Private Placement Announcement
KLONDIKESILVER.com
KS : TSX.V K1SN : FSE
804 – 750 West Pender St. Vancouver, B.C. Canada, V6C 2T7 T: 604.682.2928
PRIVATE PLACEMENT ANNOUNCEMENT
July 30, 2020 - Vancouver, Canada – Klondike Silver Corp. (the “Company”) (TSX.V: KS)
announces a non-brokered private placement to raise up to $1,500,000 through the issuance of
30,000,000 units (“Unit”) at a price of $0.05 per each Unit. Each Unit will be comprised of one common
share and one -half of one share purchase warrant (a “Warrant”). Each whole Warrant is exercisable to
purchase one common share of the Company at a price of $0.10 per share for a period of 30 months from
the date of closing of the financing.
The private placement is subject to TSX Venture Exchange approval and all securities are subject to a
four month hold period. Finder’s fees will be payable in connection with the private placement s, all in
accordance with the policies of the TSX Venture Exchange. The net proceeds will be used for advancing
Klondike’s Sandon B.C. Silver Lead Zinc project, located 80 KM north of the Trail B.C. smelter, and for
general working capital.
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
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.