K9 Gold Announces Private Placement of up to 4,000,000 Units for Proceeds of up to $400,000
K9 Gold Corp. (OTCQB: WDFCF) has announced a private placement offering of up to 4,000,000 units at $0.10 per unit, potentially raising up to $400,000. Each unit consists of one common share and one share purchase warrant, with warrants exercisable at $0.15 per share for three years from issuance.
The proceeds will be allocated towards general working capital and exploration activities. Company insiders may participate in the placement, which remains subject to TSX Venture Exchange approval.
K9 Gold Corp. (OTCQB: WDFCF) ha annunciato un'offerta di collocamento privato fino a 4.000.000 di unità a 0,10$ per unità, con la possibilità di raccogliere fino a 400.000$. Ogni unità comprende un'azione ordinaria e un warrant di acquisto azioni, con i warrant esercitabili a 0,15$ per azione per tre anni dalla data di emissione.
I proventi saranno destinati al capitale circolante generale e alle attività di esplorazione. Gli insider della società potranno partecipare al collocamento, che è comunque soggetto all'approvazione della TSX Venture Exchange.
K9 Gold Corp. (OTCQB: WDFCF) ha anunciado una oferta privada de hasta 4,000,000 unidades a $0.10 por unidad, con la posibilidad de recaudar hasta $400,000. Cada unidad consiste en una acción común y un warrant de compra de acciones, con warrants ejercitables a $0.15 por acción durante tres años desde la emisión.
Los fondos se destinarán al capital de trabajo general y a actividades de exploración. Los directivos de la empresa pueden participar en la oferta, la cual está sujeta a la aprobación de la TSX Venture Exchange.
K9 Gold Corp. (OTCQB: WDFCF)는 단위당 0.10달러에 최대 4,000,000 단위의 사모 발행을 발표했으며, 최대 40만 달러를 조달할 수 있습니다. 각 단위는 보통주 1주와 주식 매수 워런트 1주로 구성되며, 워런트는 발행일로부터 3년간 주당 0.15달러에 행사할 수 있습니다.
조달 자금은 일반 운전자본 및 탐사 활동에 사용될 예정입니다. 회사 내부자들도 이번 발행에 참여할 수 있으며, 이는 TSX 벤처 거래소의 승인 대상입니다.
K9 Gold Corp. (OTCQB : WDFCF) a annoncé une émission privée pouvant atteindre 4 000 000 d’unités à 0,10 $ par unité, avec un potentiel de levée de fonds allant jusqu’à 400 000 $. Chaque unité comprend une action ordinaire et un bon de souscription d’action, ces bons étant exerçables à 0,15 $ par action pendant trois ans à compter de leur émission.
Les fonds seront alloués au fonds de roulement général et aux activités d’exploration. Les initiés de la société peuvent participer à cette émission, qui reste soumise à l’approbation de la TSX Venture Exchange.
K9 Gold Corp. (OTCQB: WDFCF) hat eine Privatplatzierung von bis zu 4.000.000 Einheiten zu je 0,10 $ angekündigt, womit möglicherweise bis zu 400.000 $ eingenommen werden. Jede Einheit besteht aus einer Stammaktie und einem Bezugsrecht (Warrant), wobei die Warrants für drei Jahre ab Ausgabe zu 0,15 $ pro Aktie ausgeübt werden können.
Die Erlöse werden für das allgemeine Betriebskapital und Explorationsaktivitäten verwendet. Insider des Unternehmens können an der Platzierung teilnehmen, die noch der Genehmigung durch die TSX Venture Exchange unterliegt.
- Potential to raise up to $400,000 for working capital and exploration
- Warrant exercise price of $0.15 represents 50% premium to unit price
- Three-year warrant term provides extended funding opportunity
- Offering price of $0.10 per unit may cause dilution to existing shareholders
- No specific allocation details provided for use of proceeds
West Vancouver, British Columbia--(Newsfile Corp. - August 5, 2025) - K9 Gold Corp. (TSXV: KNC) (FSE: 5GP0) (OTCQB: WDFCF) ("K9" or the "Company") is pleased to announce that it is engaging in a private placement (the "Private Placement") of up to 4,000,000 units (the "Units") at a price of
Proceeds of the Private Placement will be used to for general working capital purposes and exploration.
Insiders of the Company may be participating in the Private Placement.
The Private Placement is conditional upon the approval of the TSX Venture Exchange.
Kosta Tsoutsis
Director
K9 Gold Corp.
email: kosta@k9goldcorp.com
telephone: 604 808-9134
Brian Morrison
Chief Financial Officer and Director
K9 Gold Corp.
email: brian@k9goldcorp.com
telephone: 604 312-6910
The Company is listed on the TSX Venture Exchange.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding K9's intention to continue to identify potential transactions and make certain corporate changes and applications. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits K9 will obtain from them. These forward-looking statements reflect managements' current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including K9's inability to identify transactions having satisfactory terms or at all and the results of exploration or review of properties that K9 does acquire. These forward-looking statements are made as of the date of this news release and K9 assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/261368
FAQ
What are the terms of K9 Gold Corp's (WDFCF) August 2025 private placement?
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