Kestrel Gold Inc V.KGC

Alternate Symbol(s): KSTBF

Energy Oil & Gas E&P

Kestrel Gold Inc. is a Canada-based exploration company. The principal business activities include the acquisition, exploration, and evaluation of mineral properties. The Company owns a 100% interest in the QCM Property, which is an orogenic gold target located in the Manson-Germanson placer district and the Fireweed Property located in the Babine Lake area, an advanced stage silver rich polymetallic epithermal target. The Company also owns a 100% interest in the KSD Property, which is an orogenic gold target located in the Yukon portion of the Tintina Gold Belt. The QCM property is 7,362 hectares covering an approximate 15-kilometre strike length of the Manson Fault Zone. QCM property has two main target areas on the property, Main Zone and 14 Vein, as well as numerous other mineralized showings. Fireweed is in central BC, northeast of the town of Smithers. King Solomon’s Dome is a topographical high point (1230m) in the Dawson Mining District in the Yukon Territory of Canada.

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Kestrel Gold Inc

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Post by gunfighteron Apr 30, 2021 8:20am

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Post# 33099800

Gold ,Yukon Financing Done

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CALGARY, AB / ACCESSWIRE /April 28, 2021 / Kestrel Gold Inc. (the "Corporation") (TSXV:KGC) announces that it closed its non-brokered private placement of a combination of Common Share Units and Flow-Through Units, as defined below (collectively the "Units"), and raised gross proceeds of $1,200,000.08 (the "Offering") as follows:

9,560,000 common share units ("Common Share Units") issued at a price of $0.10 per Common Share Unit for gross proceeds of $956,000. Each Common Share Unit consists of one common share ("Common Share") and one-half of one common share purchase warrant (each whole warrant called a "Warrant"), with each Warrant entitling the holder to acquire, for a period of 24 months from the date of issue at a price of $0.20 per common share for the first 18 months and at a price of $0.25 per common share thereafter; and