New Klondike Exploration Ltd. announced that it entered in a private placement through the issue of 4,628,571 common shares at a price of CAD 0.007 per common share for gross proceeds of approximately CAD 32,400 on December 12, 2022. The transaction included participation from individual investor Neil Pettigrew for 1,428,571 common shares. The common shares issued in connection with the transaction is subject to a four month hold period from the date of issuance.