BRIEF-Klondike gold announces $1.2 mln private placement
May 18 (Reuters) - Klondike Gold Corp :
* 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: Further company coverage:
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