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Yukon-focused Klondike sells BC portfolio to Rise

 

Last updated 7/24/2016 at Noon



Klondike Gold Corp. July 18 reported the sale of seven mineral properties in southeastern British Columbia - Red Point, Clubine, Ron Gold, Panda Irishman, Cruz-Midway, Thea, and Quartz Mountain - to Rise Resources Inc. As an initial payment, Klondike received C$50,000 in cash: 1.5 million Rise shares and 1.5 million Rise warrants, which allows Klondike to purchase 1.5 million additional Rise sh...



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