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K9 Gold Corp. Announces Private Placement of 1,428,571 Units for Proceeds of $100,000

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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. (TSXV: KNC) (OTCQB: WDFCF) (FSE: 5GP0) ha annunciato un collocamento privato non intermedia di 1.428.571 unità a 0,07 $ per unità, con l'obiettivo di raccogliere 100.000 $. Ogni unità è composta da un'azione comune e un warrant per l'acquisto di azioni, esercitabile a 0,10 $ per azione per cinque anni dalla data di emissione. Gli interni parteciperanno al finanziamento, soggetto all'approvazione della Borsa Valori TSX Venture. I proventi saranno utilizzati per scopi di capitale di lavoro generale. Gli investitori possono contattare i rapporti con gli investitori di K9 Gold Corp. al numero (604) 662-8184 o all'indirizzo info@k9goldcorp.com per ulteriori informazioni.

K9 Gold Corp. (TSXV: KNC) (OTCQB: WDFCF) (FSE: 5GP0) ha anunciado una colocación privada no intermediada de 1,428,571 unidades a $0.07 por unidad, con el objetivo de recaudar $100,000. Cada unidad consiste en una acción ordinaria y un warrant de compra de acciones, que se puede ejercer a $0.10 por acción durante cinco años a partir de la emisión. Los insiders participarán en la financiación, que está sujeta a la aprobación de la Bolsa de Valores TSX Venture. Los ingresos se utilizarán para fines generales de capital de trabajo. Los inversores pueden contactar a K9 Gold Corp. a través de su departamento de relaciones con inversores al (604) 662-8184 o a info@k9goldcorp.com para más información.

K9 Gold Corp. (TSXV: KNC) (OTCQB: WDFCF) (FSE: 5GP0)은 1,428,571 단위를 단위당 $0.07에 판매하는 중개인 없는 사모펀드를 발표했으며, $100,000을 모금할 계획입니다. 각 단위는 하나의 보통주와 $0.10의 가격으로 5년 동안 행사 가능한 주식 매수 권리가 포함되어 있습니다. 내부자들이 참여할 것입니다 이 자금 조달은 TSX Venture Exchange의 승인을 받습니다. 수익금은 일반 운영 자본 용도로 사용될 예정입니다. 투자자는 더 많은 정보를 위해 K9 Gold Corp. 투자자 관계에 (604) 662-8184 또는 info@k9goldcorp.com로 연락할 수 있습니다.

K9 Gold Corp. (TSXV: KNC) (OTCQB: WDFCF) (FSE: 5GP0) a annoncé un placement privé non intermédié de 1.428.571 unités au prix de 0,07 $ par unité, avec pour objectif de lever 100.000 $. Chaque unité se compose d'une action ordinaire et d'un bon de souscription d'actions, exerçable à 0,10 $ par action pendant cinq ans à partir de l'émission. Les initiés participeront au financement, qui est soumis à l'approbation de la Bourse de valeurs TSX Venture. Les fonds levés seront utilisés à des fins de fonds de roulement général. Les investisseurs peuvent contacter le service des relations avec les investisseurs de K9 Gold Corp. au (604) 662-8184 ou à info@k9goldcorp.com pour plus d'informations.

K9 Gold Corp. (TSXV: KNC) (OTCQB: WDFCF) (FSE: 5GP0) hat eine nicht vermittelte Privatplatzierung von 1.428.571 Einheiten zu je 0,07 $ pro Einheit angekündigt, mit dem Ziel, 100.000 $ zu sammeln. Jede Einheit besteht aus einer Stammaktie und einem Aktienkaufschein, der für fünf Jahre ab Ausgabe zu einem Preis von 0,10 $ pro Aktie ausgeübt werden kann. Insider werden teilnehmen an der Finanzierung, die der Genehmigung der TSX Venture Exchange unterliegt. Die Erlöse werden für allgemeine Betriebskapitalzwecke verwendet. Investoren können K9 Gold Corp. unter (604) 662-8184 oder info@k9goldcorp.com für weitere Informationen kontaktieren.

Positive
  • Raising $100,000 through private placement for working capital
  • Insider participation in the financing
Negative
  • Potential dilution of existing shareholders due to new share issuance

West Vancouver, British Columbia--(Newsfile Corp. - October 15, 2024) - K9 Gold Corp. (TSXV: KNC) (OTCQB: WDFCF) (FSE: 5GP0) ("KNC", "K9" or the "Company") is pleased to announce that it is engaging in a non-brokered private placement (the "Private Placement") of 1,428,571 units (the "Units") at a price of $0.07 per Unit. Each Unit is comprised of one common share and one share purchase warrant exercisable at a price of $0.10 per share for a period of five years from the date of issuance. Insiders of the company will be participating in the financing.

Proceeds of the Private Placement will be used to fund the Company's general working capital purposes.

The Private Placement is subject to the approval of the TSX Venture Exchange.

To find out more about K9 Gold Corp. please contact Investor Relations at (604) 662-8184 or email at info@k9goldcorp.com.

K9 GOLD CORP.

"Kosta Tsoutsis"
Chair of the Board of Directors

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.

The Company is listed on the TSX Venture Exchange. 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.

Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding K9's intention to continue to identify potential transactions and make certain corporate changes and applications. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits K9 will obtain from them. These forward-looking statements reflect managements' current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including K9's inability to identify transactions having satisfactory terms or at all and the results of exploration or review of properties that K9 does acquire. These forward-looking statements are made as of the date of this news release and K9 assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/226640

FAQ

What is the price per unit in K9 Gold Corp.'s private placement announced on October 15, 2024?

K9 Gold Corp. announced a private placement of units priced at $0.07 per unit.

How many units is K9 Gold Corp. (WDFCF) offering in its private placement?

K9 Gold Corp. is offering 1,428,571 units in its private placement.

What is the exercise price and duration of the warrants included in K9 Gold Corp.'s (WDFCF) private placement units?

The warrants included in the units are exercisable at $0.10 per share for a period of five years from the date of issuance.

How will K9 Gold Corp. (WDFCF) use the proceeds from its $100,000 private placement?

K9 Gold Corp. will use the proceeds from the private placement to fund the company's general working capital purposes.

K9 GOLD CORP

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