NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

Please if you are in the United States or are American don't click on the link provided...
BTW!

Thank you very kindly Fahad Al Tamimi! Too kind!
http://www.fahadaltamimi.com/philanthropy/

http://www.fahadaltamimi.com/business/

https://www.globenewswire.com/news-release/2020/07/27/2067798/0/en/Kerr-Mines-Enters-Into-Agreement-to-Acquire-a-3-Gross-Production-Royalty-at-Copperstone-Gold-Mine.html

Serious Dilution of KERR MINES shares since 2017

Ticker Symbol TSX: Ker I US: KER I FSE: 7AZ1
Shares Outstanding 190.9 million
Director/Insider ownership 47%

http://kerrmines.com/wp-content/uploads/Kerr-Mines-Corporate-Presentation-2017-04-23.pdf
FULLY DILUTED 381.2 MILLION
https://kerrmines.com/investors/

Eric Sprott must be angry about how his large chunk of Kerr Mines shares are being continually diluted?

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1640-tsx-venture/kore/80824-kore-mining-accelerates-exploration-with-closing-of-the-first-tranche-of-the-7-5-million-strategic-investment-with-eric-sprott.html


https://sprott.com/

Bringing Copperstone GOLD Mine back-to-production @ .40 Fair price?
"... Management is also evaluating options to lower the project’s initial CAPEX (2018 PFS showed US$23 million) by using floatation. These initiatives are aimed at bringing Copperstone back to production in the near-term..."

Please peruse page 12

https://www.baystreet.ca/articles/research_reports/fundamental_research/AIW-July-20-2020-1.pdf

Thank you kindly Fundamental Reseach Corp. and BayStreet.ca

https://www.researchfrc.com/website/company/kerr/

https://kerrmines.com/

Bringing Copperstone back to production @ .40 Fair price?
"... Management is also evaluating options to lower the project’s initial CAPEX (2018 PFS showed US$23 million) by using floatation. These initiatives are aimed at bringing Copperstone back to production in the near-term..."

Please peruse page 12

https://www.baystreet.ca/articles/research_reports/fundamental_research/AIW-July-20-2020-1.pdf

Thank you kindly Fundamental Reseach Corp. and BayStreet.ca

https://www.researchfrc.com/website/company/kerr/

Significant Dilution of many Kerr Mines shorted shares
Based on significant dilution at what seems to be obviously shorted prices, and the Kerr Mines stock this week is doing extremely heavy daily volume of about a million shares a day and getting ahead of itself short term, these KERR shares look like they are being given away and WHY is the ASK not actually rising with this incredibly HEAVY VOLUME?

This is disheartening for Kerr Mines shareholders!

"...Kerr Mines Inc.

TSX Exchange | Jul 21, 2020, 1:56 PM EDT | Real-time price
KER $ 0.165

CHANGE 0.005 (3.125%) VOLUME 498,000

https://www.fxempire.com/forecasts/article/price-of-gold-fundamental-daily-forecast-fresh-eu-money-pending-us-stimulus-driving-rally-662222

https://oilprice.com/Latest-Energy-News/World-News/Gold-Rallies-As-Citibank-Says-New-Record-Is-Matter-Of-Time.html

https://www.mining.com/gold-price-hits-nine-year-peak-on-stimulus-talks/

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/728-tsx/ker/80337-kerr-mines-announces-upsize-to-bought-deal-offering.html

https://kerrmines.com/

Based on significant dilution at what seems to be obviously shorted prices, and the Kerr Mines stock this week is doing extremely heavy daily volume of about a million shares a day and getting ahead of itself short term, these KERR shares look like they are being given away and WHY is the ASK not actually rising with this incredibly HEAVY VOLUME?

This is disheartening for Kerr Mines shareholders!

https://www.fxempire.com/forecasts/article/price-of-gold-fundamental-daily-forecast-fresh-eu-money-pending-us-stimulus-driving-rally-66222

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/728-tsx/ker/80337-kerr-mines-announces-upsize-to-bought-deal-offering.html

https://oilprice.com/Latest-Energy-News/World-News/Gold-Rallies-As-Citibank-Says-New-Record-Is-Matter-Of-Time.html

https://www.kitco.com/news/2020-07-21/PRECIOUS-Gold-rises-to-nine-year-peak-on-tepid-dollar-stimulus-bets.html


https://kerrmines.com/

Based on significant dilution at what seems to be obviously shorted prices, and the Kerr Mines stock this week is doing extremely heavy daily volume of about a million shares a day and getting ahead of itself short term, these KERR shares look like they are being given away and WHY is the ASK not actually rising with this incredibly HEAVY VOLUME?

This is disheartening for Kerr Mines shareholders!

https://www.fxempire.com/forecasts/article/price-of-gold-fundamental-daily-forecast-fresh-eu-money-pending-us-stimulus-driving-rally-662222

https://oilprice.com/Latest-Energy-News/World-News/Gold-Rallies-As-Citibank-Says-New-Record-Is-Matter-Of-Time.html

https://kerrmines.com/

Kerr Mines Inc.

TSX Exchange | Jul 20, 2020, 4:30 PM EDT | Real-time price
KER $ 0.16 VOLUME 1,238,760

Why is the ASK so LOW when the VOLUME is consistently HIGH !

https://web.tmxmoney.com/quote.php?qm_symbol=ker

https://kerrmines.com/investors/

https://www.mining.com/gold-price-climbs-again-after-citi-says-record-is-matter-of-time/


https://www.thetelegram.com/business/reuters/equity-markets-rebound-on-eu-fund-optimism-gold-edges-higher-475130/








https://web.tmxmoney.com/getquote.php?symbols%5B%5D=KERMF%3AUS

Heavy VOLUME but still being SHORTED! Kerr Mines
Kerr Mines Inc.

TSX Exchange | Jul 20, 2020, 2:56 PM EDT | Real-time price

logo

KER $ 0.165 RT

CHANGE
0.005 (3.125%)
VOLUME
505,760
Why is the ASK so LOW when the VOLUME is consecutively HIGH !

https://web.tmxmoney.com/quote.php?qm_symbol=ker

https://kerrmines.com/investors/


https://www.thetelegram.com/business/reuters/equity-markets-rebound-on-eu-fund-optimism-gold-edges-higher-475130/


https://www.kitco.com/news/video/show/Kitco-NEWS/2895/2020-07-16/Whats-different-about-this-gold-bull-run--Sandstorm-Gold#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DKitco-NEWS

“. .. Citi Says It’s ‘Only a Matter of Time’ Before Gold Hits a Record ..."

"... Bullish factors building in the gold market are set to see prices take out the record set in 2011, according to Citigroup Inc.

The metal is benefiting from loose monetary policy, low real yields, record inflows into exchange-traded funds and increased asset allocation, the bank’s analysts including Ed Morse wrote in a report. Gold is expected to climb to an all-time high in the next six-to-nine months, and there’s a 30% probability it’ll top $2,000 an ounce in the next three-to-five months.

“Nominal gold prices have already posted fresh records in every other G-10 and major emerging market currency this year,” the analysts said. “It is only a matter of time for fresh” highs in U.S. dollars, they said, adding that demand for a store of wealth should also lift silver, which touched a three-year high in New York on Monday...."
https://www.bloomberg.com/news/articles/2020-07-20/record-gold-is-only-a-matter-of-time-as-bullish-factors-build


"... Gold firms as virus woes bolster demand
https://www.cnbc.com/2020/07/20/gold-holds-firm-on-coronavirus-worries-weaker-dollar.html
https://investingnews.com/company-profiles/kerr-mines-tsx:ker-copperstone-gold-mine/

https://www.kitco.com/news/2020-07-20/Gold-and-silver-prices-begin-the-week-on-the-front-foot-TD-Securities.html

"... Eric Sprott, Terry Lynch: Protect Retail Investors, Let Them Make Money..."


"... Save Canadian Mining’s goal is to have a securities trading rule known as the “uptick rule” or “tick test” reinstated.


"... At the Prospectors and Developers Association of Canada (PDAC) convention, the Investing News Network got an update from Terry Lynch and Eric Sprott on the Save Canadian Mining initiative.

Save Canadian Mining’s goal is to have a securities trading rule known as the “uptick rule” or “tick test” reinstated. Lynch is its founder and Sprott is one of its backers.

“I was very aware as an investor that the absence of the tick rule was working very, very much against investments, of which I have lots of those investments,” said Sprott...."


https://investingnews.com/daily/resource-investing/eric-sprott-terry-lynch-protect-retail-investors/

Who else thinks, Kerr Mines is going to be seriously shorted as soon as the KER stock starts to climb this FALL? https://kerrmines.com/

https://www.globenewswire.com/news-release/2020/03/23/2005128/0/en/KERR-MINES-CLOSES-FINANCING-WITH-SPROTT-RESOURCE-LENDING.html

Preliminary Short Form Prospectus for Kerr Mines +++
Hmmm? This may help explain the sudden volume but why is the ASK so LOW when we have HEAVY VOLUME?

https://www.investorx.ca/search/00003818/kerr-mines-inc

https://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00003818

Eventually, Kerr Mines will need a CAPEX of about $20,000,000 million...

"... Earlier this month, Haywood Securities raised their gold price forecast for the second half of 2020, citing that the precious metal is “now in the early days of a new bull market,” adding that they “would not be surprised” to see gold push through the old 2011 high of $1,923 per ounce this year.

On Tuesday, the World Gold Council reaffirmed that the pandemic will likely have a lasting effect on asset allocation and continue to reinforce the role of gold as a strategic investment asset for the remainder of the year...."


https://www.mining.com/gold-price-heads-for-sixth-straight-weekly-gain/

https://www.haywood.com/what-we-offer/portfolio-management

Extremely heavy volume on the close today on the Canadian exchange?
KER $ 0.16 https://kerrmines.com/
VOLUME 971,788

WHY is the ASK so LOW...
What is the game?

"...

Kerr Mines Announces Upsize to Bought Deal Offering to C$5 Million https://kerrmines.com/

"... TORONTO, July 14, 2020 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (TSX: KER, OTC: KERMF), (“Kerr” or the “Company”) is pleased to announce that it amended the terms of its previously announced offering of units of the Company. Under the amended terms of the Offering (as defined below), Haywood Securities Inc. (the “Underwriter”), has agreed to buy, on a bought deal basis, 35,720,000 units of the Company (the “Units”), at a price of C$0.14 per Unit (the “Offering Price”) for gross proceeds of $5,000,800 (the “Offering”). Each Unit will consist of one common share in the capital of the Company (a “Common Share”) and one half of one Common Share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at a price of C$0.22 for a period of 24 months following the Closing Date (as defined below).



The Offering is expected to close on or about August 4, 2020, or such other date as may be agreed by the Underwriter and the Company (the “Closing Date”), and is subject to the Company receiving all necessary regulatory approvals, including the approval of the TSX and applicable securities regulatory authorities. The Units will be offered by way of a short form prospectus in each of the provinces of Canada, excluding Quebec.

The Company plans to use the net proceeds from the Offering to further advance the Company’s high grade Copperstone gold project with a targeted drilling program for purposes of resource and reserve expansion while also testing further resource upside within its 50 square kilometre land position. Additionally, the proceeds will allow the Company to further advance detailed engineering and project optimization for purposes of the re-start of the Copperstone gold project and for general corporate purposes...."

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/728-tsx/ker/80337-kerr-mines-announces-upsize-to-bought-deal-offering.html

"...

Steppe Gold set for C$15M strategic investment from gold bull Eric Sprott
Sprott, via 2176423 Ontario Ltd, a company which he controls, is subscribing for all of the 6,976,944 subscription receipts at C$2.15 each in the placing..."

"...

Haywood says Buy
In a note Thursday, Haywood Securities analyst Pierre Vaillancourt wrote that the growth in production and cash flow since the startup in April "bodes well" for Steppe. The research firm increased its 2021 production forecast to 60,000 ounces, up from 36,000 ounces.

"We look for further upside from drilling and resource expansion in 3Q20, in addition to stronger production in 2021," Vaillancourt added.

Haywood is maintaining its Buy recommendation and C$3 price target on the stock.

Shares of Steppe surged 14.9% on Thursday afternoon to close at C$2.62 in Toronto...."

https://ca.proactiveinvestors.com/companies/news/923823/steppe-gold-set-for-c15m-strategic-investment-from-gold-bull-eric-sprott-923823.html

https://www.kitco.com/news/2020-07-17/Gold-prices-at-daily-highs-as-U-S-housing-starts-surprise-on-the-upside-in-June.html

"... The Offering is expected to close on or about August 4, 2020, or such other date as may be agreed by the Underwriter and the Company (the “Closing Date”), and is subject to the Company receiving all necessary regulatory approvals, including the approval of the TSX and applicable securities regulatory authorities...."

Don't count your chickens until the eggs have hatched... IMHO. I doubt much will be revealed until the Offering is confirmed and deposited in the Kerr account... on or after August 4, 2020...

Haywood Securities is-interested-in Fiore Gold &-now even Kerr-Mines

Kerr Mines Announces Upsize to Bought Deal Offering
Investing News Network - July 15th, 2020

Kerr Mines Inc. is pleased to announce that it amended the terms of its previously announced offering of units of the Company.

Kerr Mines Inc. (TSX:KER, OTC:KERMF), (“Kerr” or the “Company”) is pleased to announce that it amended the terms of its previously announced offering of units of the Company. Under the amended terms of the Offering (as defined below), Haywood Securities Inc. (the “Underwriter”), has agreed to buy, on a bought deal basis, 35,720,000 units of the Company (the “Units”), at a price of C$0.14 per Unit (the “Offering Price”) for gross proceeds of $5,000,800 (the “Offering”). Each Unit will consist of one common share in the capital of the Company (a “Common Share”) and one half of one Common Share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at a price of C$0.22 for a period of 24 months following the Closing Date (as defined below).

The Offering is expected to close on or about August 4, 2020, or such other date as may be agreed by the Underwriter and the Company (the “Closing Date”), and is subject to the Company receiving all necessary regulatory approvals, including the approval of the TSX and applicable securities regulatory authorities. The Units will be offered by way of a short form prospectus in each of the provinces of Canada, excluding Quebec.

The Company plans to use the net proceeds from the Offering to further advance the Company’s high grade Copperstone gold project with a targeted drilling program for purposes of resource and reserve expansion while also testing further resource upside within its 50 square kilometre land position. Additionally, the proceeds will allow the Company to further advance detailed engineering and project optimization for purposes of the re-start of the Copperstone gold project and for general corporate purposes...."


https://investingnews.com/news/gold-investing/kerr-mines-announces-upsize-to-bought-deal-offering/

Positive news for Kerr Mines.... Bravo, Martin Kostuik, Giulio Bonifacio & Claudio Ciavarella https://kerrmines.com/corporate/


https://www.mining.com/haywood-lifts-gold-price-forecasts/

& Eric Sprott is investing mORE in https://www.newswire.ca/news-releases/eric-sprott-significantly-increases-investment-in-karora-resources-subscribes-for-26-million-shares-821219847.html

https://www.kitco.com/news/2020-07-14/Look-to-buy-gold-below-1-800-and-ride-it-to-new-highs-Blue-Line-Futures.html

Kerr Mines Announces Upsize to Bought Deal Offering
Investing News Network - July 15th, 2020

Kerr Mines Inc. is pleased to announce that it amended the terms of its previously announced offering of units of the Company.

Kerr Mines Inc. (TSX:KER, OTC:KERMF), (“Kerr” or the “Company”) is pleased to announce that it amended the terms of its previously announced offering of units of the Company. Under the amended terms of the Offering (as defined below), Haywood Securities Inc. (the “Underwriter”), has agreed to buy, on a bought deal basis, 35,720,000 units of the Company (the “Units”), at a price of C$0.14 per Unit (the “Offering Price”) for gross proceeds of $5,000,800 (the “Offering”). Each Unit will consist of one common share in the capital of the Company (a “Common Share”) and one half of one Common Share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at a price of C$0.22 for a period of 24 months following the Closing Date (as defined below).

The Offering is expected to close on or about August 4, 2020, or such other date as may be agreed by the Underwriter and the Company (the “Closing Date”), and is subject to the Company receiving all necessary regulatory approvals, including the approval of the TSX and applicable securities regulatory authorities. The Units will be offered by way of a short form prospectus in each of the provinces of Canada, excluding Quebec.

The Company plans to use the net proceeds from the Offering to further advance the Company’s high grade Copperstone gold project with a targeted drilling program for purposes of resource and reserve expansion while also testing further resource upside within its 50 square kilometre land position. Additionally, the proceeds will allow the Company to further advance detailed engineering and project optimization for purposes of the re-start of the Copperstone gold project and for general corporate purposes...."


https://investingnews.com/news/gold-investing/kerr-mines-announces-upsize-to-bought-deal-offering/

Positive news for Kerr Mines.... Bravo, Martin Kostuik, Giulio Bonifacio & Claudio Ciavarella https://kerrmines.com/corporate/


https://www.mining.com/haywood-lifts-gold-price-forecasts/

& Eric Sprott is investing mORE in https://www.newswire.ca/news-releases/eric-sprott-significantly-increases-investment-in-karora-resources-subscribes-for-26-million-shares-821219847.html

https://www.kitco.com/news/2020-07-14/Look-to-buy-gold-below-1-800-and-ride-it-to-new-highs-Blue-Line-Futures.html

Kerr Mines Announces Upsize to Bought Deal Offering
Investing News Network - July 15th, 2020

Kerr Mines Inc. is pleased to announce that it amended the terms of its previously announced offering of units of the Company.

Kerr Mines Inc. (TSX:KER, OTC:KERMF), (“Kerr” or the “Company”) is pleased to announce that it amended the terms of its previously announced offering of units of the Company. Under the amended terms of the Offering (as defined below), Haywood Securities Inc. (the “Underwriter”), has agreed to buy, on a bought deal basis, 35,720,000 units of the Company (the “Units”), at a price of C$0.14 per Unit (the “Offering Price”) for gross proceeds of $5,000,800 (the “Offering”). Each Unit will consist of one common share in the capital of the Company (a “Common Share”) and one half of one Common Share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at a price of C$0.22 for a period of 24 months following the Closing Date (as defined below).

The Offering is expected to close on or about August 4, 2020, or such other date as may be agreed by the Underwriter and the Company (the “Closing Date”), and is subject to the Company receiving all necessary regulatory approvals, including the approval of the TSX and applicable securities regulatory authorities. The Units will be offered by way of a short form prospectus in each of the provinces of Canada, excluding Quebec.

The Company plans to use the net proceeds from the Offering to further advance the Company’s high grade Copperstone gold project with a targeted drilling program for purposes of resource and reserve expansion while also testing further resource upside within its 50 square kilometre land position. Additionally, the proceeds will allow the Company to further advance detailed engineering and project optimization for purposes of the re-start of the Copperstone gold project and for general corporate purposes...."


https://investingnews.com/news/gold-investing/kerr-mines-announces-upsize-to-bought-deal-offering/

Positive news for Kerr Mines.... Bravo, Martin Kostuik, Giulio Bonifacio & Claudio Ciavarella https://kerrmines.com/corporate/


https://www.mining.com/haywood-lifts-gold-price-forecasts/

& Eric Sprott is investing mORE in https://www.newswire.ca/news-releases/eric-sprott-significantly-increases-investment-in-karora-resources-subscribes-for-26-million-shares-821219847.html

https://www.kitco.com/news/2020-07-14/Look-to-buy-gold-below-1-800-and-ride-it-to-new-highs-Blue-Line-Futures.html

Kerr Mines Announces Upsize to Bought Deal Offering
Investing News Network - July 15th, 2020

Kerr Mines Inc. is pleased to announce that it amended the terms of its previously announced offering of units of the Company.

Kerr Mines Inc. (TSX:KER, OTC:KERMF), (“Kerr” or the “Company”) is pleased to announce that it amended the terms of its previously announced offering of units of the Company. Under the amended terms of the Offering (as defined below), Haywood Securities Inc. (the “Underwriter”), has agreed to buy, on a bought deal basis, 35,720,000 units of the Company (the “Units”), at a price of C$0.14 per Unit (the “Offering Price”) for gross proceeds of $5,000,800 (the “Offering”). Each Unit will consist of one common share in the capital of the Company (a “Common Share”) and one half of one Common Share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at a price of C$0.22 for a period of 24 months following the Closing Date (as defined below).

The Offering is expected to close on or about August 4, 2020, or such other date as may be agreed by the Underwriter and the Company (the “Closing Date”), and is subject to the Company receiving all necessary regulatory approvals, including the approval of the TSX and applicable securities regulatory authorities. The Units will be offered by way of a short form prospectus in each of the provinces of Canada, excluding Quebec.

The Company plans to use the net proceeds from the Offering to further advance the Company’s high grade Copperstone gold project with a targeted drilling program for purposes of resource and reserve expansion while also testing further resource upside within its 50 square kilometre land position. Additionally, the proceeds will allow the Company to further advance detailed engineering and project optimization for purposes of the re-start of the Copperstone gold project and for general corporate purposes...."


https://investingnews.com/news/gold-investing/kerr-mines-announces-upsize-to-bought-deal-offering/

Positive news for Kerr Mines.... Bravo, Martin Kostuik, Giulio Bonifacio & Claudio Ciavarella https://kerrmines.com/corporate/


https://www.mining.com/haywood-lifts-gold-price-forecasts/

& Eric Sprott is investing mORE in https://www.newswire.ca/news-releases/eric-sprott-significantly-increases-investment-in-karora-resources-subscribes-for-26-million-shares-821219847.html

https://www.kitco.com/news/2020-07-14/Look-to-buy-gold-below-1-800-and-ride-it-to-new-highs-Blue-Line-Futures.html

« gross-proceeds-of $5,000,800 (the-“Offering”)» Kerr Mines
"... NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES..."

FANTASTIC, IMHO! Bravo, The KERR TEAM, Giulio & Martin etc....
https://www.globenewswire.com/news-release/2020/07/14/2062079/0/en/Kerr-Mines-Announces-Upsize-to-Bought-Deal-Offering.html

https://www.globenewswire.com/news-release/2020/07/14/2062079/0/en/Kerr-Mines-Announces-Upsize-to-Bought-Deal-Offering.html

« Kerr Mines Announces C$3 Million Bought Deal Offering
"... TSX: KER

www.kerrmines.com
Mr. Giulio Bonifacio reports:
TORONTO, July 13, 2020 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (TSX: KER, OTC: KERMF), (“Kerr” or the “Company”) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (the “Underwriter”), under which the Underwriter has agreed to buy, on a bought deal basis, 21,500,000 units of the Company (the “Units”), at a price of C$0.14 per Unit (the “Offering Price”) for gross proceeds of $3,010,000 (the “Offering”). Each Unit will consist of one common share in the capital of the Company (a “Common Share”) and one half of one Common Share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at a price of C$0.22 for a period of 24 months following the Closing Date (as defined below).

The Company has agreed to grant the Underwriter an option to purchase up to an additional 3,225,000 Units at the Offering Price, exercisable, in whole or in part, at any time up to 48 hours prior to the closing of the Offering. The Offering is expected to close on or about August 4, 2020, or such other date as may be agreed by the Underwriter and the Company (the “Closing Date”), and is subject to the Company receiving all necessary regulatory approvals, including the approval of the TSX and applicable securities regulatory authorities. The Units will be offered by way of a short form prospectus in each of the provinces of Canada, excluding Quebec.

The Company plans to use the net proceeds from the Offering for the exploration and advancement of the Company’s Copperstone gold project and for general corporate purposes.

The securities to be offered pursuant to the Offering have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Kerr Mines Inc.
Kerr Mines is an Emerging American Gold Producer currently advancing the 100% owned, fully permitted past-producing Copperstone Mine project to production. Copperstone is a high-grade gold project located along a detachment fault mineral belt in mining-friendly Arizona. This gold project in Arizona demonstrates tremendous exploration potential targeting multi-million-ounce prospects within a 50 Square kilometers (12,259 acre) land package.

For further information please visit the Kerr Mines website (www.kerrmines.com)

For further information contact:
Giulio Bonifacio
Chief Executive Officer
gtbonifacio@kerrmines.com..."

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/728-tsx/ker/80252-kerr-mines-announces-c-3-million-bought-deal-offering.html


https://www.stockwatch.com/News/Item?bid=Z-C%3aKER-2933082&symbol=KER®ion=C

Impressive! https://www.haywood.com/ https://www.haywood.com/who-we-are

I am ecstatic that they have not decided to sell the golden Copperstone Project to...

It looks like Giulio has been working hard after all?

Extremely HEAVY Volume & ASK is UP! on both the American & Canadian exchanges
MAYBE OUR CEO GIULIO BONIFACIO HAS FINALLY ...?

WHEN THIS STOCK HITS $4 US, I MIGHT START TO DUMP IT IN DROVES... I AM NOT GOING TO SELL ON ANY SMALL BUMPS IN THIS STOCK! https://kerrmines.com/

https://www.kitco.com/news/2020-07-13/Hedge-funds-still-bullish-on-gold-and-silver-but-bearish-cracks-appearing.html

BTW, bravo SKY GOLD & Eric Sprott https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1985-tsx-venture/skyg/80222-sky-gold-financing-fully-subscribed-including-strategic-investment-by-eric-sprott.html

The KERR-MINES CEO-recently-stated «...ALL you offensive idiot shareholders ..."
Well, I am pleased Giulio Bonifacio CEO of KERR MINES did not state that he is in negotiations to have Kerr Mines acquired or that it is involved in a probable joint-venture...! He needs to remember that he is no longer running a Copper Mine IMHO! & pronto!

For us Offensive Idiot Shareholders acquisitions & JVs almost never pay off...!

Obviously, the President of Kerr MInes, Martin Kostuik thinks this is alll going to take time to resolve or he would not have recently dumped over 300,000 Kerr Mines shares.


For the record, I take offense at being referred to as an Offensive Idiot Shareholder but at least I know where I stand with Giulio Bonifacio... I want to think he was using this term in jest but honestly, at this point, I am NOT so certain.... KERR MINES needs to seriously work on their investor relations and start to communicate properly, immediately and decisively with their shareholders.

In my opinion, they definitely want their Offensive Idiot Shareholders to dump their shares!

Fortunately, I think an IDIOT should be able to profitably produce gold from a high-grade mine in Arizona when the price of gold is floating at all time highs...? Well maybe NOT?

"... the Company will consolidate its common shares on the basis of one (1) new post-consolidation common share for every (4) pre-consolidation com- mon shares (the “Consolidation”). The Company’s common shares will begin trading on a post- Consolidated basis with a new CUSIP on the Canadian Stock Exchange (the “CSE”) on July 8, 2020...."

https://www.copperbankcorp.com/_resources/news/2020/nr_20200607.pdf

"...

Giulio T. Bonifacio
CHAIRMAN (DIRECTOR)
Mr. Bonifacio has over 30 years of experience in senior executive roles in the mining industry. Mr. Bonifacio is the Founder and former Director, President & CEO of Nevada Copper Corp. since its inception in 2005 until February 2018. Among his many accomplishments Mr. Bonifacio has raised directly over $700 million through equity and project debt financings for projects of merit as well as being involved in corporate transactions aggregating in excess of a billion dollars. Mr. Bonifacio has led and directed efforts at every stage of development from exploration, development, permitting and construction. Mr. Bonifacio is a Chartered Professional Accountant with extensive experience and knowledge of operations, capital markets, project finance and mergers & acquisitions. Mr. Bonifacio has held previous senior executive roles with Getty Resources Limited, TOTAL Energold Corp., an energy and gold producer and Vengold Inc., gold producer prior to founding Nevada Copper in 2005.

NO mention of KERR Mines in Giulio's BIO... Hmmm? Why?
or WHY not?
https://www.copperbankcorp.com/corporate/management/

Over 1 million KERR MINES shares traded today! Heavy VOLUME!
"... Real rates to drive gold prices higher - TD Securities..."

"... Real rates will ultimately drive gold prices higher, says TD Securities. “The yellow metal is torn between its safe-haven bona fides, which are prompting money managers to sell on risk-on behavior in markets, and its inflation-hedge characteristics, which are driving a swarm of capital to seek refuge in the yellow metal. Ultimately we anticipate that real rates will continue to drive gold prices higher as normalizing inflation expectations and suppressed rates vol provide fuel for the trade,” TD Securities commodity strategists write..."
https://www.kitco.com/news/2020-07-09/Real-rates-to-drive-gold-prices-higher-TD-Securities.html

Over 1 million KERR MINES shares traded today! Heavy VOLUME!

Why is the KER or KERMF ASK still only hovering around $00.12 US .17 Canadian?

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2601-tsx/stgo/80034-steppe-gold-announces-15-million-strategic-investment-by-eric-sprott-to-accelerate-growth.html

« ... This company sucks I like the project wish someone would... »
"...Another day another day with no news This company really does not care about share holders ..."
2
29 Jun 2020, 13:39

@retiredrick"... The company is missing a great opportunity to remind the market that they exist. Great day across the sector. Kerr Mines maintaining radio silence.
0
30 Jun 2020, 12:52
Kerr Mines Inc. $KER just filed 5 reports. View full report: SEDI:KER
0
from #insiders, 30 Jun 2020, 16:06
@AlohaGold88

https://ceo.ca/KER

@AlohaGold88 This company sucks, I like the project wish someone would take it over who knows how to do business..."
1
30 Jun 2020, 16:08

I concur with the last statement... & all of these Trolls
were once very positive Kerr Mines investors but the investor relations within this firm has become non-communicative thus their investors have become extremely negative so...

BTW, when the President of Kerr Mines very recently dumps 300,000 Kerr Mines shares well... Hmmmm?

RE:RE: Back from the Dead? (Probably NOT!)
Did I read that Sedar report correctly? Not getting into specifics around 2018, Sprott increased his holdings of the supposedly defunct San Gold by about 10% or about 35 million shares?

"...As at May 31, 2018, there is a net increase of 35,345,300 in the holdings of Common Shares of the Issuer. This has resulted in a net increase of 9.43% in the Eligible Institutional Investor’s securityholding percentage, assuming the exercise of the Warrants...."

Obviously, with these almost voided sub-penny shares at the time ... this would have been a cheap purchase! But why buy acquired shares ? Of a defunct mining company like San Gold?

Does anyone have any intriguing responses?

79780P

https://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00022422

Please note San Gold went into bankruptcy and was acquired so.... technically San Gold owns nothing!

https://www.1911gold.com/

"... Havilah Mining Technical Report for the True North Mine, Bissett, Page 15
Corporation. Manitoba, Canada

1.
Summary

Practical Mining LLC (PM) and P&E Mining Consultants Inc. (P&E) were engaged by Klondex Mines Ltd.(KDX), to prepare a Technical Report (TR) in accordance with National Instrument 43-101 (NI 43-101) of the Canadian Securities Administrators. PM’s and P&E’s evaluation of the True North Mine (True North Project, True North, or the Project), located in Bissett, Manitoba, Canada, is presented herein. This TR, dated the 8th day of May 2018, with an effective date of March 31, 2018 provides the initial Mineral Resource Estimate for the Project.


1.1.
Introduction

True North is located in southeast Manitoba, Canada at the edge of Bissett township on the north shore of Rice Lake. It lies approximately 100 miles (162 kilometers) northeast of Winnipeg, roughly 150 driving miles (234 kilometers) via all-weather Provincial highways. The town of Bissett is a long-established mining community with a fluctuating population which is currently approximately 340 people.

The mine accesses quartz vein gold mineralization using shafts and underground mining methods. The Project has an on-site processing facility comprising crushing, grinding, gravity concentration and flotation. A Carbon-in-Pulp (CIP) circuit treats the tailings from the gravity circuit.

Klondex Canada Limited (KC) acquired the property from San Gold Corporation in early 2016 for total consideration of US$31.1M. Mining and processing operations began later that year. KC also implemented an underground drilling program to expand the mineral resource. Klondex Canada is a wholly owned subsidiary of Klondex Mines Ltd. (KDX). (Klondex 2018)

On March 19, 2018 KDX and Hecla Mining Company (Hecla) announced the latter’s purchase of KDX. Coincident to the purchase, the Canadian assets of KDX including Klondex Canada and the True North Project is to be part of Havilah Mining Corporation (HMC or the Company) under a plan of arrangement. HMC is a newly formed entity independent of KDX and Hecla. The True North Project will be the only material asset of HMC and this TR provides the initial estimate of Mineral Resources for the Project prior to the ownership by HMC.


1.2.
Property

Land holdings at True North were acquired by KDX through bankruptcy proceedings of the San Gold assets in early 2016. The former San Gold property includes the True North Project, and regional land package consisting of 18 patented mining claims, 262 unpatented mining claims and 2 mineral leases totaling 97,282-acres (39,369 ha). ..."


https://www.sec.gov/Archives/edgar/data/1311605/000106299318002429/exhibit99-1.htm

https://mnpdebt.ca/Style%20Library/MNP/files/media/documents/San%20Gold%20Corporation/Taxed%20Final%20Statement%20of%20Receipts%20and%20Disbursements%2c%20June%2011%2c%202018.pdf

"..

Recovery of Investment Losses in San Gold Corporation

Have you suffered losses investing in San Gold Corporation? If so, The White Law Group may be able to help you recover your losses through FINRA Arbitration.

San Gold Corporation explores for and produces gold in Canada. It owns and operates the Rice Lake Mining Complex, which includes the Rice Lake mine, the Hinge mine, and the 007 mine located northeast of Winnipeg, Manitoba. The company’s Rice Lake Mining Complex includes 300 claims totaling approximately 40,000 hectares. It also owns various mineral claims in Ontario. The company was formerly known as San Gold Resources Corporation and changed its name to San Gold Corporation. San Gold Corporation was founded in 1997 and is headquartered in Winnipeg, Canada, according to Bloomberg.

In June 2015, San Gold Corporation (TSX-V: SGR) closed the sale of all of its assets, subject to certain limited exceptions, to Manitoba Ltd. Accordingly, San Gold became bankrupt June 22, 2015, and was de-listed from the TSX Venture Exchange.

The Trouble with Reg D Private Placements

According to SEC filings, San Gold Corporation raised capital in 2010 and again in 2014, through Form D private placements...."


https://www.whitesecuritieslaw.com/2017/04/15/san-gold-corporation-investment-losses/

Martin Kostuik only now holds 269,158 Kerr Mines shares, a mere pittance. He sold over half of his actual Kerr Mines shares last week.

Extremely concerning!

Now, he will have access to millions of options if he continues to work for Kerr Mines?
https://www.canadianinsider.com/ca-filing-details/3569071

Filing Details

Issuer Name Kerr Mines Inc.
Insider Name Kostuik, Martin Leslie
Relationship as filed with regulators4 - Director of Issuer,5 - Senior Officer of Issuer
Transaction ID3569071
Filing Date Jun 30, 2020
Transaction Date Jun 26, 2020
Security Type Common Shares
Transaction Nature10 - Acquisition or disposition in the public market
Ownership TypeDirect Ownership
Registered Holder
# or Value Acquired or Disposed of-87,500
Unit Price or Exercise Price$0.145
Closing Balance 269,158
Conversion or Exercise Price0.000
Date of Expiry or Maturity
Underlying Security Designation
Equivalent # or Value of Underlying Securities
Acquired or Disposed of
Closing Balance
General Remarks

https://www.canadianinsider.com/company-insider-filings?ticker=KER

« ... Martin Kostuik
President & Director
Kerr Mines

« ...Mr. Kostuik is a mining engineer with 25 years of experience. Mr. Kostuik joined Kerr as President and Director in April 2017. Previously, Mr. Kostuik spent over 8 years with Barrick Gold at the Goldstike Mine. He also worked in operations, engineering, exploration and capital projects with Taseko Mines, DMC Mining Services and Luna Gold. Mr. Kostuik was CEO of Rupert Resources where he was responsible for building the company through investment opportunities as well as corporate growth. Mr. Kostuik has a BSc in Applied Science, Mining Engineering from Queen’s University and an MBA. ... » https://kerrmines.com/corporate/

Martin Kostuik disposed of many Kerr Mines Shares...Why?
Martin Kostuik President of Kerr Mines last week dumping over 300,000 Kerr Mines Shares, shows that he thinks these shares will not climb anytime in the near future.
Obviously, extremely concerning...

You don't dump shares if you're seeing amazing drill results....

Filed 2020-06-30 15:59

Tx date 2020-06-26 $KER
Kerr Mines Inc. Kostuik, Martin Leslie
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market $-12,687.50
-87,500 vol
$0.145 each 269,158
Filed 2020-06-30 15:58

Tx date 2020-06-25 $KER
Kerr Mines Inc. Kostuik, Martin Leslie
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market $-18,487.50
-127,500 vol
$0.145 each 356,658
Filed 2020-06-30 15:58

Tx date 2020-06-24 $KER
Kerr Mines Inc. Kostuik, Martin Leslie
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market $-3,770
-26,000 vol
$0.145 each 484,158
Filed 2020-06-30 15:57

Tx date 2020-06-23 $KER
Kerr Mines Inc. Kostuik, Martin Leslie
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market $-10,657.50
-73,500 vol
$0.145 each 510,158
Filed 2020-06-30 15:57

Tx date 2020-06-22 $KER
Kerr Mines Inc. Kostuik, Martin Leslie
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market $-72.50
-500 vol
$0.145 each 583,658

https://ceo.ca/ker

RE:RE:Can you blame him.
Why did Martin Kostuik our Kerr Mines President incidentally force the price of these shares on June 26th from .16 cents Canadian to .145 Canadian?

Martin is extremely bright and if these shares were going to climb in the near future there is NO way he would sell about 500,000 Kerr Mines shares particularly on one day. He is an insider and he knows how this would impact Kerr Mines shareholders... and more importantly the confidence of the shareholders and the entire Kerr Mines Team.

This is not the move of a LEADER IMHO!

Extremely concerning thus the lack of trading via KERMF today and probably into Q3 & Q4 2020.

Claudio Ciavarella is wealthy he could have easily spotted Martin $50,000 for a few months or Martin could have used his line of credit etc....
Martin knows I am good for the money so he could have contacted me directly...

No, I think Martin was sending a clear message... Get this Copperstone Gold Mine into production in 2020 or else... Ciao!

RE:RE:Can you blame him.
Why did Martin Kostuik our Kerr Mines President incidentally force the price of these shares on June 26th from .16 cents Canadian to .145 Canadian?

Martin is extremely bright and if these shares were going to climb in the near future there is NO way he would sell about 500,000 Kerr Mines shares particularly on one day. He is an insider and he knows how this would impact Kerr Mines shareholders... and more importantly the confidence of the shareholders and the entire Kerr Mines Team.

This is not the move of leader IMHO!

Extremely concerning thus the lack of trading via KERMF today and probably into Q3 & Q4 2020.

Claudio Ciavarella is wealthy he could have easily spotted Martin $50,000 for a few months or Martin could have used his line of credit etc....
Martin knows I am good for the money so he could have contacted me directly...

No, I think Martin was sending a clear message... Get this Copperstone Gold Mine into production in 2020 or else... Ciao!

Sadly, Martin Kostuik disposed of many Kerr Mines Shares today! Why?

Well, I trust Martin's opinion so... He is extremely knowledgeable, clear and concise. This is concerning to say the least!

He would not be easily, if ever replaced!

He must not think these shares will climb anytime in the near future IMHO...

Obviously, extremely concerning...

You don't dump shares if your seeing amazing drill results....

Filed 2020-06-30 15:59

Tx date 2020-06-26 $KER
Kerr Mines Inc. Kostuik, Martin Leslie
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market $-12,687.50
-87,500 vol
$0.145 each 269,158
Filed 2020-06-30 15:58

Tx date 2020-06-25 $KER
Kerr Mines Inc. Kostuik, Martin Leslie
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market $-18,487.50
-127,500 vol
$0.145 each 356,658
Filed 2020-06-30 15:58

Tx date 2020-06-24 $KER
Kerr Mines Inc. Kostuik, Martin Leslie
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market $-3,770
-26,000 vol
$0.145 each 484,158
Filed 2020-06-30 15:57

Tx date 2020-06-23 $KER
Kerr Mines Inc. Kostuik, Martin Leslie
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market $-10,657.50
-73,500 vol
$0.145 each 510,158
Filed 2020-06-30 15:57

Tx date 2020-06-22 $KER
Kerr Mines Inc. Kostuik, Martin Leslie
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market $-72.50
-500 vol
$0.145 each 583,658

https://ceo.ca/ker

Rice Lake Belt
Land Position
Historically fragmented land position
Consolidation
San Gold acquires Wildcat (2011) San Gold acquires Strikepoint (2012) San Gold acquired Cougar (2013) Klondex acquires San Gold (2016) Klondex acquires Bison Gold (2017) 1911 Gold staking (2018 - 2019)
Contiguous land packages - largest ever assembled for Rice Lake belt (>54,000 ha.)
Two major mine trends


https://www.1911gold.com/_resources/presentations/1911-Gold-Corp-Pres-Feb-2020.pdf

Just a disenfranchised & disenchanted Kerr Mines shareholder of which their are now many!

FYI

Still NO press release from Kerr Mines for now well over two months!

Extremely concerning! & FRUSTRATING!

https://kerrmines.com/news/


Let's focus not on Kerr Mines frustrated shareholders but instead why is their a lack of proper communication with their shareholders from a public company?

"...

The case has never been better for gold’: Sprott CEO

Yahoo Finance Video Yahoo Finance Video June 29, 2020
Peter Grosskopf, Sprott CEO, joins The First Trade to discuss his company’s recent debut on the New York Stock Exchange, his thoughts on gold and why investors should keep an eye on it.

https://ca.finance.yahoo.com/video/case-never-better-gold-sprott-144610156.html

https://www.sprott.com/

https://www.kitco.com/news/2020-06-29/If-history-repeats-itself-gold-prices-headed-to-4-000-in-three-years-Frank-Holmes.html

https://kerrmines.com/

Extremely heavy VOLUME & the KERR MINES ASK DROPS
Beyond Frustrated! Why is the KERR MINES management TEAM not providing proper updates?

Disgusting!

Extremely FRUSTRATING & CONCERNING! https://kerrmines.com/
$ 0.15-0.005 | -3.23%Bid: 0.145 x 16000 Ask: 0.15 x 10000
Volume: 385,500
CADTORONTO STOCK EXCHANGEDELAYED PRICEJUNE 29, 2020 10:40 AMEDT

What a disaster SAN Gold turned out to be...

https://www.gurufocus.com/news/269386/san-gold-a-growing-gold-producer-trading-below-book-value

Kerr Mines « ...really does not care about share-holders!

"... @AlohaGold88 Another day & yet another day with NO news. This company really does not care about their share-holders!..."

https://ceo.ca/ker

Unfortunately, I concur! What is the game? What do they need to suppress?

Golden Lake is pleased to announce the appointment of Giulio Bonifacio to...

https://www.itbusinessnet.com/2020/06/golden-lake-announces-appointments/

https://www.kitco.com/news/2020-06-29/If-history-repeats-itself-gold-prices-headed-to-4-000-in-three-years-Frank-Holmes.html

"... Gold prices have seen a positive correlation to the expansion of the Federal Reserve’s assets, and as the Fed embarks on the largest stimulus program in its history, the yellow metal is set rally in the same fashion as in the aftermath of the last recession, said Frank Holmes, CEO of U.S. Global Investors.

“In the next three years, if we look back, if [history] repeats itself, from 2008, 2009 to 2011, that three year run saw gold go from a $750 - $800 range up to $1,900. If we forecast that because we have the same expansion of the balance sheet of the Fed then it would project, if cycles are exactly the same, gold could go to $4,000,” Holmes said. ..."

San Gold Corporation (SGRCF)
0.005 ? 0.0012 (31.58%)
Volume: 488,000 @06/29/20 10:28:09 AM EDT
Bid Ask Day's Range
0.0038 0.0069 0.0038 - 0.005

I thought SAN Gold was defunct?

Hmmm...

https://www.whitesecuritieslaw.com/2017/04/15/san-gold-corporation-investment-losses/

"... From Reflecting to Projecting BY PETER GROSSKOPF | FRIDAY, JUNE 26, 2020

On the eve of Sprott's planned listing on the NYSE, I thought it appropriate to take stock of our history and the decade of my tenure as Chief Executive Officer of the firm. ..." https://sprott.com/insights/a-message-from-the-ceo-from-reflecting-to-projecting/


https://kerrmines.com/kerr-mines-closes-financing-with-sprott-resource-lending/