2023-07-27 09:23:05 ET
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K2 Gold ( TSXV: KTO:CA ) ( OTCQB:KTGDF ) said Thursday it plans to raise C$1.2 million through a non-brokered private placement.
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The private placement consists of national charity flow-through shares offered at C$0.16 per charity FT share.
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The gross proceeds of the offering will be used for a reverse circulation drill program at the Wels Gold Project in Yukon, anticipated to begin at the beginning of September.
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The offering is expected to close on or about August 15, 2023.
For further details see:
K2 Gold plans for C$1.2M private placement