Eric Sprott has just bought into KNCSprott has just done a non brokered deal for 2 1/4 million dollars at 0.30/per share plus attached warrants Good for more intensive drilling but dilutes the existing shareholders holdings who paid more for their recent purchases.
This is the third deal in Newfoundland for Sprott who incidently made a fortune on Kirkand Lake's Fosterville mine.. Here is the news release.
https://stockhouse.com/news/press-releases/2021/05/04/k9-gold-announces-private-placement-for-up-to-2-25-million-with-participation