Brien Lundin, in the August, 2014, edition of the Gold Newsletter, says hold Kivalliq Energy Corp., recently 19 cents. Mr. Lundin said buy in April, 2013, at 31 cents. Assuming a $1,000 investment for the buy, the position is now worth $612. Kivalliq has closed a $1.14-million private placement in two tranches. It issued 5.17 million units at 22 cents, with each unit comprising one flow-through share and one-half of one non-flow-through warrant. Each warrant is exercisable at 28 cents for two years. Although dilutive, the capital is much needed, says Mr. Lundin. The company will use the proceeds to advance its various uranium projects in Saskatchewan and Nunavut. In particular, the editor figures Kivalliq's main Angliak property in Nunavut should receive exploration attention in the months ahead. The stock remains a hold while we wait to see how the company chooses to spend the money.