|Bid||0.0050 x 0|
|Ask||0.0100 x 0|
|Day's Range||0.0050 - 0.0050|
|52 Week Range||0.0050 - 0.0300|
|Beta (3Y Monthly)||-0.39|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.50|
Kilo Goldmines Ltd. (“Kilo” or the “Company”) (TSX VENTURE: KGL) announced today that it and direct subsidiary, Kilo Goldmines Inc. (“Kilo Inc.”, and together with Kilo, the “Borrowers”) have entered into an agreement (the “Agreement”) with Resolute (Treasury) Pty Ltd (“Resolute”) and Loncor Resources Inc. (“Loncor”) that will result in the extinguishment of all amounts owing by the Borrowers under a credit facility provided by major shareholder Resolute, which has been in default since March 14, 2019.
The board of directors of Kilo Goldmines Ltd. (“Kilo” or the “Company”) (TSX VENTURE: KGL) wishes to provide shareholders and other market participants with an update on its business plans, operations, and financial condition. As previously announced, Kilo has a secured credit facility with its major shareholder, Resolute (Treasury) Pty Ltd (“Resolute”), from which A$750,000 has been drawn down. Under the terms of the credit facility, the principal plus accrued interest was repayable on March 14, 2019.
We're definitely into long term investing, but some companies are simply bad investments over any time frame. It hits...
TORONTO, March 11, 2019 -- Kilo Goldmines Ltd. (“Kilo” or the “Company”) (TSX VENTURE: KGL) announced today that Mr. John Welborn has resigned as a director of the Company. On.
Kilo Goldmines Ltd. (“Kilo” or the “Company”) (TSX VENTURE: KGL) is pleased to announce that it has received the final draw down of A$250,000 under its previously announced A$750,000 secured term credit facility from major shareholder Resolute (Treasury) Pty Ltd (“Resolute”). Kilo is also pleased to announce that Resolute has agreed to extend the repayment date of the loan from December 14, 2018 to March 14, 2019. Under the loan agreement, Kilo also has the right to extend repayment for a period of 30 days in certain circumstances.