Knick Exploration Inc. Completes Non-Brokered Private Placement Totaling $70,000

Knick Exploration (TSXV:KNX) announced that it has held a closing of its previously announced private placement by issuing 70 flow‑through units at a price of $1,000 per flow‑through unit, for proceeds to Knick of $70,000. Each flow-through unit is comprised of 16,000 common flow-through shares, 4,000 common shares and 20,000 common share purchase warrants.
Knick will use the proceeds from the placement of common flow‑through shares for gold exploration work on Knick’s East-West Property. The net proceeds from the common shares will be use as working capital of Knick.
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