KINGFISHER METALS CORP - KGFMF STOCK NEWS

Kingfisher Metals announced the closure of the final tranche of its private placement, raising a total of C$2,108,462.08. This includes the second tranche, which issued 6,869,998 units at C$0.175 per unit for C$1,202,249.65. The first tranche raised C$1,108,116. Each unit consists of one common share and one-half of one transferable common share purchase warrant, exercisable at C$0.30 for 24 months. Commissions were paid to an eligible finder, including a cash commission of C$630.00 and 3,600 finder warrants. Crescat Portfolio Management, an insider, participated in the second tranche, making the transaction a related party transaction exempt from formal valuation and minority shareholder approval requirements.

Kingfisher Metals Corp. (KGFMF) has closed the first tranche of its private placement financing, raising C$906,212.43 via 4,521,214 units at $0.175 per unit and 511,111 flow-through units at $0.225 per unit. Each unit includes one common share and half a warrant, while each flow-through unit consists of one flow-through share and half a non-flow-through warrant. Warrants can be exercised within 24 months at $0.30. The funds will be used for Canadian exploration expenses. A final tranche, aiming to raise an additional C$1,093,787.57, is expected to close in May 2024. Insider participation includes CEO Dustin Perry and other directors. The offering is subject to regulatory approvals and a four-month hold period.

Kingfisher Metals Corp. announces a consolidation of shares at a ratio of 5 pre-consolidation shares for 1 post-consolidation share, reducing outstanding shares to approximately 28 million. The move aims to enhance market competitiveness and attract a broader investor base.

Kingfisher Metals Corp. announces a non-brokered private placement to raise $2 million and a consolidation of common shares. The Offering includes flow-through units and units at specific prices, with warrants attached. The Company plans to use the proceeds for eligible Canadian exploration expenses. The Consolidation will reduce the number of common shares outstanding significantly. The Offering is subject to regulatory approvals and hold periods. Certain parties may receive finder's fees. The Company's name and symbols will remain unchanged.

Kingfisher Metals Corp. announces a non-brokered private placement to raise up to $2.0 million through flow-through units and units, with each unit comprising common shares and purchase warrants. The proceeds will fund qualifying expenditures for the company's projects in British Columbia. The offering is subject to regulatory approvals and will include a hold period for the securities. The company aims to renounce all qualifying expenditures to subscribers of the flow-through units by December 31, 2024.

Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(OTCQB:KGFMF) announced the full results of the 2023 diamond drilling program at the HWY 37 Project in northwest British Columbia, revealing significant potential for the discovery of large porphyry systems. The Mary porphyry system, one of three advanced targets, expanded the northerly strike length and increased the width, with drilling uncovering a large alteration body below the barren cover. The company is looking forward to continued drilling in 2024 at this underexplored porphyry district within the prolific Golden Triangle of British Columbia.

Kingfisher Metals Corp. has completed diamond drilling at the HWY 37 Project in Northwest British Columbia. A total of 2150 m was drilled over 6 holes, targeting the Cliff porphyry, the Mary Root Zone, and the Mary deposit southern step-out. Drill core samples are currently being assayed.