K9 Gold Corp. Closes First Tranche of Private Placement and Announces Proposed Name Change to Americore Resources Corp.

Core Points - K9 Gold Corp. has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of $865,000 by issuing 3,460,000 units at a price of $0.25 per unit [1][2] - Each unit consists of one common share and one common share purchase warrant, with warrants allowing the purchase of additional shares at $0.35 for two years, expiring on October 30, 2027 [2] - The company plans to change its name to Americore Resources Corp., pending approval from the TSX Venture Exchange [4] Financial Details - The total gross proceeds from the private placement amount to $865,000 [2] - The company paid finders' fees of $13,000 in cash and issued 52,000 finder warrants, also exercisable at $0.35 for two years [3] Company Overview - K9 Gold Corp. is focused on mineral exploration in North America, with its primary asset being the Trinity Silver Project in Nevada, covering approximately 14,523 acres [5]