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Kalo Gold Announces Closing Of $2 Million Brokered Private Placement Financing

Dec 10, 2021•over 3 years ago

Amount Raised

$2 Million

Round Type

seed

Vancouver

Description

KALO GOLD CORP. (TSXV:KALO) ("Kalo", "Kalo Gold", or the "Company"), is pleased to announce that further to its news release dated November 9, 2021, the Company has closed its brokered private placement of common shares (the "Shares") for gross proceeds of $2 million (the "Private Placement"). Cormark Securities Inc., acted as sole agent (the "Agent") in the Private Placement pursuant to an agency agreement dated December 10, 2021 between the Company and the Agent.

Company Information

Company

Kalo Gold

Location

Vancouver, Washington, United States

About

Kalo Gold is a mineral exploration company focused on the Vatu Aurum gold project on Fiji's north island, Vanua Levu. Kalo holds two mineral exploration licenses covering 36,700 hectares of land and on trend with many of the largest gold deposits in the world in the Southwest Pacific Ring of Fire. On behalf of Kalo Gold Corp. Fred TejadaChief Executive Officer and Director For more information contact, please contact Kevin Ma, President and Director, at info@kalogoldcorp.com or +1-604-363-0411.