K9 Gold Corp. Closes $400,000 Private Placement Financing
K9 Gold Corp. (OTCQB: WDFCF) has successfully completed its non-brokered private placement, raising $400,000 in gross proceeds. The company issued 4,000,000 units at $0.10 per unit, with each unit comprising one common share and one warrant. The warrants allow holders to purchase additional shares at $0.15 for a three-year period.
Company insiders participated in the offering with a $40,000 subscription. The securities are subject to a hold period until December 14, 2025. The proceeds will support general working capital needs and exploration activities.
K9 Gold Corp. (OTCQB: WDFCF) ha completato con successo un collocamento privato senza intermediari, raccogliendo $400.000 di proventi lordi. La società ha emesso 4.000.000 di unità a $0,10 per unità, ciascuna composta da un'azione ordinaria e da un warrant. I warrant consentono ai titolari di acquistare azioni aggiuntive a $0,15 per un periodo di tre anni.
Dirigenti della società hanno partecipato all'offerta con una sottoscrizione di $40.000. I titoli sono soggetti a un periodo di blocco fino al 14 dicembre 2025. I proventi saranno destinati al capitale circolante generale e alle attività di esplorazione.
K9 Gold Corp. (OTCQB: WDFCF) ha completado con éxito una colocación privada sin intermediarios, recaudando $400,000 en ingresos brutos. La compañía emitió 4.000.000 de unidades a $0.10 por unidad, cada unidad formada por una acción ordinaria y un warrant. Los warrants permiten a los tenedores comprar acciones adicionales a $0.15 durante un periodo de tres años.
Directivos de la compañía participaron en la oferta con una suscripción de $40,000. Los valores están sujetos a un periodo de retención hasta el 14 de diciembre de 2025. Los fondos se destinarán al capital de trabajo general y a actividades de exploración.
K9 Gold Corp. (OTCQB: WDFCF)가 중개인을 통하지 않는 사모 모집을 성공적으로 마쳐 총 $400,000의 총수익을 확보했습니다. 회사는 4,000,000단위를 단가 $0.10로 발행했으며, 각 단위는 보통주 1주와 워런트 1개로 구성됩니다. 워런트는 보유자가 향후 3년간 $0.15에 추가 주식을 매수할 수 있는 권리를 제공합니다.
회사 내부자들이 $40,000를 출자해 청약에 참여했습니다. 증권에는 2025년 12월 14일까지의 보호예수 기간이 적용됩니다. 조달금은 일반 운전자본 및 탐사 활동에 사용될 예정입니다.
K9 Gold Corp. (OTCQB: WDFCF) a finalisé avec succès un placement privé sans intermédiaire, levant 400 000 $ de produit brut. La société a émis 4 000 000 d'unités au prix de 0,10 $ par unité, chaque unité comprenant une action ordinaire et un warrant. Les warrants permettent à leurs détenteurs d'acheter des actions supplémentaires à 0,15 $ pendant une période de trois ans.
Des initiés de la société ont participé à l'opération par une souscription de 40 000 $. Les titres sont assujettis à une période de blocage jusqu'au 14 décembre 2025. Les fonds serviront au fonds de roulement général et aux travaux d'exploration.
K9 Gold Corp. (OTCQB: WDFCF) hat sein nicht über Makler abgewickeltes Privatplatzierungs-Angebot erfolgreich abgeschlossen und $400.000 Bruttoerlös erzielt. Das Unternehmen hat 4.000.000 Einheiten zu $0,10 pro Einheit ausgegeben; jede Einheit besteht aus einer Stammaktie und einem Warrant. Die Warrants berechtigen die Inhaber, innerhalb von drei Jahren weitere Aktien zu $0,15 zu erwerben.
Unternehmensinsider beteiligten sich mit einer Zeichnung in Höhe von $40.000. Die Wertpapiere unterliegen einer Haltefrist bis zum 14. Dezember 2025. Die Erlöse werden für den allgemeinen Betriebskapitalbedarf und Explorationsaktivitäten verwendet.
- Raised $400,000 in new capital for operations and exploration
- Insider participation demonstrates management confidence with $40,000 investment
- Three-year warrant term provides potential future funding at $0.15 per share
- Potential dilution from 4,000,000 new units issued
- Additional dilution possible if warrants are exercised
West Vancouver, British Columbia--(Newsfile Corp. - August 13, 2025) - K9 Gold Corp. (TSXV: KNC) (FSE: 5GP0) (OTCQB: WDFCF) ("K9" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement (the "Offering") for total gross proceeds of
Under the Offering, the Company issued 4,000,000 units (the "Units") at a price of
In connection with the Offering, the Company paid finder's fees totaling
Insiders of the Company subscribed for an aggregate of
All securities issued under the Offering are subject to a statutory hold period expiring December 14, 2025, in accordance with applicable securities laws.
The net proceeds from the Offering will be used for general working capital and exploration activities.
About K9 Gold Corp.
K9 Gold Corp. is a mineral exploration company focused on advancing its portfolio of gold and base metal projects in North America. The Company is committed to responsible exploration and the creation of long-term shareholder value.
On behalf of the Board of Directors
K9 Gold Corp.
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/262357
FAQ
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