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Bullboard - Stock Discussion Forum Kalo Gold Corp V.KALO

Alternate Symbol(s):  KLGDF

Kalo Gold Corp. is a Canada-based gold exploration company. The Company is focused on several low sulphidation epithermal gold systems located on the flagship 367 square kilometer (sq km) Vatu Aurum Gold Project located in the Republic of Fiji and the AxelGold Property, an alkaline gold system, located in British Columbia. The Vatu Aurum Gold Project covers 367 square kilometers (km2). The... see more

TSXV:KALO - Post Discussion

Kalo Gold Corp > $2M acceleration on phase 3 exploration
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Post by XeniaTechie on Jan 12, 2023 1:41pm

$2M acceleration on phase 3 exploration

Kalo Gold closes its second and final tranche of their non-brokered private placement raising total gross proceeds of $2.35M. A significant portion of this investment is led by Crescat Capital LLC and a foundation owned by Michael Gentile with Crescat now owning 13.5% and 11.8% of the company on a basic and fully diluted basis. https://www.accesswire.com/734893/Kalo-Gold-Closes-Non-Brokered-Private-Placement-Offerings-for-Gross-Proceeds-of-C2350000-With-Strategic-Investments-From-Crescat-Capital-LLC-and-Associate-Investors-and-a-Foundation-Owned-and-Controlled-by-Mr-Michael-Gentile-CFA
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