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KGL KGL Resources Ltd

0.16
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
KGL Resources Ltd TSXV:KGL TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.16 0.11 0.16 0 01:00:00

Kilo Goldmines Announces Corporate Update

02/06/2014 9:00pm

Marketwired Canada


Kilo Goldmines Ltd. ("Kilo" or the "Corporation") (TSX
VENTURE:KGL)(FRANKFURT:02K), a gold exploration company whose principal assets
are located in the Democratic Republic of the Congo, announces that it has
retained Questrade Inc. ("Questrade") to provide market-making services in
accordance with TSX Venture Exchange guidelines. The term of the agreement is
twelve months, beginning June 2, 2014, at a cost of $4,500 per month. The
appointment of Questrade is subject to approval of the TSX Venture Exchange.
Either party may terminate the agreement with 30 days written notice. Though
Kilo and Questrade are unrelated and unaffiliated entities and Questrade will
not receive shares or options as compensation, Questrade and its clients have or
may have a direct interest in the securities of the Corporation.


About Questrade

Questrade Inc. provides Canadians with high-speed, direct-access trading in the
U.S. and Canadian stock and options markets through its IQ trading platforms.
Questrade offers market-making services on behalf of TSX and TSX Venture
Exchange listed companies providing liquidity on the stock exchange for
shareholders.


For further information, please contact:

Eitan Spiro

Tel: +1 416 227 7602

Email: espiro@questrade.com

Website: www.questrade.com

ABOUT KILO

Kilo Goldmines Ltd. is a Canadian gold exploration company that is listed on the
TSX Venture Exchange under the symbol 'KGL' and on the Frankfurt Exchange under
the symbol '02K'. The Company holds about 3,000 square kilometres of favourable
Archaean Kibalian greenstone in the Kilo-Moto area in the Democratic Republic of
the Congo. Kilo's principal focus is to advance its projects from exploration
through feasibility to project development and ultimately to full production in
a socially and environmentally responsible manner. The Corporation owns a 71.25%
interest in the DRC entity that holds the Somituri Project Exploitation Permits.


DISCLAIMER

This news release may contain forward-looking statements concerning future
operations of Kilo Goldmines Ltd. All forward-looking statements concerning
Kilo's future plans and operations, including management's assessment Kilo's
project expectations or beliefs may be subject to certain assumptions, risks and
uncertainties beyond Kilo's control. Investors are cautioned that any such
statements are not guarantees of future performance and that actual performance
and exploration and financial results may differ materially from any estimates
or projections.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


Such statements are not guarantees of future performance and that actual
performance and exploration and financial results may differ materially from any
estimates or projections.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Kilo Goldmines Ltd.
Alex van Hoeken
Chief Executive Officer (CEO) & President
+1 416 360 3406
info@kilogoldmines.com
www.kilogoldmines.com

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