Kingfisher Metals Corp. Commences Trading on TSX Venture Exchange, Completes Transition under New CPC Policy

Kingfisher Metals Corp. Commences Trading on TSX Venture

Exchange, Completes Transition under New CPC Policy

Vancouver, B.C. – March 18, 2021 – Kingfisher Metals Corp . (TSX-V: KFR) (“KFR” or the “Company”) is

pleased to announce that the Company has commenced trading on the TSX Venture Exchange (“TSX-V”)

under the symbol “KFR”.

This listing follows the closing of the Company’s qualifying transaction with Seashore Resource Partners

Corp. The concurrent private placement of C$ 6.03 million provides the Company with a strong balance

sheet to advance its exploration efforts for the foreseeable future.

Dustin Perry, CEO of KFR said, “We are very pleased to close the qualifying transaction with Seashore and

the concurrent private placement. Kingfisher is well positioned strategically to pursue high-grade gold,

copper, silver, and zinc opportunities in our three fully owned district-scale properties that are situated in

British Columbia. I would personally like to thank everyone involved who helped us get to where we are

today, and I am excited for what lies ahead for the Company in our pursuit to deliver value to our

shareholders.”

Additionally, the Company is pleased to report that disinterested shareholders of the Company voted via

written consent in favour of implementing the certain changes needed to transition to the TSX -V’s Policy

2.4 – Capital Pool Companies effective as of January 1, 2021 (“Policy 2.4”), being:

(i) removing the consequences associated with the Company not completing a Qualifying Transaction within

24 months of its listing date; and

(ii) authorizing the Company to make certain amendments to the Company’s escrow agreement in order to

allow the Company's escrowed securities to be subject to an 18 -month escrow release schedule rather

than the current 36-month escrow release schedule in the former Policy 2.4.

These changes were approved by the TSX -V on March 9, 2021 and a copy of the amended and restated

escrow agreement will be filed under the Company’s profile on SEDAR.

Please refer to the Company’s news release dated January 14, 2021 for further details with respect to the

amendments associated with the new Policy 2.4.

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. Kingfisher has three 100% owned district-scale

projects that offer potential exposure to high -grade gold, copper, silver, and zinc. The Company currently

has 68,535,801 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.

Disclaimer and Forward-Looking Information

Statements contained in this release that are not historical facts are forward-looking statements that involve

various risks and uncertainty affecting the business of KFR. In making the forward-looking statements, KFR

has applied certain assumptions that are based on information available, including KFR’s strategic plan for

the near and mid-term. There can be no assurance that such information will prove to be accurate, as actual

results and future events could differ materially from those anticipated in su ch statements. Accordingly,

readers should not place undue reliance on forward-looking information. KFR does not undertake to update

any forward-looking information, except in accordance with applicable securities laws.