Kalo Gold looks to raise C$2M in private placement

Kalo Gold ( TSXV: KALO:CA ) said it intends to conduct a private placement to raise up to C$2M. The firm said it will offer up to 40M units at C$0.05 apiece, and each unit will have one share and one share purchase warrant.

Each warrant will entitle the holder thereof to acquire an additional share at an exercise price of $0.08 apiece for a period of twenty-four months from the date of issuance. More on Kalo Gold Corp.



Financial information for Kalo Gold Corp..