Kalo Gold Holdings Corp. (TSXV:KALO) announced a non-brokered private placement of a minimum of 10,000,000 shares at a price of CAD 0.20 per share for minimum gross proceeds of CAD 2,000,000 on September 30, 2020. The company may pay finder's fees in connection with the transaction. All securities issued in the transaction will be subject to a statutory hold period of four months and one day from the closing.