Kingfisher Announces $7 Million Brokered Private Placement
Kingfisher Metals Corp. (TSXV:KFR) (FSE: 970) (“Kingfisher“ or the “Company“) is pleased to announce that that it has entered into an agreement with Beacon Securities Limited (“Beacon” or the “Agent”) to act as sole agent in connection with a “best efforts” private placement offering of a combination of up to 4,000,000 non-flow-through units (the “NFT Units“) at a price of $0.25 per NFT Unit (the “NFT Issue Price“) and up to 14,458,000 flow-through units (the “Premium FT Units” and, together with the NFT Units, the “Offered Securities”) at a price of $0.415 per Premium FT Unit (the “Premium FT Issue Price”) for aggregate gross proceeds of up to $7,000,070 (collectively, the “Offering”). Each NFT Unit will consist