un placement privé sans intermédiaire. Le financement comprend un placement avec flux à 0,10 $ par unité et un placement sans flux à 0,09 $ par unité. Chaque unité est composée d'une action ordinaire et d'un bon de souscription d'actions, avec des bons exerçables à 0,15 $ par action pendant 2 ans. Les fonds seront utilisés pour l'exploration et le développement de propriétés au Yukon et pour le fonds de roulement général. L'offre peut être clôturée en tranches et est soumise à l'approbation de la Bourse de Toronto, les titres ayant une période de blocage de quatre mois et un jour.
Klondike Gold Corp. (TSX.V:KG, OTCQB:KDKGF) hat Pläne angekündigt, bis zu 750.000 $ durch eine nicht vermittelte Privatplatzierung zu sammeln. Die Finanzierung umfasst eine Fluss-Zuschussplatzierung zu 0,10 $ pro Einheit und eine Nicht-Fluss-Zuschussplatzierung zu 0,09 $ pro Einheit. Jede Einheit besteht aus einer Stammaktie und einem Aktienoptionsschein, der für 0,15 $ pro Aktie für 2 Jahre ausgeübt werden kann. Die Mittel werden für die Erkundung und Entwicklung der Yukoneigentümer und das allgemeine Betriebskapital verwendet. Das Angebot kann in Tranchen geschlossen werden und unterliegt der Genehmigung der TSX Venture Exchange, wobei die Wertpapiere eine viermonatige und einen Tag währende Haltedauer haben.
- Raising up to $750,000 in new capital
- Funds to be used for exploration and development of Yukon properties
- Inclusion of flow-through units, potentially offering tax benefits to investors
- Potential dilution of existing shareholders due to new share issuance
- Four-month and one-day hold period may limit short-term liquidity for new investors
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC / ACCESSWIRE / August 27, 2024 / Klondike Gold Corp. (TSX.V:KG)(FRA:LBDP)(OTCQB:KDKGF) ("Klondike Gold" or the "Company") is pleased to announce that it plans to raise up to
The Flow-Through Placement will consist of the sale of flow-through units at a price of
The Non-Flow-Through Placement will consist of the sale of units at a price of
Each share purchase warrant will entitle the holder to purchase one common share at a price of
A finder's fee on the gross proceeds of the Financing may be paid.
The Financing may close in tranches. The Company intends to use the proceeds from the Financing to continue exploration and development of the Company's Yukon properties, as well as for general working capital.
The securities issued in connection with the Financing are subject to TSX Venture Exchange approval and all securities will be subject to a four month and one day statutory hold period after the date of closing.
ABOUT KLONDIKE GOLD CORP.
Klondike Gold is a Vancouver based gold exploration company advancing its
ON BEHALF OF KLONDIKE GOLD CORP.
"Peter Tallman"
Peter Tallman
President and CEO
FOR FURTHER INFORMATION:
Telephone: (604) 609-6138
E-mail: info@klondikegoldcorp.com
Website: www.klondikegoldcorp.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements contained in this news release constitute "forward-looking statements". When used in this document, the words "anticipated", "expect", "estimated", "forecast", "planned", and similar expressions are intended to identify forward-looking statements or information. These statements are based on current expectations of management, however, they are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the forward-looking statements in this news release. Readers are cautioned not to place undue reliance on these statements. Klondike Gold does not undertake any obligation to revise or update any forward-looking statements as a result of new information, future events or otherwise after the date hereof, except as required by securities laws.
Forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, market volatility; the state of the financial markets for the Company's securities; fluctuations in commodity prices and changes in the Company's business plans. In making the forward looking statements in this news release, the Company has applied several material assumptions that the Company believes are reasonable, including without limitation, that the Company will continue with its stated business objectives and its ability to raise additional capital to proceed. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. The Company seeks safe harbor.
For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedarplus.ca.
[1] The Mineral Resource Estimate for the Klondike District Property was prepared by Marc Jutras, P.Eng., M.A.Sc., Principal, Ginto Consulting Inc., an independent Qualified Person in accordance with the requirements of NI 43-101. The technical report supporting the Mineral Resource Estimate entitled "NI 43-101 Technical Report on the Klondike District Gold Project, Yukon Territory, Canada" has been filed on SEDAR at www.sedarplus.ca effective November 10, 2022. Refer to news release of December 16, 2022.
SOURCE: Klondike Gold Corp.
View the original press release on accesswire.com
FAQ
What is the price per unit for Klondike Gold's (KDKGF) Flow-Through Placement?
How much is Klondike Gold (KDKGF) aiming to raise in their private placement announced on August 27, 2024?
What is the exercise price and duration of the warrants in Klondike Gold's (KDKGF) private placement?
How will Klondike Gold (KDKGF) use the proceeds from the August 2024 private placement?
