Stockwatch

Klondike Gold Corp. has completed the previously announced financing. The financing was fully subscribed for a total of $600,000. The company issued 5.25 million non-flow-through shares at 10 cents per share and 624,999 flow-through shares at 12 cents per share, along with 2,937,498 non-transferable share purchase warrants. Each warrant entitles its holder to purchase one common share at a price of 20 cents per share for a period of three years.

The company also wishes to inform investors that it has completed all required exploration assessment work to hold its extensive land packages in both the Yukon and British Columbia. The company's technical team is compiling and analyzing results from its summer exploration programs in the Yukon and British Columbia, and further results of exploration projects will be released as they become available.