KAMINAK GOLD CORPORATION V.KAM

Metals & Mining Gold

"Kaminak Gold Corp was incorporated on July 4, 2005 under the Business Corporations Act (British Columbia). The Company is an exploration stage company. It focuses on the acquisition, exploration and development of economic gold and other precious and base metal properties. The projects of the Company include Michigan Potash Project, Michigan. The Company is interested in exploration properties in Canada and the United States."

TSXV:KAM - Post by User

KAMINAK GOLD CORPORATION

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Post by Easy2Mineon Dec 10, 2012 11:14am

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Post# 20707563

KAM - Huge Rebound in PROGRESS

Kaminak Announces Closing of $12 Million Bought Deal Private Placement

Over-Allotment Option Fully Exercised

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 11, 2012) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Kaminak Gold Corporation (TSX VENTURE:KAM) ("Kaminak" or the "Company") is pleased to announce that the Company has closed the bought deal private placement financing (the "Offering") announced on September 17^th, 2012 and that the over-allotment option was fully exercised. The Company issued 4,810,000 Class A common shares, which qualify as "flow-through" shares for purposes of the Income Tax Act (Canada) (the "Shares") at a price of C$2.50 per Share for aggregate gross proceeds of C$12,025,000.