| Kilo Goldmines Announces Corporate Update | |
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TORONTO, ONTARIO--(Marketwired - Jun 2, 2014) - Kilo Goldmines Ltd. ("Kilo" or the "Corporation") (TSX VENTURE:KGL)(FRANKFURT:02K), a gold exploration company whose principal assets are located in the Democratic Republic of the Congo, announces that it has retained Questrade Inc. ("Questrade") to provide market-making services in accordance with TSX Venture Exchange guidelines. The term of the agreement is twelve months, beginning June 2, 2014, at a cost of $4,500 per month. The appointment of Questrade is subject to approval of the TSX Venture Exchange. Either party may terminate the agreement with 30 days written notice. Though Kilo and Questrade are unrelated and unaffiliated entities and Questrade will not receive shares or options as compensation, Questrade and its clients have or may have a direct interest in the securities of the Corporation. Email: espiro@questrade.com Website: www.questrade.com ABOUT KILO Kilo Goldmines Ltd. is a Canadian gold exploration company that is listed on the TSX Venture Exchange under the symbol 'KGL' and on the Frankfurt Exchange under the symbol '02K'. The Company holds about 3,000 square kilometres of favourable Archaean Kibalian greenstone in the Kilo-Moto area in the Democratic Republic of the Congo. Kilo's principal focus is to advance its projects from exploration through feasibility to project development and ultimately to full production in a socially and environmentally responsible manner. The Corporation owns a 71.25% interest in the DRC entity that holds the Somituri Project Exploitation Permits. DISCLAIMER This news release may contain forward-looking statements concerning future operations of Kilo Goldmines Ltd. All forward-looking statements concerning Kilo's future plans and operations, including management's assessment Kilo's project expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond Kilo's control. Investors are cautioned that any such statements are not guarantees of future performance and that actual performance and exploration and financial results may differ materially from any estimates or projections. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Such statements are not guarantees of future performance and that actual performance and exploration and financial results may differ materially from any estimates or projections.
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Kilo Goldmines Ltd.
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EXPLORATION STAGE |
CODE : KGL.V |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Kilo Goldmines is a gold exploration company based in Canada. Its main exploration properties are ERW, SOMITURI and MASTERS in Congo Dem. Rep. of. Kilo Goldmines is listed in Canada. Its market capitalisation is CA$ 33.9 millions as of today (US$ 27.1 millions, € 27.4 millions). Its stock quote reached its highest recent level on April 16, 2010 at CA$ 5.90, and its lowest recent point on June 30, 2020 at CA$ 0.01. Kilo Goldmines has 169 700 000 shares outstanding. |