Sergei Stetsenko announces his direct and indirect holding of approximately 6% of the issued and outstanding shares of Kilo Goldmines Ltd. Mr. Stetsenko is the Chief Executive Officer and beneficial owner of CRG Finance AG, an investment company based out of Zug, Switzerland. As of the date hereof, Mr. Stetsenko, directly and through CRG Finance, owns and controls an aggregate of 10,192,300 common shares in the capital of [...]
Highlights - Resolute Mining Ltd. becomes a significant shareholder - Drilling to commence shortly at Adumbi, DRC TORONTO, ONTARIO--(Marketwired - Oct 27, 2016) - Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) has been advised that Resolute (Treasury) Pty Ltd. ("Resolute"), a wholly-owned subsidiary of Resolute Mining Ltd.,(RSG-ASX) has acquired all common shares of Kilo previously owned [...]
TORONTO, ONTARIO--(Marketwired - Aug 25, 2016) - Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) announced today that it has completed the final tranche of its previously announced non-brokered private placement of equity units ("Units") raising additional gross proceeds of $9,070,000 (for $10.0 million in total proceeds from both tranches). An additional $2.5 million placement to the previously [...]
TORONTO, ONTARIO--(Marketwired - Aug. 15, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) has been requested by the Investment Industry Regulatory Organization of Canada (IIROC) to comment on the recent increase in the trading volume and price of the Company's common shares on the TSX [...]
TORONTO, ONTARIO--(Marketwired - July 27, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL) (FRANKFURT:02K) announced today that it is proceeding with a non-brokered private placement of equity units ("Units") to raise up to $7,500,000 (the "Offering") of which it has completed a first tranche raising [...]
TORONTO, ONTARIO--(Marketwired - Jul 14, 2016) - Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) announced that the Democratic Republic of Congo ("DRC") Court of Commerce has dismissed an action initiated in 2014 by LA SOCIETE MINIERE DE L'ITURI SPRL claiming title to Kilo's Isiro properties located in north-eastern DRC. The Isiro properties have been the subject of a joint venture [...]
Kilo Goldmines announced today that, subject to regulatory approval, it has granted stock options to acquire an aggregate of 1,980,000 common shares to directors, officers, consultants and contractors of Kilo and its DRC subsidiaries under its Employee Stock Option Plan. Each option is exercisable for a ten year period to acquire one common share at a price of $0.09 per share. The options granted are not subject to [...]
TORONTO, ONTARIO--(Marketwired - Mar 10, 2016) - Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) announced that shareholders of the Company, at the annual and special meeting of shareholders held in Toronto earlier today, did not approve by the required majority the previously announced proposed joint venture with Randgold Resources (DRC) Limited in respect of the Company's Somituri [...]
TORONTO, ONTARIO--(Marketwired - Jan 19, 2016) - Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE:KGL) (FRANKFURT:02K) and Randgold Resources (DRC) Limited ("Randgold") are pleased to announce that they have signed a definitive agreement for a joint venture ("JV") on Kilo Goldmines' Somituri licences located in Democratic Republic of Congo ("DRC"). The purpose of the JV is to conduct exploration on the [...]
TORONTO, ONTARIO--(Marketwired - Dec. 24, 2015) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) announced today that it has completed its previously announced non-brokered private placement of equity units ("Units") raising gross proceeds of approximately $909,000 (the "Offering"). Due to [...]
TORONTO, ONTARIO--(Marketwired - Nov. 19, 2015) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Kilo Goldmines Ltd. (TSX VENTURE:KGL) (FRANKFURT:02K) ("Kilo" or the "Company") announced today that it intends to proceed with a non-brokered private placement of equity units ("Units") to raise gross proceeds of C$2,002,000, to a maximum of C$3,003,000, (the "Offering"). The [...]
TORONTO, ONTARIO--(Marketwired - Sep 23, 2015) - Kilo Goldmines Ltd. (TSX VENTURE:KGL)(FRANKFURT:02K) ("Kilo" or the "Company") is pleased to report the results of a BLEG (Bulk Leach Extractable Gold) stream sediment sampling program on its Imbo licence (PE9691) within the Ngayu Greenstone Belt. HIGHLIGHTS BLEG sampling in the eastern half of the Imbo licence area, previously unexplored by Kilo, indicates a [...]