Private Placement
KLONDIKESILVER.com
KS : TSX.V K1SN : FSE
804 – 750 West Pender St. Vancouver, B.C. Canada, V6C 2T7 T: 604.682.2928
PRIVATE PLACEMENT
April 15 , 2020 - Vancouver, Canada – Klondike Silver Corp. (the “Company”) (TSX.V: KS)
announces that the Company has completed a private placement. The Company raised $50,000 through a
non-brokered private placement of 1,000,000 units at a price of $0.05 per unit. Each unit consist s 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. All Units are subject to a four -month and
one-day hold period from the date of issuance. The net proceeds will be used for general working
capital. Closing of the Private Placement is subject to TSX Venture Exchange ("TSXV") acceptance.
About Klondike Silver
Klondike’s Silvana Mine Silver Lead Zinc project is located in South Eastern B.C., 138 km north of
the Trail B.C. smelter. The Company is actively exploring from underground, the western extension of
the Silvana Mine, along the “ Main Lode”. The “Main Lode” is a 9 km vein structure which is the most
prolific mineralized structure in the Slocan Mining Camp. There are 13 historical mines that are situated
along the 9 km vein str ucture which has produced 886,000 kg of silver, 117 million kg lead and 95
million kg of zinc so far (source: BC MINFILE).
Additional information can be found on the Company website: www.klondikesilver.com
On Behalf of the Board of Directors Contact Information
Klondike Silver Corp. Corporate Inquiries:
"Thomas Kennedy" Dale Dobson: (604) 682-2928
Thomas Kennedy, B.Comm., J.D. Email: [email protected]
CEO, Director
This news release may contain certain forward looking statements which involve known and unknown risks, delays, and
uncertainties 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 lookin g
statements. By their nature, forward lookin g statements involve risk and uncertainties because they relate to events and
depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, indus try
production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors.
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.