Big Cash Position $2.89 Million cash is 👑 As at June 30, 2022, the Company had cash of $2,869,404
In the current period, the Company’s increase in cash was mostly due to closing a private placement financing for proceeds of $1,995,000
Well Funded @Much Higher Levels...Good Stuff
K9 Gold closes $1.99-million private placement
2022-05-31 18:00 ET - News Release
Mr. Kosta Tsoutsis reports
K9 GOLD ANNOUNCES CLOSING PRIVATE PLACEMENT
K9 Gold Corp. has closed its non-brokered private placement, first announced on April 6, 2022, and amended on May 20, 2022.
The private placement consisted of 4,285,714 non-flow-through (NFT) units at a price of 14 cents per NFT unit for proceeds of $600,000 and 8,718,750 flow-through (FT) units at a price of 16 cents per FT unit for proceeds of $1,395,000. Each NFT and FT unit comprises one common share and one share purchase warrant, exercisable for a period of two years at a price of 20 cents per common share until May 25, 2024