Welcome aboard John! The recent strenght has surprised me somewhat - I can only assume the nickel property is liked by the majors - who have come in and had a look.
Directores continue to buy:
KODIAK ANNOUNCES $200,000 FINANCING
Kodiak Exploration Ltd. has arranged short-term financing of $200,000 pending negotiation of final terms of a significant equity financing, to permit it to get an early start on its winter exploration program on its Knucklethumb project. The financing will be in the form of loans from a director and a brother of that director. The loans will bear interest at the Royal Bank prime rate plus 2 per cent per year, and will be payable on demand at any time after the earlier of that time, if any, at which the company receives gross proceeds of not less than $2.2-million from a brokered or non-brokered equity financing and March 31, 2005.
