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David Collins
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I am an investor relations consultant with 25+ years experience steering IR strategy and outreach for over 100 companies across a range of industries. We launched Catalyst Global in early 2012 to serve as a platform for innovating the IR role to better address the radically different dynamics... More
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Catalyst Global LLC
  • $KDX / $KLNDF Secures $20mm Gold Loan to Fund Underground Program 0 comments
    Jul 14, 2010 1:35 PM | about stocks: KLNDF
    Vancouver, B.C. – July 14, 2010 - Klondex Mines Ltd. (TSX: KDX and OTC: KLNDF) is pleased to announce the execution of a financing Term Sheet with a New York based private investment firm whereby KDX will be entitled to draw down on a loan, at its option, a minimum of US$ 10 million to a maximum of US$ 20 million, for use in development of the Fire Creek property. This financing provides KDX the financial and operational flexibility to fund the development of its high grade Fire Creek property, without restrictions on operations. The financing is expected to close on or before August 31, 2010, subject to definitive documentation.

    Disclosure: IR Representative
    Themes: Gold, Nevada, Gold loan, funding Stocks: KLNDF
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