Klondike Silver Announces Private Placement
Suite 804 – 750 West Pender Street T: 604.682.2928
Vancouver, B.C., V6C 2T7 Canada F: 604.685.6905
www.KlondikeSilver.com TSX.V: KS / FSE: K1SN
KLONDIKE SILVER ANNOUNCES PRIVATE PLACEMENT
August 27, 2018 - Vancouver, Canada – Klondike Silver Corp. (the “Company”) (TSX.V: KS) Further to the
news release issued on August 21, 2018 the announced private placement will also be open to Existing
Shareholders. The Company is raising up to $1,750,000 t hrough a non- brokered private placement (the
“Offering”) of up to 35,000,000 units at a price of $0.05 per unit. Each unit will consist of one common share and
one non- transferable share purchase warrant, with each warrant exercisable for a period of 5 years from the
closing at a price of $ 0.05 per share . The Offering is subject to TSX Venture Exchange ("TS XV") final
acceptance. All Units are subject to a four -month hold period from the date of issuance. Commissions may be
paid on a portion of the funds raised. The Company expects Insider(s) will be participating for more than 25% of
this private placement.
Existing Shareholder Exemption
Depending on demand and regulatory requirements, a portion of the Offering may be made in accordance with the
provisions of the existing shareholder exemption (the "Existing Shareholder Exemption") contained in
Multilateral CSA Notice 45 -313 and the various corresponding blanket orders and rules of participating
jurisdictions. In addition to conducting the Offering pursuant to the Existing Shareholder Exemption, the Offering
will also be conducted pursuant to other availab le prospectus exemptions, including sales to accredited investors,
family and close personal friends and business associates of directors and officers of the Company.
The Company has set August 17, 2018 as the record date for the purpose of determining ex isting shareholders
entitled to purchase Units pursuant to the Existing Shareholder Exemption. Subscribers purchasing Units under
the Existing Shareholder Exemption will need to represent in writing that they meet certain requirements of the
Existing Share holder Exemption, including that they were, on or before the record date, a shareholder of the
Company and are still a shareholder. The aggregate acquisition cost to a subscriber under the Existing
Shareholder Exemption cannot exceed $15,000 unless that subscriber has obtained advice from a registered
investment dealer regarding the suitability of the investment.
The net proceeds will be used for advancing the Sandon B.C. project, located 80 KM north of the Trail B.C.
smelter, and for general working capital.
For additional information please visit the company website www.klondikesilver.com
About Klondike Silver
Klondike Silver’s Royalty Free S ILVER LEAD ZINC land packag e (100 km2) is located i n the S LOCAN
MINING CAMP (Southeast British Columbia – 138 km North of Teck’s Silver Lead Zinc smelter (Trail B.C.)).
Based on the British Columbia MINFILE mineral database, sixty eight (68) of the one hundred and seventy three
(173) past producing Silver Lead Zinc mines in the Slocan Mining Camp are located in the Klondike Silver land
package. Klondike Silver has created the first real opportunity to invest in and properly explore a sizeable portion
of one of the most historic mining camps in British Columbia . Klondike likes to think of the Slocan as the last
best under explored Silver Lead Zinc camp in Canada. For additional information please visit the company
website www.klondikesilver.com.
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Suite 804 – 750 West Pender Street T: 604.682.2928
Vancouver, B.C., V6C 2T7 Canada F: 604.685.6905
www.KlondikeSilver.com TSX.V: KS / FSE: K1SN
CONTACT INFORMATION
Corporate Inquiries:
Dale Dobson: (604) 682-2928
Email: [email protected]
On Behalf of the Board of Directors
Klondike Silver Corp.
"Thomas Kennedy"
Thomas Kennedy, B.Comm., J.D.
CEO, Director
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.