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

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New Klondike Exploration Ltd Announces $400,000 Proposed Private Placement Offering

Wednesday, 24 Apr 2013 02:50pm EDT 

New Klondike Exploration Ltd announced that proposed non-brokered private placement offering of units (the Offering) to qualified investors. The Offering will consist of up to 8,000,000 units of securities of the Company (each, a Unit) at a price of $0.05 per Unit, for aggregate gross proceeds of up to $400,000. 5,000,000 Units are being offered on a flow-through basis (each, a Flow-Through Unit) and 3,000,000 Units on a non-flow-through basis (each, a Non-Flow-Through Unit), or in such proportion and aggregate issue size as the Company may determine. Proceeds of the Offering will be used to fund an initial drilling and surface exploration program on the Company's Goldstorm Project in Ontario, for property maintenance costs and for general corporate purposes. 

Company Quote

27 Feb 2015