Klondike Silver Corp. (TSXV:KS) announced a non-brokered private placement of up to 24,000,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 1,200,000 on January 23, 2019. Each unit will consist of one common share and one non-transferable share purchase warrant, with each warrant exercisable for a period of five years from the closing at a price of CAD 0.05 per share. All units are subject to a four-month hold period from the date of issuance. The company may pay commissions on a portion of the funds raised.