Klondike Silver Corp. closes Private Placement and Provides Exploration Update
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 Corp. closes Private Placement and Provides Exploration Update
December 12, 2018 - Vancouver, Canada – Klondike Silver Corp. ( the “Company”) (TSX.V:KS) is
pleased to announce the closing of the private placement first announced August 21. Total gross
proceeds are $1,051,750. Tranche one closed September 7 for gross proceeds of $840,000 and tranche
two closed December 10 for gross proceeds for $ 211,750. The net proceeds will be used for advancing
properties and for general working capital. Cash compensation totaled $78,500. All Units are subject to
a four-month hold period from the date of issuance. Completion of the Private Placement is subject to
the approval of the TSX Venture Exchange.
Klondike Silver also announces the first phase of drifting will be finished shortly. The next step is the
creation of a drill station. Exploration drilling will commence in January 2019.
About Klondike Silver
Klondike Silver’s Royalty Free ZINC SILVER LEAD land package (100 km 2) is located in the S LOCAN
MINING CAMP (Southeast British Columbia – 138 km North of Teck’s Zinc Silver Lead 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 Zinc Silver Lead 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 Zinc S ilver Lead camp in Canada. For additional information please visit the company
website www.klondikesilver.com.
The scientific and technical disclosure in this news release has been reviewed and approved by David Makepeace,
P.Eng., Senior Geologist – Environmental Engineer for Micon International Limit ed, who is an independent
consultant to the Company and Qualified Person as defined in NI 43-101.
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
CEO, President and Director
This news release contains certain forward looking statements which involve known and unknown risks, delays, and uncertaintie s
not under the control of Klondike Silver Corp. which may cause actual results, performance or achievements of Klondike Silver
Corp. to be materially different from the results, performance or expectation implied by these forward looking statements. By t heir
nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that wi ll or
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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
may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand
and pricing, currency exchange rates, and, but not limited to, general economic factors.
Neither the TSX Venture Exchange n or 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.