Klondike Closes $3,516,726 Private Placement
3123 – 595 BURRARD STREET
VANCOUVER, B.C. CANADA V7X 1J1
TELEPHONE: 604-609-6138
FAX: 604-609-6145
WWW.KLONDIKEGOLDCORP.COM
Klondike Closes $3,516,726 Private Placement
November 17, 2021 TSX Venture Exchange Symbol – KG
Vancouver, British Columbia, Canada, November 17, 2021, Klondike Gold Corp. (TSX.V: KG; FRA: LBDP;
OTC: KDKGF) (“Klondike Gold” or the “Company”) is pleased to announce that further to its news release
of October 25, 2021, the Company has closed the second tranche (the “Second Tranche”) of the non-
brokered private placement (the “Financing”) raising total aggregate proceeds of $3,516,726.55 of which
$2,395,000 are flow through funds.
The Second Tranche
In closing the Second Tranche, The Company issued 2,300,000 flow-through units at the price of $0.20 per
unit, comprising of 2,300,000 common shares which are “flow through” shares for Canadian i ncome tax
purposes and 1,150,000 warrants. The Company further issued 4,650,716 non-flow-through units at a
price of $0.175 per unit, comprising of 4,650,716 common shares and 2,325,358 warrants.
In connection with the completion of the Financing, the Company paid finder’s fees totalling $129,832.58
and has issued 661,329 warrants (the “Compensation Warrants”).
All warrants issued in the Second Tranche and the Compensation Warrants are exercisable at a price of
$0.25 per share until November 17, 2023.
All securities issued in connection with the Second Tranche and the Compensation Warrants are subject
to TSX Venture Exchange approval and all securities will be subject to a four month and one day statutory
hold period expiring on March 18, 2022.
The Company intends to use the proceeds from the private placement to continue exploration and
development of the Company’s Yukon properties, as well as for general working capital.
Peter Tallman, President and CEO of Klondike Gold stated “I would like to acknowledge and thank the
Company’s shareholders for their continued financial support and long-term confidence. The Company is
well funded for its operations through 2022.”
ABOUT KLONDIKE GOLD CORP.
Klondike Gold Corp. is a Vancouver based gold exploration company advancing its 100% -owned
Klondike District Gold Project located at Dawson City, Yukon Territory, one of the top mining
jurisdictions in the world. The Klondike District Gold Project targets gold associated with district
scale orogenic faults along the 55 -kilometer length of the famous Klondike Goldfields placer
Page 2 of 2
district. To date, multi- kilometer gold mineralization has been identified at both the Lone Star
Zone and Stander Zone, among other targets. The Company is focused on exploration and
development of its 586 square kilometer property accessible by scheduled airline and
government-maintained roads located on the outskirts of Dawson City, YT within the Tr’ondëk
Hwëch’in First Nation traditional territory.
ON BEHALF OF KLONDIKE GOLD CORP.
“Peter Tallman”
President and CEO
(604) 609-6138
E-mail: [email protected]
Website: www.klondikegoldcorp.com
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
“This press release contains “forward-looking information” and “forward-looking statements” within the meaning of
applicable securities laws. This information and statements address future activities, events, plans, developments
and projections. All statements, other than statements of historical fact, constitute forward- looking statements or
forward-looking information. Such forward- looking information and statements are frequently identified by words
such as “may,” “will,” “should,” “anticipate,” “plan,” “expect,” “believe,” “estimate,” “intend” and similar
terminology, and reflect assumptions, estimates, opinions and analysis made by management of Klondike in light of
its experience, current conditions, expectat ions of future developments and other factors which it believes to be
reasonable and relevant. Forward- looking information and statements involve known and unknown risks and
uncertainties that may cause Klondike’s actual results, performance and achievements to differ materially from those
expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not
be placed thereon.
Risks and uncertainties that may cause actual results to vary include but are not limit ed to the availability of
financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations,
including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other
risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and
Analysis and in other filings made by us with Canadian securities regulatory authorities and available at
www.sedar.com. Klondike disclaims any obligation to update or revise any forward- looking information or
statements except as may be required.”