Klondike Gold Corp. Secures $508,500 Through Private Placement

Klondike Gold Corp., a Vancouver-based exploration company, successfully closed a non-brokered private placement, raising $508,508.95. This financing round included $208,508.95 raised through the issuance of flow-through shares. Specifically, the company offered 3,207,830 flow-through shares at $0.065 each, along with 5,000,000 units priced at $0.06 per unit. Each unit consists of one common share and one share purchase warrant.

The share purchase warrants are exercisable at $0.10 per share until December 27, 2026. The securities are subject to a holding period expiring on April 28, 2025. An insider participated in this placement, acquiring 900,000 flow-through shares and 1,250,000 units, triggering related party transaction protocols but exempted from certain regulatory requirements.

Proceeds will fund ongoing exploration in Yukon properties and general corporate purposes.