Klondike Gold Corp. (TSX-V:KG) plans to raise up to $750,000 through a non-brokered private placement.
The flow-through placement, priced at $0.09 per unit, involves the sale of flow-through units comprising one common share and one share purchase warrant. The Non-Flow-Through Placement, priced at $0.08 per unit, includes one share and one warrant.
Each warrant allows the purchase of one common share at $0.18 within a two-year period.
The financing may close in tranches, and proceeds will be used for exploration, development of Yukon properties, and general working capital.