Klondike Silver Corp. announced a non-brokered private placement of up to 10,000,000 units at an issue price of CAD 0.05 per unit for gross proceeds of CAD 500,000 on June 6, 2023. Each unit will consist of one common share and one share purchase warrant, with each warrant exercisable for a period of 3 years from the closing at a price of CAD 0.075 per share.

All units are subject to a four-month hold period from the date of issuance. The offering is subject to TSX Venture Exchange final acceptance.