Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to report that it closed its non-brokered private placement financing (the “Private Placement”) of units (each a “Unit”) for gross proceeds of $5,000,000 ($0.16 per Unit), announced on August 13, 2019. The entire Private Placement was fully subscribed by Mr. Eric Sprott.