Kilo Completes Final $3.6 Million of Brokered Private Placement

Gold Investing

Kilo Goldmines Ltd. (CVE:KGL) announced that it has completed the final tranche of its previously announced brokered private placement raising gross proceeds of Cdn$3,662,940, for an aggregate total of $5.0 million.

Kilo Goldmines Ltd. (TSXV:KGL) announced that it has completed the final tranche of its previously announced brokered private placement raising gross proceeds of Cdn$3,662,940, for an aggregate total of $5.0 million.

The press release is quoted as saying:

Kilo issued and sold today 18,314,700 units (“Units”) of the Company at a price of Cdn$0.20 per Unit, with each Unit comprised of one common share in the capital of Kilo and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to acquire one additional common share in the capital of Kilo at an exercise price of Cdn$0.30 per share until October 7, 2012.

Click here to access the entire press release

Click here to access Kilo Goldmines Ltd. Corporate Site

private placement
The Conversation (6)
Kevin Ratcliffe
Kevin Ratcliffe
06 Jul, 2011
Shame , Germany will be without power in the near future .talk about destroy your own economy . Germany will go backwards as a economic power house into the future . How stupid can you be , Germany you will look back at this decision and say in the near future how stupid we were to cut nuclear power . Good luck Germany ., no power no future . Boy it is so sad you listen to politicians like sheeple .
1 Reply
Kevin Ratcliffe
Kevin Ratcliffe
06 Jul, 2011
Shame , Germany will be without power in the near future .talk about destroy your own economy . Germany will go backwards as a economic power house into the future . How stupid can you be , Germany you will look back at this decision and say in the near future how stupid we were to cut nuclear power . Good luck Germany ., no power no future . Boy it is so sad you listen to politicians like sheeple .
1 Reply
Steve Attack
Steve Attack
06 Jul, 2011
If I lived in Germany, I would move to France, where the lights will still be on when the sun goes down and the wind is still.
Steve Attack
Steve Attack
06 Jul, 2011
If I lived in Germany, I would move to France, where the lights will still be on when the sun goes down and the wind is still.

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