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To: Goose94 who wrote (14024)9/10/2015 9:17:07 AM
From: Goose94Read Replies (1) | Respond to of 203362
 
Klondex Mines (KDX-T) Sept 10, '15 is pleased to announce that it has completed the previously announced bought deal offering pursuant to which the Company issued 7,400,000 common shares (the "Common Shares") at a price of C$3.55 per Common Share for aggregate gross proceeds of C$26,270,000 (the "Offering"). The Offering was underwritten by a syndicate of underwriters led by GMP Securities L.P. and including Canaccord Genuity Corp., Clarus Securities Inc., Dundee Securities Ltd., Mackie Research Capital Corporation, M Partners Inc., RBC Dominion Securities Inc. and Haywood Securities Inc.

The Company plans to use $23,226,000 of the net proceeds from the Offering towards the repayment of the Company's currently outstanding senior secured notes, with the remainder of the net proceeds to be used for general working capital purposes.

The Common Shares were offered by way of a short form prospectus filed in all of the provinces of Canada (other than the province of Quebec) pursuant to National Instrument 44-101 - Short Form Prospectus Distributions and in the United States on a private placement basis pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended.

About Klondex Mines Ltd. ( www.klondexmines.com)
We are a well-capitalized, junior-tier gold and silver mining company focused on exploration, development, and production in a safe, environmentally responsible, and cost-effective manner. We have 100% interests in two producing mineral properties: the Fire Creek project and the Midas mine and ore milling facility, both of which are located in the State of Nevada, USA. Our milling and processing facilities, which are located at Midas, process mineralized material from both Midas and Fire Creek. Fire Creek is located approximately 100 miles south of Midas.

For More Information
John Seaberg
Senior Vice President, Investor Relations
O: 775-621-5512
M: 303-668-7991
jseaberg@klondexmines.com