Klondike Gold Corp. Completes $1.86 Million Private Placement

Klondike Gold Corp., based in Vancouver, has concluded a non-brokered private placement, raising $1,857,508, including $130,008 through flow-through financing. The closing involved the issuance of 1,083,400 flow-through shares at $0.12 each and 17,275,000 units priced at $0.10 per unit. Each unit comprises one common share and one purchase warrant.

Warrants issued are exercisable at $0.12 per share until September 2027. The securities carry a statutory hold period until January 2026. Insider participation led to the acquisition of 703,400 flow-through shares and 1,000,000 units, bypassing major financial regulations as certain thresholds were not exceeded.

Proceeds are earmarked for Yukon property exploration and general working capital. No change in control emerged from the transaction.