$7.4 Million Financing Announced by Kivalliq Energy

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A non-brokered private placement financing to raise CDN$7,410,000 was announced by Kivalliq Energy Corporation (TSXV:KIV).

As quoted in the press release:

The Company intends to raise the funds by issuing up to 16,000,000 common shares including 13,000,000 common shares at the price of CAD$0.45 per share and 3,000,000 common shares on a “flow-through” basis, pursuant to the Income Tax Act (Canada), at a price of CAD$0.52 per Flow-Through Share.

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