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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Message: New Financing

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New Financing

posted on Jul 09, 09 07:57PM

KLONDIKE SILVER CORP. ("KS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 9, 2009
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 25, 2009:

Number of Shares: 10,610,000 shares (of which 2,310,000 are flow-through)

Purchase Price: $0.06 per share

Warrants: 10,610,000 share purchase warrants to purchase 10,610,000 shares

Warrant Exercise Price: $0.10 for a two year period

Number of Placees: 8 placees

Finder's Fee: $4,800 payable to Union Securities Ltd.
$720 payable to Wolverton Securities Ltd.

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.

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