Kootenay Announces Closing of CDN$2,000,000 Private Placement by Pan American Silver


VANCOUVER, March 4, 2016 /CNW/ – Kootenay Silver Inc.(TSX.V: KTN) (“Kootenay”) is pleased to announce that it has closed the private placement transaction with Pan American Silver Corp. (TSX: PAA, NASDAQ: PAAS) (“Pan American”), previously announced and described in Kootenay’s news releases dated February 16, 2016 and February 26, 2016, pursuant to which Pan American has subscribed for 9,090,909 Kootenay shares at a price of CDN$0.22 per Kootenay share for an aggregate subscription price of CDN$2,000,000 (the “Private Placement“).

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