January 16, 2017 / 12:51 PM / 7 months ago

BRIEF-Kivalliq announces $3 mln financing package

Jan 16 (Reuters) - Kivalliq Energy Corp -

* Kivalliq announces $3 million financing package; Sandstorm makes equity investment and payment for royalty portfolio

* Will receive C$2.1 by issuing up to an aggregate of 25,925,000 units, at price of C$0.08 per unit

* Says net proceeds will be used to fund exploration and property costs at Kivalliq's projects in Canada Source text for Eikon: Further company coverage:

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