Klondike Silver Corp. has assembled a quality portfolio of silver and silver-rich polymetallic properties in historic mineral districts of North America, and is applying advanced exploration technologies to add value to these core assets.
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April 09, 2015
KLONDIKE SILVER ANNOUNCES PROPOSED PRIVATE PLACEMENT
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April 9, 2015 - VANCOUVER, Canada -- Klondike Silver Corp. (the "Company") (TSX.V: KS) announces that it proposes to raise up to $500,000 through a non-brokered private placement (the "Private Placement") of up to 20,000,000 units at a price of $0.025 per unit. Each unit will consist of one common share and one non-transferable share purchase warrant, with each warrant exercisable for a period of four years from the closing at a price of $0.07 per share. Finders' fees may be paid on a portion of the funds raised.
Completion of the Private Placement is subject to the approval of the TSX Venture Exchange.
The net proceeds will be used for advancing the Sandon B.C. project, located 80 KM north of the Trail B.C. smelter, and for general working capital.
For additional information please visit the company website www.klondikesilver.com.
CONTACT INFORMATION
Corporate Inquiries:
Dale Dobson: (604) 336-7766
Email: dale.dobson@klondikesilver.com
On Behalf of the Board of Directors
Klondike Silver Corp.
"Thomas Kennedy"
Thomas Kennedy
CEO, President and Director
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