This one looks interesting, if ya play those canuck stocks. woulda been a great find in august.
Thursday November 29, 4:34 pm ET - Kodiak Drills High Grade Gold Over Minable Widths in Multiple Drill Holes The discovery of The Golden Gate vein in a distal portion of the Elmhurst Lake intrusion demonstrates the strong potential of the entire area. Based on results to date, it is expected that further prospecting, utilizing geophysical guidance, will lead to the discovery of numerous parallel veins within this system. We are very encouraged by this new discovery, because although Archean vein systems are well known for their continuity at depth, it is extremely rare to see so many large gold bearing veins at surface in such abundance and with such continuity and proximity. Early results demonstrate we have barely scratched the surface of this 30 square km area. It is exciting to watch this system quickly developing into what appears to be a very significant new gold discovery."
Nov 27, 2007 -- Kodiak Exploration Limited (CDNX:KXL.V - News)(Frankfurt:KX3.F - News) is pleased to announce that it has closed its bought deal financing announced November 6, 2007, consisting of 2,499,984 flow-through shares issued at the price of $4.80 each and 11,032,658 non-flow-through shares issued at the price of $3.80 each, raising an aggregate of $53,924,023. No warrants were issued in connection with the financing.
ADVERTISEMENT National Bank Financial Inc. and Cormark Securities Inc. co-led the syndicate of underwriters for the financing, which included CIBC World Markets, RBC Capital Markets, Dundee Securities Corporation, Paradigm Capital Corporation and Raymond James Ltd. Insiders of Kodiak and relatives, close friends and associates of insiders of Kodiak purchased approximately $5,000,000 of the private placement.
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