June 5, 2017 / 4:58 PM / 3 months ago

BRIEF-K2 GOLD CORP ANNOUNCES PROPOSED PRIVATE PLACEMENT OF UP TO $1 MLN

June 5 (Reuters) - K2 Gold Corporation

* K2 GOLD CORPORATION ANNOUNCES PROPOSED PRIVATE PLACEMENT OF UP TO $1.0 MILLION

* PROCEEDS WILL BE USED TOWARDS CO'S EXPLORATION PROGRAM AT WELS PROPERTY, WEST-CENTRAL YUKON TERRITORY, CO'S FUTURE EXPLORATION PLANS AT FLUME, STORCK, LADUE PROPERTIES

* FUNDS WILL ALSO BE USED TO FULFIL OPTION PAYMENTS UNDER OPTION AGREEMENT FOR WELS Source text for Eikon: Further company coverage:

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