Kingfisher Continues to Expand its Consolidated HWY 37 Project in the Golden Triangle with the Closing of the Hickman Project Acquisition
Kingfisher Metals Corp. (TSX-V: KFR) (FSE: 970) (OTCQB: KGFMF) (“Kingfisher” or the “Company”) is pleased to announce that it has closed the acquisition of the Hickman project (the “Hickman Project”) from Golden Ridge Resources Ltd. (“Golden Ridge”) (the “Transaction”), which was previously announced on February 6, 2025. Under the terms of the definitive agreement, the Company issued 256,410 common shares in the capital of Kingfisher to Golden Ridge and granted a 2% net smelter return royalty (the “NSR”) to Golden Ridge. The Company will have the right to buy back 1% of the NSR for C$5,000,000 at any time. The NSR covers the entirety of the Hickman Project except for the portion of the mineral claims that fall within a 1