Star Metro - Kingfisher Announces Upsize to Private Placement

NYSE - LSE

RBGPF	-0.06%	76.95	$
CMSC	-0.55%	23.74	$
CMSD	-1.19%	23.62	$
AZN	-0.11%	79.9	$
NGG	-0.4%	70.57	$
GSK	0.58%	39.67	$
RELX	-0.62%	46.67	$
RIO	-0.26%	62.72	$
SCS	0.12%	16.74	$
BTI	1.2%	56.89	$
JRI	1.1%	13.6	$
VOD	0.33%	11.96	$
BCC	-0.31%	87	$
BCE	0.56%	24.96	$
RYCEF	0.82%	14.62	$
BP	-0.34%	35.23	$

Kingfisher Announces Upsize to Private Placement

THINGS TO KNOW 10.01.2025

Kingfisher Announces Upsize to Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISEMMINATION IN THE UNITED STATES

Text size:

Kingfisher Metals Corp. (TSX-V:KFR)(FSE:970)(OTCQB:KGFMF) ("Kingfisher" or the "Company") is pleased to announce that due to demand the Company will increase its previously announced non-brokered private placement of units (the "Units") at a price of $0.165 per Unit to aggregate gross proceeds of up to $1,850,000 (the "Offering"), which was previously announced on December 10, 2024, and December 17, 2024.

Each Unit will consist of one common share and one-half of one transferable common share purchase warrant. Each whole warrant will be exercisable to acquire one additional common share of the Company for 24 months from the closing date of the Offering at an exercise price of $0.30.

The net proceeds from the Offering will be used for, but are not limited to, continuing to expand Kingfisher's business, including the acquisition of the Ball Creek West project from P2 Gold Inc., and general working capital purposes.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Kingfisher Metals Corp.

Kingfisher Metals Corp. (https://kingfishermetals.com/) is a Canadian based exploration company focused on copper-gold exploration in the Golden Triangle, British Columbia. The Company has quickly consolidated one of the largest land positions in the region at the contiguous 819 km² HWY 37 Project. Kingfisher also owns (100%) two district-scale orogenic gold projects in British Columbia that total 641 km². The Company currently has 43,201,553 shares outstanding.

For further information, please contact:

Dustin Perry, P.Geo.
CEO and Director
Phone: +1 778 606 2507
E-Mail: [email protected]

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

Cautionary Note Regarding Forward-Looking Statements

This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.

Forward-looking statements in this news release include, among others, statements relating to expectations regarding the expected closing date of the Offering, and other statements that are not historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: the Company may require additional financing from time to time in order to continue its operations which may not be available when needed or on acceptable terms and conditions acceptable; compliance with extensive government regulation; domestic and foreign laws and regulations could adversely affect the Company's business and results of operations; the stock markets have experienced volatility that often has been unrelated to the performance of companies and these fluctuations may adversely affect the price of the Company's securities, regardless of its operating performance.

The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

SOURCE: Kingfisher Metals Corp.

F.Davis--SMC

Featured

Vietnam marks 80 years of independence in record celebrations

Vietnam held its largest-ever public celebrations on Tuesday to mark 80 years since the declaration of independence, with legions of lock-stepped patriots marching under fluttering flags.

Formation Metals Finalizes Team for Fully Funded 10,000 Metre Drill Program at the Advanced N2 Gold Project, Prepares to Commence Drilling

Highlights:Formation has planned a 20,000 metre multi-phase drill program at its flagship N2 Gold Project near Matagami, Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 Mt grading 1.4 g/t Au (~809,000 oz Au) across four zones (A, East, RJ-East, and Central)2,3 and 243 Kt grading 7.82 g/t Au (~61,000 oz Au) across the RJ zone2,4.Phase 1 is a fully funded 10,000 metre program focusing on targets in the "A" zone, a shallow, highly continuous, low-variability historic gold deposit with ~522,900 ounces of which only ~35% of strike has been drilled (>3.1 km open), and the "RJ" zone, host to high-grade intercepts from historical drill holes as high as 51 g/t Au over 0.8 metres2, which was expanded by Agnico Eagle Mines in 2008 in the most recent drilling at the Property.Formation has selected Forage DCB Drilling of Rouyn-Noranda to complete the drilling and anticipates commencing its drill program in early September. Its technical team has mobilized to N2 to verify access roads and drill pad areas for accessibility prior to the commencement of drilling.The Company has working capital of ~C$5.3M with zero debt, putting it in a very strong financial position to execute its exploration programs. Inclusive of provincial tax credits from the Quebec government, Formation's exploration budget for 2025-2026 is set at ~$5.7M.Formation is now funded to complete the $5M work commitment required to earn-in to 100% of the N2 Gold Project within two years, four years ahead of schedule.

Star Copper Provides Summary of Phase 1 Exploration Activities at Star Project in Northwestern British Columbia

Company confirms and expands project scope and fine tunes targeting for Phase 2 drilling

Ecora Resources PLC Announces Sale of Dugbe Gold Royalty for up to $20m

LONDON, UK / ACCESS Newswire / September 2, 2025 / Ecora (LSE:ECOR)(TSX:ECOR)(OTCQX:ECRAF) announces that it has agreed to sell a wholly-owned subsidiary, which holds a 2% Net Smelter Return royalty over the development stage Dugbe Gold Project in Liberia, to a subsidiary of Elemental Altus Royalties Corp. for a total consideration of up to $20.0m.