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Kerr Mines Closes Oversubscribed Private Placement and Convertible Note Financing from Sprott Lending

We have taken another very important step forward in the execution of our strategy and development plans for the Copperstone Gold Mine.  This financing will allow the Company to commence a resource expansion program and complete key elements of progressing the Copperstone Mine back into production. As a show of confidence in the extensive work that our team has achieved to date and the belief in our project, the entire Board and our VP Projects have participated in this financing

Kerr Mines Announces $2.5 Million Private Placement

PDF Version TORONTO, CANADA – November 9, 2018 – Kerr Mines Inc. (TSX: KER, OTC: KERMF, FRA: 7AZ1) (“Kerr” or the “Company”) announces that it intends to complete a private placement offering of approximately 17,857,143 units of the Company at a price of $0.14...

Kerr Mines announces US$27.6 million project financing and makes positive production decision

“We believe the terms of this financing are competitive and create value for our shareholders. It is another key milestone that our team has achieved in just over a year since taking the helm of the Company. With this funding arrangement now in place, we are highly focused on continuing to create shareholder value and are now able to turn our attention to achieving our next targets – production in 2019, expansion of resources and mine life ” continued Ciavarella

Kerr Mines Strengthens Executive Team with Appointment of VP Projects and Mine General Manager

On the heels of the successful 2017 Exploration Program and the positive results of the 2018 Preliminary Feasibility Study, the addition of David to the team provides a catalyst towards the goal of full gold production by the end of 2019,” said Martin Kostuik, President Kerr Mines. “David’s accomplishments in the areas of engineering, procurement and construction management in the mining industry are second to none. David also brings an array of experience to compliment his capital project skills including permitting, financing, mine operations and business development