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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 exploration for low sulphidation epithermal gold deposits on the Vatu Aurum Project located on the island of Vanua Levu (North Island) in the Republic of Fiji and the AxelGold Property, an alkaline gold system, located in British Columbia. The Vatu Aurum Gold Project covers an area of approximately 367 square... 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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