K92 Mining Inc (KNTNF)

[ThSeeker]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 15, 2017) - K92 Mining Inc. (the "Company" or "K92"), (TSX VENTURE:KNT)(KNTNF) is pleased to announce the Company has arranged a non-brokered private placement to raise up to $10,000,000 (the "Financing") through the issuance of 13,333,333 units (the "Units") of the Company at a price of $0.75 per Unit. Each Unit will consist of one Common share and one Common share purchase warrant (a "Warrant"). Each Warrant will allow the holder to purchase one Common share of K92 at a price of $1.00 for a period of 12 months from the date of issuance.