Gold and base metal projects

Search documents
K9 Gold Corp. Closes $400,000 Private Placement Financing
Newsfileยท 2025-08-13 20:31
Core Viewpoint - K9 Gold Corp. has successfully closed a non-brokered private placement, raising a total of $400,000 through the issuance of units, which will be utilized for general working capital and exploration activities [1][4]. Group 1: Offering Details - The Offering consisted of 4,000,000 units priced at $0.10 each, with each unit comprising one common share and one common share purchase warrant [2]. - Each warrant allows the holder to purchase an additional common share at $0.15 for three years from the issuance date [2]. - Finder's fees totaling $4,000 were paid in connection with the Offering [2]. Group 2: Insider Participation - Insiders subscribed for a total of $40,000 worth of units, which is classified as a "related party transaction" but is exempt from formal valuation and minority shareholder approval requirements [3]. Group 3: Regulatory and Compliance Information - All securities issued under the Offering are subject to a statutory hold period that expires on December 14, 2025, in accordance with applicable securities laws [3]. Group 4: Company Overview - K9 Gold Corp. is focused on advancing its portfolio of gold and base metal projects in North America, emphasizing responsible exploration and long-term shareholder value [5].