Klondex Mines Ltd.

Klondex Mines Ltd. (TSX: KDX; OTCQX: KLNDF) is on the path to building a leading integrated gold and silver producer focused in North Central Nevada. The company is producing from its Midas mine and its Fire Creek high-grade gold project. The All-In costs are consolidated at 1,050 USD/Ounce Gold in 2015 and are declining further down. The company has cash and inventories of +75 Mio. USD. After the successful start in 2014 the first and second production year worked out well and the company is full on track for 2016 to produce up to 150,000 ounces gold. Through the purchase of the Rice Lake Mine- and Millicomplex the company expanded & diversified their business into Canada. Rice Lake will be an additional catalyst for the rising future production which should be in the midterm rise to 250.000 ounces gold per annum. 

Company Objectives

Organic Expansion of Midas and possible future production from Fire Creek, stable costs and if possible further cost reductions for the production of gold and silver. Slow start of exploration and production at Rice Lake in Canada if gold price stays above 1,300 USD per ounce. Longer-term is the start of dividend payments possible


Data & Facts

Outstanding shares: 127 Mio. shares
Options: 9.5 Mio. @ $ 1.52 average exercise price with 2.85 years duration
Warrants: 7 Mio. @ $ 2.00 average exercise price with 5.3 month duration
Fully diluted: 143.5 Mio. shares


Institutionals & Insider: Sun Valley Gold 15.2 %
  K2 Principal Fund 13.3 %
  US Global Investors 11.8 %
  Sentry Investments 11.1 %
  Glenn Pountney 6.5 %
  OFI Global Asset Mgmt 4.7 %
  Investors Group 4.7 %
  Van Eck 3.9 %
  Management 3.8 %
  RBC Global Asset Mgmt 1.4 %
Head Office: Klondex Mines Ltd.
  US Corporate Office
  360 Western Road, Suite 1
  Reno, NV 89506
  Phone: +1 775-284-5757
  Fax: +1 775-284-5756
Management: Paul Huet, A.Sc.T. – President, CEO und Direktor
  Barry Dahl – Chief Financial Officer
  Brent Kristof – Chief Operating Officer
  Mike Doolin – VP Business Development
  Alison Dwoskin – Manager, Investor Relations

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