Klondex today reports that the previously announced acquisition of the Midas mine and related ore milling facility located in the State of Nevada from a subsidiary of Newmont Mining Corporation has closed. The aggregate purchase price totaled approximately US$83 million, including a US$55 million payment to Newmont and US$28 million to replace the [...]
Klondex announces that in connection with the Company's brokered private placement of 29,400,000 subscription receipts for gross proceeds of C$42,630,000 completed on January 9, 2014 and the proposed $25 million private placement debt offering announced December 6, 2013, the Company will be seeking shareholder approval pursuant to the requirements [...]
RENO, NEVADA and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 20, 2014) - Klondex Mines Ltd. (TSX:KDX)(OTCQX:KLNDF), a Nevada gold exploration and development company, today announces assay results from its exploration drill program being conducted west of the main decline at its Fire Creek gold project near Elko, Nevada (Table 1). Drill hole [...]
RENO, NEVADA and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 14, 2014) - Klondex Mines Ltd. (TSX:KDX) (OTCQX:KLNDF), a Nevada gold exploration and development company, is pleased to announce additions to the Klondex team. John Marma joins as Chief Geologist and Lee Morrison joins as Safety Supervisor. In addition, Klondex will be exhibiting [...]
Further to its news release dated December 6, 2013 and its announcement to purchase the Midas mine and mill from Newmont Mining Corporation, Klondex Mines Ltd. is pleased to announce the closing of its private placement offering of subscription receipts. The Offering was upsized to gross proceeds of C$42,630,000 on the sale of 29,400,000 [...]
RENO, NEVADA and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 19, 2013) - Klondex Mines Ltd. (TSX:KDX)(OTCQX:KLNDF), a Nevada gold exploration and development company, today reports gold assays at its Fire Creek gold Project in Nevada, from surface drilling. The drilling suggests possible extensions of the current mineral resource model. Four [...]
Further to the news release dated December 6, 2013, Klondex is pleased to provide additional details on the gold purchase arrangement with Franco-Nevada Corporation. The indicative terms with Franco-Nevada include a US$35 million financing package to Klondex, consisting of a pre-paid gold purchase arrangement and a 2.5% NSR royalty on the Fire [...]
Further to the news release dated December 4, 2013, Klondex is pleased to provide a financing update in connection with the Company's proposed acquisition of the Midas mine and related ore milling facility. The financing is expected to include a gold financing package from Franco-Nevada Corporation in the amount of $35 million, a private placement [...]
Klondex is pleased to announce that it has entered into a definitive agreement to acquire the Midas mine and related ore milling facility located in the State of Nevada for approximately US$83 million from a subsidiary of Newmont Mining Corporation. The purchase price, which is subject to customary adjustments, is comprised of approximately US$55 [...]
Klondex Mines is pleased to announce that it has obtained a receipt for its final short form prospectus dated November 14 filed with the securities regulatory authorities in each of the provinces of Canada, except Quebec. The Prospectus qualifies the distribution of 14,200,000 common shares of the Company issuable upon the deemed exercise of [...]
RENO, NV and VANCOUVER, BC--(Marketwired - Nov 15, 2013) - Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF), a Nevada gold exploration and development company, is pleased to announce that Barry Dahl has been appointed Chief Financial Officer. Mr. Dahl joins Klondex effective today, after being CFO of Argonaut Gold Inc. for nearly four years. He [...]
As a result of a review by the British Columbia Securities Commission, Klondex Mines is issuing the following news release to clarify its disclosure. All non-compliant technical disclosure has been removed from the Company's website in respect of the Company's Fire Creek project in Nevada (the "Fire Creek Project") in accordance with National [...]