Kingfisher Metals Corp. Announces $1.25 Million Private Placement

Kingfisher Metals Corp. has announced a non-brokered private placement aiming to raise up to $1.25 million. The offering will issue units at $0.165 each, comprising one common share and half a transferable warrant. Each whole warrant can purchase an additional share at $0.30 within 24 months post-closing.

The proceeds are intended for expanding Kingfisher's business, including acquiring the Ball Creek West project, and general capital purposes. The private placement will occur in Canadian provinces under prospectus exemptions.

Regulatory approvals, including TSX Venture Exchange acceptance, are required for the offering. Units will have a hold period of four months plus one day. Arm's-length parties may receive cash finder's fees or warrants.