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KFR.V ·

Kingfisher Strengthens Technical Team

Management Changes

Kingfisher Strengthens Technical Team

VANCOUVER, British Columbia - January 20, 2025 - Kingfisher Metals Corp. (TSX -V: KFR) (FSE: 970)

(OTCQB: KGFMF) (“Kingfisher” or the “Company”) is pleased to announce the appointment of Tyler

Caswell as Vice President of Exploration. Mr. Caswell has a wealth of porphyry Cu -Au experience

throughout British Columbia and South America and recently held the same title at NorthWest Copper.

Mr. Caswell is a registered professional geologist with over 20 years of experience in mineral exploration,

having worked in Peru, Chile, Argentina, Laos, Nunavut, the Yukon, and northern British Columbia. He has

focused on exploring for base and precious metals. Most recently, Mr. Caswell served as Vice President of

Exploration for NorthWest Copper, where he led discovery teams at the Stardust Project, achieving a drilling

result of 2.51% copper, 3.03 g/t gold , and 52.5 g/t silver over 100.0 meters 1. He was also involved in the

Kwanika Project, where they drilled 2.00% copper, 1.21 g/t gold, and 5.3 g/t silver over 235.45 meters2. His

experience encompasses both producers and junior mining companies, covering brownfield and greenfield

exploration programs. He holds a B.Sc. (with distinction) from the University of Victoria.

The addition of Mr. Caswell enhances the operations and exploration management capabilities of the

Company's team. This strategic addition enables Gayle Febbo, the previous Vice President of Exploration,

to assume a technical role as Chief Geologist, allowing Kingfisher to effectively manage one of the most

significant tenure positions in the Golden Triangle while enabling Ms. Febbo to focus solely on geoscience

and drill targeting.

"I have been trying to recruit Tyler to the Kingfisher team for several years due to his expertise in discovery-

stage project management and our shared enthusiasm for the discovery process. Given the exciting recent

developments in our Company, we were finally able to make this happen. Adding Tyler to the team will not

only provide immediate benefits but also facilitate our continued growth as a company. I am equally excited

that Gayle can now dedicate 100% of her time to drill targeting and evaluating the highly prospective 819

km² tenure package we have assembled. An exploration company is only as good as its people and

projects, and this move aligns with the aggressive consolidation we have undertaken," states Dustin Perry,

CEO.

"I am excited to join Kingfisher’s leadership group and contribute to their highly skilled technical team in my

new role as VP Exploration. Kingfisher has a highly prospective and extensive land position in the Golden

Triangle, and the team is very motivated to make a major discovery," stated Mr. Caswell. "Now is an exciting

time for Kingfisher, it is a company poised for success as copper projects are at the heart of the Global

Critical Metals effort."

Stock option grant

Kingfisher also announces the grant of 1,850,000 stock options that are exercisable for a period of five

years at a price of C$0.17 per share to its directors, officers, and various staff members.

1 See Sun Metals news release dated November 14, 2018, available on www.sedarplus.ca.

2 See NorthWest Copper news release dated October 27, 2021, available at www.sedarplus.ca.

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 (100%) two district-scale orogenic gold projects in British Columbia that total 641 km2.

The Company currently has 54,683,583 shares outstanding.

For further information, please contact:

Dustin Perry, P.Geo.

CEO and Director

Phone: +1 778 606 2507

E-Mail: [email protected]

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 ac hievements 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 b y 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.