May 18 (Reuters) - Klondike Gold Corp KG.V :
* Klondike gold announces $1.2 mln private placement
* Placement will consist of sale of units at $0.30 per unit,
with each unit consisting of one share,one half of share
purchase warrant
* Intends to use proceeds from offering to continue
exploration and development of company's yukon properties,
* Each warrant will entitle holder to purchase one common
share at a price of $0.35 per common share
Source text for Eikon: ID:nCNWPs59ba
Further company coverage: KG.V