Kingfisher Announces Update to Private Placement
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 (TSXV:KFR)(OTCQB:KGFMF) ha annunciato un aumento del suo collocamento privato non mediato precedentemente annunciato a causa dell'elevata domanda. L'azienda raccoglierà ora fino a $1.750.000 attraverso l'offerta di unità al prezzo di $0.165 per unità. Ogni unità consiste in un'azione comune e in un mezzo warrant trasferibile per l'acquisto di azioni comuni. Ogni warrant intero sarà esercitabile a $0.30 per 24 mesi dalla data di chiusura.
I proventi saranno utilizzati per espandere le operazioni commerciali di Kingfisher, compresa l'acquisizione del progetto Ball Creek West da P2 Gold Inc., e per scopi generali di capitale di esercizio.
Kingfisher Metals (TSXV:KFR)(OTCQB:KGFMF) ha anunciado un aumento en su colocación privada no mediada previamente anunciada debido a la alta demanda. La empresa ahora recaudará hasta $1,750,000 mediante la oferta de unidades a un precio de $0.165 por unidad. Cada unidad consta de una acción ordinaria y medio warrant transferible para la compra de acciones ordinarias. Cada warrant completo será ejercitable a $0.30 durante 24 meses a partir de la fecha de cierre.
Los ingresos se utilizarán para expandir las operaciones comerciales de Kingfisher, incluida la adquisición del proyecto Ball Creek West de P2 Gold Inc., y para fines generales de capital de trabajo.
킹피셔 메탈스 (TSXV:KFR)(OTCQB:KGFMF)는 높은 수요로 인해 이전에 발표된 비중개 사모 배치의 증가를 발표했습니다. 이 회사는 이제 단위당 $0.165의 가격으로 $1,750,000까지 모집할 것입니다. 각 단위는 하나의 일반 주식과 하나의 일반 주식 구매 워런트의 절반으로 구성되어 있습니다. 각 전체 워런트는 종료일로부터 24개월 이내에 $0.30에 행사할 수 있습니다.
조달된 자금은 킹피셔의 사업 운영을 확장하는 데 사용되며, 발 크릭 웨스트 프로젝트를 P2 Gold Inc.로부터 인수하는 것과 일반 운영 자본 목적에 사용됩니다.
Kingfisher Metals (TSXV:KFR)(OTCQB:KGFMF) a annoncé une augmentation de son placement privé non intermédié précédemment annoncé en raison d'une forte demande. La société collectera désormais jusqu'à $1,750,000 grâce à l'offre d'unités au prix de $0.165 par unité. Chaque unité consiste en une action ordinaire et une moitié d'un bon de souscription transférable d'actions ordinaires. Chaque bon complet pourra être exercé à $0.30 pendant 24 mois à partir de la date de clôture.
Les produits seront utilisés pour étendre les opérations commerciales de Kingfisher, y compris l'acquisition du projet Ball Creek West de P2 Gold Inc., et pour des besoins généraux de fonds de roulement.
Kingfisher Metals (TSXV:KFR)(OTCQB:KGFMF) hat eine Erhöhung seiner zuvor angekündigten nicht vermittelten Privatplatzierung bekannt gegeben, die aufgrund der hohen Nachfrage erfolgt. Das Unternehmen wird nun bis zu $1.750.000 durch das Angebot von Einheiten zu einem Preis von $0.165 pro Einheit sammeln. Jede Einheit besteht aus einer Stammaktie und einem halben übertragbaren Kaufwarrant für Stammaktien. Jeder volle Warrant kann innerhalb von 24 Monaten nach dem Abschlussdatum zu $0.30 ausgeübt werden.
Die Erlöse werden verwendet, um die Geschäftstätigkeiten von Kingfisher zu erweitern, einschließlich der Akquisition des Ball Creek West Projekts von P2 Gold Inc. und für allgemeine Betriebskapitalzwecke.
- Increased private placement size due to high investor demand
- Secured funding of up to $1,750,000
- Planned acquisition of Ball Creek West project
- Potential shareholder dilution from new share issuance
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISEMMINATION IN THE UNITED STATES
VANCOUVER, BC / ACCESSWIRE / December 17, 2024 / Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(OTCQB:KGFMF) ("Kingfisher" or the "Company") is pleased to announce that due to demand the Company will increase its previously announced non-brokered private placement of units (the "Units") at a price of
Each Unit will consist of one common share and one-half of one 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
The net proceeds from the Offering will be used for, but are not limited to, continuing to expand Kingfisher's business, including the acquisition of the Ball Creek West project from P2 Gold Inc., and general working capital purposes.
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: +1 236 358 0054
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.
View the original press release on accesswire.com
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