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Provider: Reuters Investment Profile
Provider: GlobalData
Provider: GlobalData
Provider: GlobalData

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Kilo Goldmines Ltd announces proposed private placement

Tuesday, 25 Mar 2014 08:55am EDT 

Kilo Goldmines Ltd:To raise gross proceeds of a minimum of $5,000,000 and a maximum of $6,000,000.Offered at a price of $0.25 per unit.Expects to use the net proceeds to fund further exploration and development of its Somituri gold project in the Democratic Republic of Congo and for working capital and general corporate purposes.Dundee Capital Markets and Sprott Private Wealth LP and some of its affiliates (have agreed to act as finders. 

Company Quote

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22 Oct 2014