Klondike Gold Seeks $850K for Exploration

Klondike Gold (TSE:KG) has released an update.

Klondike Gold Corp. has launched a non-brokered private placement seeking to raise up to $850,000, offering over 9 million units at $0.09 each, with attached warrants to buy additional shares. The raised funds will support the company’s exploration efforts and drill programs at its 100%-owned Klondike District Gold Project in Dawson City, Yukon. The financing is contingent on regulatory approval and will be subject to a four-month hold period.

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