Kingfisher Announces Update to Operations at HWY 37 Project and Private Placement
Kingfisher Announces Update to Operations at HWY 37 Project and
Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISEMMINATION IN THE UNITED STATES
VANCOUVER, British Columbia – July 17, 202 3 – Kingfisher Metals Corp. (TSX -V: KFR) (FSE: 970)
(OTCQB: KGFMF) (“Kingfisher” or the “Company”) announces that, further to its news release dated May
15, 2023, it has received an extension from the TSX Venture Exchange (“TSX-V”) to close its non-brokered
private placement of charity flow-through units (the “Charity FT Units”) at a price of $0.12 per Charity FT
Unit and flow-through units (the “FT Units” and, collectively with the Charity FT Units, the “Offered Units”)
at a price of $0.10 per FT Unit for aggregate gross proceeds of up to $3.0 million (the “Offering”).
The Offering is expected to close on or about August 3, 2023, and is subject to the receipt of all necessary
regulatory and other approvals, including, but not limited to, acceptance of the TSX-V. All terms of the
Offering remain the same.
Field crews have mobilized to the HWY 37 Project area and have commenced prep arations for camp and
drill pad construction for the proposed ~2,500 m diamond drill program, which is expected to start after
closing of the Offering.
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 underexplored district -scale projects in British Columbia, including the Golden Triangle region.
Kingfisher has three 100% owned district-scale projects and an option to earn 100% of the HWY 37 Project,
that offer potential exposure to gold, copper, silver, and zinc. The Company currently has 106,628,701
shares outstanding.
For further information, please contact:
Dustin Perry, P.Geo.
CEO and Director
Phone: +1 236 358 0054
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, perfo rmance 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 requ ire 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 regulatio ns 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. Reader s 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.