Klondike Silver Opens Private Placement
804-750 WEST PENDER STREET
VANCOUVER, B.C. CANADA V6C 2T7
TELEPHONE: 604-682-2928
FAX: 604-685-6905
Our Vision: Silver/Zinc/Lead Production WWW.KLONDIKESILVER.COM
TSX-V: KS FRA: K1SN
KLONDIKE SILVER OPENS PRIVATE PLACEMENT
June 6, 20 23 - Vancouver, Canada – Klondike Silver Corp. (the “Company”) (TSX.V: KS)
announces that it is raising up to $ 500,000 through a non -brokered private placement (the “ Offering”)
of up to 10,000,000 units at a price of $0.05 per unit. Each unit will consist of one common share and
one share purchase warrant, with each warrant exercisable for a period of 3 years from the closing at a
price of $0.0 75 per share. Subject to certain limitations discussed below, t he Offering is open to all
existing shareholders of the Company. 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 Offering is subject to TSX
Venture Exchange ("TSXV") final acceptance.
Private Placement participation is available under Prospectus Exemptions which includes the Accredited
Investors Exemption and the Existing Shareholder Exemption. Subscribers purchasing Units under the
Existing Shareholder Exemption must be a Shareholder of the Company on or before June 5, 2023
(Record Date) and at date of issuance and participation cannot exceed $15,000.
The net proceeds will be used for advancing the Sandon B.C. project, located 138 KM north of the Trail
B.C. smelter, and for general working capital.
About Klondike Silver
Klondike’s Silvana Mine Silver Zinc Lead project is located in South Eastern B.C.
Klondike’s 114 square kilometer claim block is 138 km north of the Trail B.C. smelter.
Klondike Silver is exploring from underground, along the 9 km “Main Lode”. The “Main Lode”
is the most prolific mineralized structure in the Slocan Mining Camp.
There are 13 past producing mines that are situated along the “Main Lode” which have
produced 886,000 kg of sil ver, 95 million kg of zinc and 117 million kg lead so far. (source: BC
MINFILE).
There are 67 past producing mines that are situated in Klondike Silver’s 11 4 square kilometer
claim block. (source: BC MINFILE).
On Behalf of the Board of Directors
KLONDIKE SILVER CORP
“Thomas J. Kennedy”
CEO and Director
804-750 WEST PENDER STREET
VANCOUVER, B.C. CANADA V6C 2T7
TELEPHONE: 604-682-2928
FAX: 604-685-6905
Our Vision: Silver/Zinc/Lead Production WWW.KLONDIKESILVER.COM
TSX-V: KS FRA: K1SN
Additional information can be found on Klondike Silver’s website: www.klondikesilver.com
Neither the TSX Venture Exchange nor its Regulation Services Provi der (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has not
reviewed the content of this news release and therefore does not accept responsi bility or liability for the adequacy or
accuracy of the contents of this news release.
Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute “ forward-looking information” under applicable Canadian
securities legislation. Forward -looking information includes, but is not limited to, statements about strategic plans, future
work programs and objectives and expected results from such work programs. Forward -looking information necessarily
involve known and unknown risks, including, without limitation, risks associated with general economic conditions; inability
to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable
terms; and other risks.
Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered
reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and
future events to differ materially from those expressed or implied by such forward -looking information and the risks
identified in the Company’s continuous disclosure record. There can be no assurance that such information will prove to be
accurate, as actual results an d future events could differ materially from those anticipated in such information. Accordingly,
readers should not place undue reliance on forward -looking information. All forward -looking information contained in this
news release is given as of the date hereof and is based upon the opinions and estimates of management and information
available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any
forward-looking information, whether as a result of new information, future events or otherwise, except as required by law .