Kingfisher Metal - KGFMF STOCK NEWS

Kingfisher Metals Corp. (TSX-V:KFR, OTCQB:KGFMF) has completed the acquisition of the Hickman Project from Golden Ridge Resources The transaction involves issuing 256,410 Kingfisher common shares and granting a 2% net smelter return royalty (NSR) to Golden Ridge, with Kingfisher retaining the right to buy back 1% of the NSR for C$5,000,000.

The Hickman Project consists of two claims totaling 3,008 hectares adjacent to Kingfisher's HWY 37 Project in British Columbia's Golden Triangle. The acquisition expands the consolidated HWY 37 Project to 849 km². The project shows promising potential for Cu-Au porphyry systems, with recent rock sampling from 2019 yielding up to 5.3% Cu and 0.28 g/t Au at the undrilled Hickman Target, which spans 5 km and is located 6 km from the Schaft Creek deposit.

Kingfisher Metals Corp. (KGFMF) has signed a definitive agreement to acquire the Hickman Project from Golden Ridge Resources The project consists of two claims totaling 3,008 hectares and is located adjacent to Kingfisher's HWY 37 Project in Northwest British Columbia's Golden Triangle.

The Hickman Project shows high potential for Cu-Au porphyry systems and features an undrilled copper-gold geochemical anomaly at the Hickman Target, with recent rock sampling results showing up to 5.3% Cu and 0.28 g/t Au. The acquisition will expand the consolidated HWY 37 Project to 849 km².

Under the agreement terms, Kingfisher will issue shares valued at C$50,000 at C$0.195 per share and grant a 2% NSR to Golden Ridge, with an option to buy back 1% for C$5,000,000. The transaction is pending TSX Venture Exchange approval.

Kingfisher Metals Corp. (KGFMF) has completed the acquisition of the Ball Creek West (BAM) Project from P2 Gold Inc. The transaction involved issuing 1,515,151 common shares and paying C$950,000 in cash. The BAM Project, comprising 54 claims over 18,893 hectares, is located in British Columbia's Golden Triangle and is adjacent to Kingfisher's HWY 37 Project.

The acquisition expands Kingfisher's consolidated HWY 37 Project to 819 km², making it the largest contiguous project held by a non-producing company in the Golden Triangle. The BAM Project includes three grassroots, large-scale target areas: Northmore, Mess Creek, and Hickman, and is considered highly prospective for Cu-Au porphyry systems.

The project is subject to royalty agreements including a 1% net smelter return to Evrim Exploration Canada Corp. and a 2% net smelter return to Sandstorm Gold , with provisions for buydown and milestone payments up to C$4,100,000.

Kingfisher Metals (TSX-V:KFR, OTCQB:KGFMF) has appointed Tyler Caswell as Vice President of Exploration. Caswell, a professional geologist with over 20 years of experience, previously held the same position at NorthWest Copper where he led successful discovery teams at the Stardust Project (2.51% copper, 3.03 g/t gold, 52.5 g/t silver over 100.0 meters) and Kwanika Project (2.00% copper, 1.21 g/t gold, 5.3 g/t silver over 235.45 meters).

This appointment allows former VP of Exploration Gayle Febbo to transition to Chief Geologist, focusing on geoscience and drill targeting across the company's 819 km² tenure in the Golden Triangle. The company has also granted 1,850,000 stock options to directors, officers, and staff, exercisable for five years at C$0.17 per share.

Kingfisher Metals Corp (TSX-V:KFR, OTCQB:KGFMF) has successfully closed an upsized non-brokered private placement, raising C$1,894,535 through the issuance of 11,482,030 units at C$0.165 per unit. Each unit includes one common share and half a warrant, with whole warrants exercisable at C$0.30 for 24 months.

The company paid C$4,410 in cash commissions and issued 26,726 finder warrants to eligible finders. Several insiders participated in the offering, including CEO Dustin Perry (121,212 units), DCJL Management (30,303 units), Alejandro Emiliano Gubbins Cox (1,818,182 units), Crescat Portfolio Management (606,060 units), and Stichting Depositary Plethora Precious Metals Fund (750,000 units).

Kingfisher Metals (TSX-V:KFR, OTCQB:KGFMF) has announced an increase to its previously announced non-brokered private placement due to high demand. The company will now raise up to $1,850,000 through the offering of units priced at $0.165 each.

Each unit consists of one common share and one-half of a transferable common share purchase warrant. Each whole warrant can be exercised at $0.30 per share for a 24-month period following the closing date.

The proceeds will be used to expand Kingfisher's business operations, including the acquisition of the Ball Creek West project from P2 Gold Inc., and for general working capital purposes.

Kingfisher Metals (TSXV:KFR)(OTCQB:KGFMF) has announced an increase to its previously announced non-brokered private placement due to high demand. The company will now raise up to $1,750,000 through the offering of units priced at $0.165 per unit. Each unit consists of one common share and one-half of a transferable common share purchase warrant. Each whole warrant will be exercisable at $0.30 for 24 months from the closing date.

The proceeds will be used to expand Kingfisher's business operations, including the acquisition of the Ball Creek West project from P2 Gold Inc., and for general working capital purposes.

Kingfisher Metals Corp (TSXV:KFR)(OTCQB:KGFMF) has announced a non-brokered private placement offering to raise up to $1.25 million through the sale of units at $0.165 per unit. Each unit comprises one common share and one-half of a transferable share purchase warrant. Each whole warrant can be exercised at $0.30 per share within 24 months of closing.

The proceeds will fund the company's expansion, including the acquisition of the Ball Creek West project from P2 Gold Inc., and general working capital. The offering is subject to regulatory approvals, including TSXV acceptance, and securities will have a four-month hold period. Arm's-length parties may receive finder's fees subject to TSXV approval.

Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(OTCQB:KGFMF) held its annual general meeting of shareholders on December 4, 2024, in Vancouver, British Columbia. Shareholders approved the following key items: fixing the number of directors at six, electing all five nominees as directors, appointing De Visser Gray LLP as the company's auditor, and approving the company's stock option plan. The meeting's decisions were based on the Management Information Circular dated November 4, 2024, which is available on SEDAR+.