Klondike Gold Corp. announced a non-brokered private placement of up to 9,444,444 units at a price of CAD 0.09 per unit for the gross proceeds of CAD 850,000 on May 14, 2024. Each unit will consist of one common share and one share purchase warrant.

Each full warrant will entitle the holder to purchase one common share at a price of CAD 0.15 per common share for a period of twenty-four (24) months from the date of issuance. The securities issued in connection with the financing are subject to TSX Venture Exchange approval and all securities will be subject to a four-month and one day statutory hold period in accordance with applicable securities laws and the policies of the TSX Venture Exchange.