K9 Gold Corp - WDFCF STOCK NEWS

K9 Gold Corp. (TSXV: KNC) (OTCQB: WDFCF) (FSE: 5GP0) has announced a non-brokered private placement of 1,428,571 units at $0.07 per unit, aiming to raise $100,000. Each unit consists of one common share and one share purchase warrant, exercisable at $0.10 per share for five years from issuance. Insiders will participate in the financing, which is subject to TSX Venture Exchange approval. The proceeds will be used for general working capital purposes. Investors can contact K9 Gold Corp.'s Investor Relations at (604) 662-8184 or info@k9goldcorp.com for more information.

K9 Gold Corp. announces a share consolidation on a 1:10 basis effective February 23, 2024. The company will have approximately 9,013,600 common shares issued and outstanding post-consolidation. No fractional shares will be issued.

K9 Gold Corp. reports positive results from its 2023 soil sampling and prospecting on its JB Lithium projects in Quebec. Highlights include high lithium values in soil and rock samples, correlating with pegmatite outcrops. The exploration program identified promising pegmatite outcrops with spodumene, tourmaline, and garnet. CEO Jeff Poloni expresses satisfaction with the findings.

K9 Gold Corp. reports a significant upgrade to the Moonlight target on its Stony Lake Project in central Newfoundland. The 2023 soil sampling program has widened and enhanced the target area at Moonlight. The 2023 exploration program comprised the collection of 311 soil samples on two grids, Moonlight and Rattling Brook. Field work was performed by GroundTruth Exploration. Previous work on the Moonlight Grid included airborne and ground geophysics, soil sampling, trenching, and diamond drilling, which discovered a wide zone of significant gold mineralization. In 2023, 213 soil samples were collected on the grid, with twelve exceeding 10 ppb Au. The Rattling Brook Grid, with limited previous exploration, saw the collection of 98 soil samples, with two exceeding 10 ppb Au. CEO Jeff Poloni considers these values in soils to be highly significant and point to the potential of the Moonlight area.

K9 Gold Corp. (WDFCF) is proposing a share consolidation, reducing its issued and outstanding common shares from 90,136,007 to 9,013,601, aiming to increase market competitiveness and attractiveness to potential investors.

K9 Gold Corp. receives shareholder and regulatory approval for new share-based compensation plan.

K9 Gold Corp. provides update on corporate activities. Completed initial earn-in requirements for Stony Lake Project, now holds 75% interest. Encountered significant gold intersections in diamond drill holes. Completed summer field soil sampling and prospecting program for JB Lithium Project. LiDAR and photogrammetry survey completed, results pending.

K9 Gold Corp. completes field work for summer program on JB Lithium Project in Quebec, identifying pegmatite outcrops with spodumene, tourmaline, and garnet. Analytical results pending. LiDAR survey delayed due to wildfires.