- K2 Gold (OTCQB:KTGDF) (KTO:CA) increases size of private placement financing to 20M units at a price of C$0.15 per unit, aggregate gross proceeds of C$3M.
- Each unit will consist of one common share and common share purchase warrant. Each Warrant will be exercisable to acquire one Share at a price of C$0.30 per share for a period of 24 months from the date of issuance.
- Proceeds raised from the offering for exploration and advancement work on the company's Si2 Gold project located in Esmeralda County, Nevada, USA, ongoing permitting at the Mojave project, as well as for general working capital.