Vancouver, British Columbia (FSCwire) - Klondike Gold Corp. (TSX.V:KG; FRA: LBDP) (“Klondike Gold” or the “Company”) has been advised of the recent acquisitions made by Frank Giustra and his related entities. Frank Giustra and his related entities will be filing on SEDAR an early warning report pursuant to the early warning requirements of applicable securities laws in Canada with respect to holdings in Klondike Gold Corp. (the “Issuer”).
Fiore Financial Corporation, a company owned and controlled by Frank Giustra purchased 135,500 shares of the Issuer. Prior to the acquisition of securities, Mr. Giustra owned directly and indirectly 9,641,664 common shares, representing 14.36% of the outstanding shares of the Issuer. As a result of the acquisition of securities described above, Mr. Giustra directly and indirectly owns in aggregate 9,777,164 common shares of the Issuer, representing 14.56% of the current issued and outstanding common shares of the Issuer.
Mr. Giustra and his related entities acquired these securities for investment purposes and as disclosed in the Early Warning Report accompanying this news release, may in the future acquire or dispose of securities of the Issuer, through the market, privately or otherwise, as circumstances or market conditions warrant.
For additional information, or for a copy of the early warning report filed in respect of the above transaction, please consult www.sedar.com.
ABOUT KLONDIKE GOLD CORP.
Klondike Gold Corp. is a Canadian exploration company with offices in Vancouver, British Columbia, and Dawson City, Yukon Territory. The Company is focused on exploration and development of its Yukon gold projects, accessible by government maintained roads located on the outskirts of Dawson City, YT, covering a district-scale 527 square kilometers of hard rock and 20 square kilometers of placer claims including “McKinnon Creek” featured on the Discovery Channel show “Gold Rush”.
