Klondike Silver Corp. announces that it has arranged a fully committed non-brokered private placement of 8,620,000 shares at a price of $0.13 per share for total gross proceeds of $1,120,600. All shares are subject to a four-month hold period from the date of issuance. Commissions may be paid on the funds raised. The net proceeds will be used for [...]
Klondike Silver Corp. announces that pursuant to its stock option plan, the Company has granted incentive stock options to directors, officers, employees and consultants to purchase a total of 16,000,000 common shares in the capital stock of the company, exercisable for a period of 30 months, at a price of $0.15 per share. About Klondike Silver [...]
Klondike Silver Corp. wishes to report that underground drifting has commenced at the Company’s 100% owned 116 square km Silvana Mine property located in the Slocan Mining Camp 15 kilometers from New Denver and 138 kilometers north of the smelter in Trail, British Columbia. Klondike Silver continues drifting the eastern portion of the SILVER MILE [...]
Klondike Silver Corp. At the request of IIROC, Klondike Silver wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity. About Klondike Silver Klondike’s Silvana Mine Silver Zinc Lead project is located in South Eastern B.C., 138 km [...]
Klondike Silver Corp. is pleased to announce the closing of the private placement first announced July 31. The total gross proceeds raised over all three tranches is $1,434,000. The third and final tranche is closing raising gross proceeds of $503,000 through the issuance of 10,060,000 units at a price of $0.05 per each Unit. Each Unit will be [...]
Klondike Silver Corp. a second tranche is closing raising gross proceeds of $415,000 through the issuance of 8,300,000 units at a price of $0.05 per each Unit. Each Unit will be comprised of one common share and one-half of one share purchase warrant . Each whole Warrant is exercisable to purchase one common share of the Company at a price of $0.10 [...]
Klondike Silver Corp. is pleased to announce that Mr. Laurence A. Smoliak has been appointed Chief Financial Officer of the Company. Mr. Smoliak is a Chartered Public Accountant with over 40 years experience in public practice and industry. He has broad experience in finance and management, international business experience and has held senior [...]
Klondike Silver Corp. further to the July 30 news release announcing a non-brokered private placement the exchange has granted an extension to October 14, 2020. A first tranche is closing raising gross proceeds of $516,000 through the issuance of 10,320,000 units at a price of $0.05 per each Unit. Each Unit will be comprised of one common share and [...]
Klondike Silver Corp. announces a non-brokered private placement to raise up to $1,500,000 through the issuance of 30,000,000 units at a price of $0.05 per each Unit. Each Unit will be comprised of one common share and one-half of one share purchase warrant. Each whole Warrant is exercisable to purchase one common share of the Company at a price of [...]
Klondike Silver Corp. has arranged a loan with a non-related party , pursuant to which the Lender has agreed to loan Cdn$45,000 to the Company. The loan bears interest at 1.5% per month and is repayable in one year. In consideration for the loan, the Company has also agreed to issue 257,142 bonus common shares, at a deemed price of $0.035 per [...]
Klondike Silver Corp. has received more and stronger assay results from the latest three Diamond Drill Holes. The following are the important intersections within the Main Lode and parallel structures. Hole Important Intersections Element Number From To Length Silver Lead Zinc K-1132 45.38 46.41 1.03 3.62 0.11 0.06 0.12 including 45.38 45.72 0.34 [...]
Klondike Silver Corp. announces that due to the continuing concerns with Covid-19 the Company is temporarily suspending the drifting/drilling program. About Klondike Silver Klondike's Silvana Mine Silver Lead Zinc project is located in South Eastern B.C., 138 km north of the Trail B.C. smelter. The Company is actively exploring from underground [...]
