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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