King's Bay Announces $750,000 Non-Brokered Private Placements Financing

About this update from Lion Rock Resources Inc

King’s Bay Announces $750,000 Non-Brokered Private Placements Financing body { font-size: 11pt; } .nr-sub-head ul, .nr-body ul { list-style-type: disc !important; margin-left: 2em !important; } .nr-sub-head ol, .nr-body ol { margin-left: 2em !important; } .nr-body p, .nr-body {margin-bottom: 0px !important; margin-top: 0px !important; -webkit-margin-before: 0px !important; -webkit-margin-after: 0px !important; font-family: Arial !important; font-size: 11pt !important; } tbody { border-top: 0; } H1 {font-weight: bold; font-size: 16pt; } H2 {font-weight: bold; font-size: 12pt; } H3 {font-weight: bold; font-size: 11pt; } H1.nr-head { font-family: Trebuchet MS !important; font-size: 16pt !important; color: #3D86C6 !important; font-weight:bold !important; text-align:center !important; } H2.nr-sub-head {font-weight: bold !important; display: block !important; text-align: start !important; font-family: Arial !important; font-size: 12pt !important; } .nr-body a { font-size: 11pt !important; } TABLE { width: auto!important; } King’s Bay Announces $750,000 Non-Brokered Private Placements Financing Not For Distribution to United States Newswire Services nor For Dissemination in the United States Winnipeg, Manitoba (FSCwire) - King’s Bay Gold Corporation (the “Company”) (TSXV: KBG) (FSE: KGB1) (the “Company” or “King’s Bay”) is pleased to announce a non-brokered, non-flow through private placement financing for gross proceeds of $500,000 (the “NFT Private Placement”) and a non-brokered, flow-through private placement financing for gross proceeds of $250,000 (the “FT Private Placement”) (collectively, the “Private Placements”).   The NFT Private Placement will consist of the issuance of 5,000,000 units of the Company (each, a “Unit”), at $0.10 per Unit for gross proceeds of $500,000, with each Unit consisting of one common share of the Company and one non-transferable common share purchase warrant (a “Warrant”).  Each Warrant will entitle the holder to purchase one common share of the Company at a price of $0.15 for a period of 24 months following the closing date.   The FT Private Placement will consist of the issuance of 2,000,000 flow-through shares of the Company (each, a “FT Share”), at $0.125 per...

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