Klondike Gold Corp. announced a non-brokered private placement of flow-through units at a price of CAD 0.15, and non flow-through units at a price of CAD 0.10 for gross proceeds of CAD 1 million in a round of funding on November 28, 2022. Each flow-through unit consisting of one common share and one share purchase warrant.

Each non-flow through unit consisting 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 0.20 per common share for a period of 2 years from the date of issuance. A finder's fee on the gross proceeds of the Financing may be paid.

The transaction may close in tranches. The securities issued in connection with the transaction 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.