Klondike Silver Private Placement Closing
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 PRIVATE PLACEMENT CLOSING
July 22, 2024 - Vancouver, Canada – Klondike Silver Corp. (the “Company”) (TSX.V: KS)
announces the closing of the private placement first announced April 10, 2024. The total gross proceeds
raised is $14,500 through this issuance of 290,000 units (“Unit”) at a price of $0.05 per each Unit. Each
unit will consist of one common share and one share purchase warrant, with each warrant exercisable
for a period of 5 years from the closing at a price of $0.05 per share in year one and two, then $0.08 per
share in years three, four and five. All Units are subject to a four -month hold period from the date of
issuance. No Commissions were paid on the funds raised. The Offering is subject to TSX Venture
Exchange (“TSXV”) final acceptance.
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 silver, 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 114 square kilometer
claim block. (source: BC MINFILE).
On Behalf of the Board of Directors
KLONDIKE SILVER CORP
“Thomas J. Kennedy”
CEO and Director
Additional information can be found on Klondike Silver’s website: www.klondikesilver.com
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
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 accura cy of this release. The TSX Venture Exchange has not
reviewed the content of this news release and therefore does not accept responsibility 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, futu re
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 suf ficient 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 Co mpany’s continuous disclosure record. There can be no assurance that such information will prove to be
accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly ,
readers should not place u ndue 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 he reof. 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 .