Kingfisher Announces Closing of Upsized Private Placement
Kingfisher Metals Corp. (TSX-V: KFR) (FSE: 970) (OTCQB: KGFMF) (“Kingfisher” or the “Company”) is pleased to announce that further to its news releases dated December 10, 2024, December 17, 2024, and January 10, 2025, that due to demand the Company increased its previously announced non-brokered private placement (the “Offering”)and has closed the Offering through the issuance of11,482,030 units of the Company (the “Units”) at a price of C$0.165 per Unit for aggregate gross proceeds ofC$1,894,535. Each Unit consists of one common share and one-half of one non-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 C$0.30. In connection with the Offering, commissions on the sale of the Units were paid to eligible finders (the “Finders”) in accordance with the policies of the TSX Venture