K92 Mining is focused on advancing the Kainantu Gold Mine, located in the Eastern Highlands province of Papua New Guinea, towards production. Combined, the management team have been involved in building over 20 mines and $5 billion in buyouts.
Kainantu is highlighted by:
> NI 43-101 Compliant Resource of 1.84Moz @ 11.6 g/t AuEq Inferred and 240,000 oz @ 13.3 g/t AuEq Indicated > Existing infrastructure including underground mine development, mill processing facility, staff housing, licensed tailings pond, office space, paved access roads and reliable hydro supply via a dedicated power line > USD $41.3 million invested in exploration drilling and definition drilling with the current resource estimate based on 78,935m of drilling via 767 drill holes > Funded through mine re-start at Irumafimpa Deposit > Significant opportunity to expand known zones of mineralization; as well as for the discovery of new ore bodies
When you’re one of the largest firms in your industry like Barrick Gold (ABX) is, there are clear benefits and drawbacks. When the market is down, a leading firm like Barrick is often hit hardest. To the same token, when the market is hot, the company enjoys some of the most impressive returns in the sector..
K92 Mining Inc. (the “Company” or “K92”, TSXV: KNT) is pleased to announce a non-brokered private placement to raise up to $5,000,000 (the “Financing”) through the issuance of up to 5,000,000 units (the “Units”) of the Company at a price of $1.00 per Unit. Each Unit will consist of one Common share (an “Offered Share”) and one half of one Common share purchase warrant (a “Warrant”). Each full Warrant will allow the holder to purchase one Common share of K92 at a price of $1.50 for a period of 12 months from the date of issuance, subject to the acceleration right described below. Proceeds of the Financing are intended to be used for general corporate purposes and to give the company enhanced optionality when completing the underground incline drive from Irumafimpa to Kora, with drill testing along the way..
K92 Mining Inc. (the “Company” or “K92”, TSXV: KNT) is pleased to announce an increase of its previously announced non-brokered private placement (see news disseminated on July 7, 2016) from $5,000,000 to up to $12,500,000 (the “Financing”) through the issuance of up to 12,500,000 units (the “Units”) of the Company at a price of $1.00 per Unit, up from the 5,000,000 Units previously announced on July 7, 2016..
2016-07-21 16:04 ET - News Release Mr. Ian Stalker reports
K92 MINING ARRANGES $2 MILLION FINANCING AT $1.17
K92 Mining Inc. has arranged a further non-brokered private placement to raise approximately $2-million through the issuance of 1,709,402 units of the company at a price of $1.17 per unit. Each unit will consist of one common share and one common share purchase warrant. Each warrant will allow the holder to purchase one common share of K92 at a price of $1.75 for a period of 12 months from the date of issuance.
Proceeds of the financing are intended to be used for general corporate purposes, and to give the company enhanced optionality when completing the underground incline drive from Irumafimpa to Kora, with drill testing along the way.
The financing has been arranged with a single investor.
Da ich im Pioforum las, dass du auch sehr gerne in Gold investieren möchtest - und in der Tat hier auch an der Seitenlinie stehst, möchte ich dir einen Basisgedanken zu goldminenaktien geben. Mit großer Wahrscheinlichkeit werden die am besten laufen, die die größten Kursverluste hatten, wegen des fallenden Goldpreises. Und wenn sie dann noch schuldenfrei sind, dann hast du den Jackpott. Orientiere dich mit dem größten Teil an solchen Explorern. Und dann als Beimischung einen Wert wie zum Beispiel K92 ;-)
War da schon investiert und bin auch bei 1$ raus, ist jetzt auf 0,7 abgesackt Die sollten wohl im nächsten Jahr auch schuldenfrei sein, hatte ich irgendwo gelesen dort im thread Nehme auch gerne andere Vorschläge an ;)