Kingfisher Announces Closing of Upsized Private Placement
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 Corp (TSX-V:KFR, OTCQB:KGFMF) ha concluso con successo un aumento della dimensione di un collocamento privato non intermediato, raccogliendo C$1.894.535 attraverso l'emissione di 11.482.030 unità al prezzo di C$0,165 per unità. Ogni unità include una azione comune e mezza warrant, con warrant interi esercitabili a C$0,30 per 24 mesi.
L'azienda ha pagato C$4.410 in commissioni in contante e ha emesso 26.726 warrant ai ricercatori idonei. Diversi insiders hanno partecipato all'offerta, inclusi il CEO Dustin Perry (121.212 unità), DCJL Management (30.303 unità), Alejandro Emiliano Gubbins Cox (1.818.182 unità), Crescat Portfolio Management (606.060 unità) e Stichting Depositary Plethora Precious Metals Fund (750.000 unità).
Kingfisher Metals Corp (TSX-V:KFR, OTCQB:KGFMF) ha cerrado con éxito un aumento de un placement privado no intermediado, recaudando C$1,894,535 mediante la emisión de 11,482,030 unidades a C$0.165 por unidad. Cada unidad incluye una acción común y media garantía, con garantías completas ejercitables a C$0.30 durante 24 meses.
La empresa pagó C$4,410 en comisiones en efectivo y emitió 26,726 garantías a los buscadores elegibles. Varios insiders participaron en la oferta, incluidos el CEO Dustin Perry (121,212 unidades), DCJL Management (30,303 unidades), Alejandro Emiliano Gubbins Cox (1,818,182 unidades), Crescat Portfolio Management (606,060 unidades) y Stichting Depositary Plethora Precious Metals Fund (750,000 unidades).
킹피셔 메탈스 Corp (TSX-V:KFR, OTCQB:KGFMF)는 비중개 민간 배치를 성공적으로 마감하였으며, C$1,894,535를 조달했습니다. 이는 C$0.165의 가격으로 11,482,030 단위를 발행한 것입니다. 각 단위는 한 개의 보통주와 반 개의 보증서를 포함하고 있으며, 전체 보증서는 24개월 동안 C$0.30로 행사 가능합니다.
회사는 C$4,410의 현금 수수료를 지급하고, 적격 중개인에게 26,726개의 중개인 보증서를 발행했습니다. 여러 내부자가 이번 제공에 참여하였으며, 그 중에는 CEO 더스틴 페리(121,212 단위), DCJL Management (30,303 단위), 알레한드로 에밀리아노 구빈스 콕스(1,818,182 단위), 크레스캣 포트폴리오 관리(606,060 단위), 스티칭 디포지터리 플레토라 프레셔스 메탈스 펀드(750,000 단위)가 있습니다.
Kingfisher Metals Corp (TSX-V:KFR, OTCQB:KGFMF) a réussi à clôturer un placement privé non intermédiaire augmenté, levant C$1,894,535 grâce à l'émission de 11,482,030 unités au prix unitaire de C$0,165. Chaque unité comprend une action ordinaire et une demi-option, les options complètes pouvant être exercées à C$0,30 pendant 24 mois.
L'entreprise a payé C$4,410 en commissions en espèces et a émis 26,726 options de recherche à des chercheurs éligibles. Plusieurs initiés ont participé à l'offre, y compris le PDG Dustin Perry (121,212 unités), DCJL Management (30,303 unités), Alejandro Emiliano Gubbins Cox (1,818,182 unités), Crescat Portfolio Management (606,060 unités) et Stichting Depositary Plethora Precious Metals Fund (750,000 unités).
Kingfisher Metals Corp (TSX-V:KFR, OTCQB:KGFMF) hat erfolgreich eine erhöhte, nicht vermittelte Privatplatzierung abgeschlossen, bei der C$1,894,535 durch die Ausgabe von 11,482,030 Einheiten zu einem Preis von C$0,165 pro Einheit gesammelt wurden. Jede Einheit umfasst eine Stammaktie und ein halbes Warrant, wobei vollständige Warrants für 24 Monate zu C$0,30 ausgeübt werden können.
Das Unternehmen zahlte C$4,410 in Barprovisionen und gab 26,726 Vermittler-Warrants an berechtigte Vermittler aus. Mehrere Insider nahmen an dem Angebot teil, darunter CEO Dustin Perry (121,212 Einheiten), DCJL Management (30,303 Einheiten), Alejandro Emiliano Gubbins Cox (1,818,182 Einheiten), Crescat Portfolio Management (606,060 Einheiten) und Stichting Depositary Plethora Precious Metals Fund (750,000 Einheiten).
- Successfully raised C$1,894,535 through private placement
- Strong insider participation with significant investments
- Offering was upsized due to high demand
- Potential dilution of existing shareholders due to new share issuance
- 24-month warrant exercise period at C$0.30 could create future selling pressure
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC / ACCESS Newswire / January 16, 2025 / 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 of 11,482,030 units of the Company (the "Units") at a price of C
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
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 Exchange and applicable securities law. The Company paid a total cash commission of C
All securities issued pursuant to the Offering, including common shares issuable upon the exercise of warrants or Finder Warrants, are and will be subject to a hold period of four months and one day after the date of closing of the Offering.
Multilateral Instrument 61-101 - Related Party Transaction
Dustin Perry, CEO, is an insider of the Company and participated in the Offering by purchasing 121,212 Units for an aggregate subscription price of C
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
About Kingfisher Metals Corp.
Kingfisher Metals Corp. (https://kingfishermetals.com/) is a Canadian based exploration company focused on copper-gold exploration in the Golden Triangle, British Columbia. The Company has quickly consolidated one of the largest land positions in the region at the contiguous 819 km2 HWY 37 Project. Kingfisher also owns (
For further information, please contact:
Dustin Perry, P.Geo.
CEO and Director
Phone: +1 778 606 2507
E-Mail: info@kingfishermetals.com
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
Forward-looking statements in this news release include, among others, statements relating to expectations regarding the expected closing date of the Offering, and other statements that are not historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: the Company may require additional financing from time to time in order to continue its operations which may not be available when needed or on acceptable terms and conditions acceptable; compliance with extensive government regulation; domestic and foreign laws and regulations could adversely affect the Company's business and results of operations; the stock markets have experienced volatility that often has been unrelated to the performance of companies and these fluctuations may adversely affect the price of the Company's securities, regardless of its operating performance.
The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
SOURCE: Kingfisher Metals Corp.
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