Klondike Gold Corp. Announces Private Placement
Vancouver, British Columbia CANADA, September 06, 2013 /FSC/ - Klondike Gold Corp. (KG - TSX Venture), is pleased to announce it is arranging for a private placement of up to 10 million units, for total proceeds of up to $500,000. The financing will consist of flow through and non-flow through units priced at $0.06 and $0.05 per unit respectively. Each of the units will consist of one flow-through or non-flow-through common share and one-half of one transferable share purchase warrant. Each full warrant shall entitle the holder to purchase one common share for three years at a price of $0.12 per share. The private placement is subject to regulatory approval. Proceeds will be used for exploration expenditures on the Company's Yukon, British Columbia, and Portugal properties and general working capital.
About Klondike Gold Corp.
Klondike Gold Corp. is a Canadian exploration company with offices in Vancouver, British Columbia and Dawson City, Yukon. The Company is focused on the development of its Yukon properties. In addition, the Company holds a large portfolio of gold and base metal properties in southeastern British Columbia and in Portugal.
CONTACT INFORMATION
Inquiries: Erich Rauguth, President & CEO
Telephone: (604) 685-2222
Email: info@klondikegoldcorp.com
To view this press release as a PDF, please click on the following link:
http://www.usetdas.com/pr/klondikegold09062013.pdf
Source: Klondike Gold Corp. (KG - TSX-V) http://www.klondikegoldcorp.com
Maximum News Dissemination by FSCwire. http://www.fscwire.com