K92 Mining, Inc. Announces C$5,000,040 Marketed Offering
PRESS RELEASE
February 12, 2018
K92 MINING, INC. ANNOUNCES C$5,000,040 MARKETED OFFERING
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT
AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.
Toronto, Ontario. – February 12, 2018 – K92 Mining, Inc. ("K92" or “KNT” or the "Company") (TSX VENTURE:
KNT) is pleased to announce that it has entered into an agreement with Clarus Securities Inc. as lead agent on behalf
of a syndicate of agents (collectively, the “Agent s”), whereby the Agents will raise up to C$5 ,000,040 (the
“Offering”) through an Offering of up to 11,111,200 units of the Company (the “Units”) to be priced at C$0.45 per
Unit. Each Unit is comprised of one common share i n the capital of the Company (“ Common Share”) and one half
of one Common Share purchase warrant (“ Warrant”), with each Warrant entitling the holder to purchase one
Common Share at an exercise price of $0.65 for 18 months following the completion of the Offering.
The proceeds raised from the offering will be used by the company for the purchase of a gravity circuit for the
company’s processing facility at the Kainantu Gold Mine, exploration and development of the c ompany's mineral
properties and for general corporate purposes.
The Offering is scheduled to close on or about March 5, 2018, and is subject to certain conditions including, but not
limited to, the receipt of all necessary approvals of the TSX Venture Exchange. The securities to be issued under this
Offering will be offered by way of private placement exemptions in all the provinces of Canada. The Units to be
issued under this Offering will also be offered offshore, including in the United Kingdom pursuan t to applicable
exemptions and in the United States on a private placement basis pursuant to exemptions from the registration
requirements of the United States Securities Act of 1933, as amended.
The securities referred to in this news release have not be en, nor will they be, registered under the United States
Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account
or benefit of, U.S. persons absent U.S. registration or an applicable exemption f rom the U.S. registration
requirements. This release does not constitute an offer for sale of, nor a solicitation for offers to buy, any securities
in the United States. Any public offering of securities in the United States must be made by means of a pro spectus
containing detailed information about the issuer and its management, as well as financial statements.
About K92
K92 Mining Inc is focused on advancing the Kainantu Gold Mine , located in the Eastern Highlands province of
Papua New Guinea. The Kaina ntu property covers a total area of approx. 410 km 2 and was previously mined by
Highlands Pacific and Barrick Gold from 2006 -2009. K92 Mining Inc. was purpose built for the acquisition of the
Kainantu Gold Mine. In addition to targeting a move towards prod uction, K92 will focus on both expanding known
areas of mineralization and drilling high priority exploration targets. K92 is led by an experienced team of industry
professionals with substantial international expertise in mining, production start -ups, pr oduction re -starts, mineral
exploration, and finance.
For further information, please contact:
Mario Vetro
Investor Relations
+1 604 687 7130 ext. 200
www.k92mining.com
Neither 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.