Klondike Gold Corp. (TSX.V:KG) (“Klondike Gold” or the “Company”) announces that the Company has entered into a lease agreement with Jerusalem Mining LLC (“Jerusalem Mining”) whereby Klondike Gold assigns to Jerusalem the rights and permits to placer mine on the McKinnon Creek property, Yukon. Under the terms of the lease agreement, Klondike Gold will receive from Jerusalem a direct 15% production royalty payable in raw [...]
Klondike Gold announces a non-brokered private placement of up to 4,000,000 flow through shares at a price of $0.20 per share for gross proceeds of $800,000 and up to 12,000,000 non-flow through units at a price of $0.18 per unit for gross proceeds of up to $2,160,000. Each non-flow through unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one [...]
Klondike Gold Corp. (TSX.V:KG) (“Klondike Gold” or the “Company”) announces that it has closed its acquisition of 46799 Yukon Inc., in consideration for the issuance of 6,435,000 common shares of the Company at a deemed price of $0.20 per share. 46799 Yukon Inc. is the holder of the other 50% interest in the joint venture on the Company's Indian River Property located in the Yukon Territory. As a result of the acquisition [...]
Klondike Gold announces that it has entered into an agreement with the shareholders of 46799 Yukon Inc., a private company, to acquire all of the outstanding shares of 46799 Yukon Inc. in consideration for the issuance of 6,435,000 common shares of the Company at a deemed price of $0.20 per share. 46799 Yukon Inc. is the holder of the other 50% interest in the joint venture on the Company's Indian River Property located [...]
Klondike Gold announces that the TSX Venture Exchange has approved a share consolidation of the outstanding share capital of the Company. On July 4, 2014, the Board of Directors approved a consolidation of the Company’s common shares on the basis of ten (10) pre-Consolidation common shares for one (1) post-Consolidation common share. The reasons for the Consolidation are to increase the Company's flexibility and [...]
Klondike Gold Corp. Announces Share Consolidation Vancouver, British Columbia (FSCwire) - Klondike Gold Corp. (TSX.V:KG) (“Klondike Gold” or the “Company”) announces that the TSX Venture Exchange has approved a share consolidation of the outstanding share capital of the Company. On July 4, 2014, the Board of Directors approved a consolidation (the "Consolidation") of the Company’s common shares on the basis of ten (10 [...]
Klondike Gold wishes to announce the completion of its acquisition of 71% of the outstanding shares of Klondike Star Mineral. In consideration for the shares of KSMC, Klondike Gold has issued 12,301,581 common shares. In the coming months the Company intends to complete its subsequent share acquisition transaction to acquire the remaining balance of the KSMC shares so that Klondike Gold will own 100% of KSMC. Klondike [...]
Klondike Gold has been informed by the depositary that as of June 13, 2014, a total of 49,165,463 common shares of Klondike Star Mineral, a private Delaware company, representing an aggregate of 71% of the outstanding KSMC Shares, had been validly tendered to Klondike Gold’s offer to acquire all of the outstanding KSMC Shares. The Offer has now formally expired and will not be extended. Upon completion of the KSMC Shares [...]
Further to its news release of March 24, 2014, and April 29, 2014, Klondike Gold is extending its offer to acquire a majority interest in the issued and outstanding shares of Klondike Star Mineral, a private Delaware company. Klondike Gold is offering each shareholder of KSMC the opportunity to exchange each share of KSMC held for 0.25 Klondike Gold shares. This offer to exchange is subject to shareholders of KSMC [...]
Further to its news release of March 24, 2014, Klondike Gold Corp. is extending its offer to acquire a majority interest in the issued and outstanding shares of Klondike Star Mineral, a private Delaware company. Klondike Gold is offering each shareholder of KSMC the opportunity to exchange each share of KSMC held for 0.25 Klondike Gold shares. This offer to exchange is subject to shareholders of KSMC tendering for [...]
Klondike Gold is pleased to announce that it is proceeding with its proposal to acquire a majority interest in the issued and outstanding shares of Klondike Star Mineral, a widely held, private Delaware company, announced in the Company's news release of March 1, 2012. Klondike Gold is offering each shareholder of KSMC the opportunity to exchange each share of KSMC they hold for 0.25 Klondike Gold shares. This Offer to [...]
Klondike Gold announces that shareholders approved all resolutions put before them at its Annual General and Special Meeting of Shareholders held on February 18, 2014, at the Company’s offices in Vancouver, British Columbia. All resolutions passed by votes greater than 92.86% of the voted shares, showing strong support from the shareholders voting in line with management. At the meeting shareholders voted to elect Peter [...]
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