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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GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

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Message: Non-brokered placement

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Non-brokered placement

posted on Dec 26, 09 03:25PM

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

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 10, 2009:

Number of Shares: 2,142,000 flow-through shares
10,870,308 non flow-through shares

Purchase Price: $0.08 per flow-through share
$0.065 per non flow-through share

Warrants: 13,012,308 share purchase warrants to purchase 13,012,308 shares

Warrant Exercise Price: $0.10 for the first two years
$0.15 for the remaining three years

Number of Placees: 36 placees

Finders' Fees: $2,080 payable to Research Capital Corp.
$8,285 payable to PI Financial Corp.
$4,864 payable to Sylvia Tong Wang

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.