Klondike Gold Corp. announced a private placement of flow-through units at a price of CAD 0.09 per unit and non flow-through unit at a price of CAD 0.08 per unit for the gross proceeds of CAD 750,000 on November 27, 2023. The flow through and non flow through units will consist of one common share and one share purchase warrant.

Each share purchase warrant will entitle the holder to purchase one common share at a price of CAD 0.18 for a period of two years from the date of issuance. The financing may close in tranches. The securities issued in connection with the financing are subject to TSX Venture Exchange approval, and all securities will be subject to a four-month-and-one-day statutory hold period after the date of closing.