Kiboko Announces Repricing of Non-Brokered Private Placement
Kiboko Announces Repricing of Non-Brokered Private Placement
Not for Distribution to U.S. Newswire Services or for Dissemination in the United States
KELOWNA, British Columbia--(BUSINESS WIRE)--November 27, 2025--Kiboko Gold Inc. (TSXV: KIB) (“Kiboko” or the
“Company”) announces that it has revised the pricing of its non-brokered private placement of units (the “Private
Placement”), originally announced on September 30, 2025, to raise up to $1,000,000. The revised terms are intended to better
reflect current market conditions for the Company’s common shares.
On a post-Consolidation basis, the Private Placement will be repriced from $0.10 per Unit (the “Units”) to $0.08 per Unit and
consist of up to 12,500,000 Units. Each Unit will consist of one post-Consolidation Common Share and one post-
Consolidation transferable Common Share purchase warrant (a “Warrant”). Each Warrant will entitle the holder thereof to
purchase one additional post-Consolidation Common Share for $0.12 for a period of two years following completion of the
Private Placement.
All other terms and conditions of the Private Placement remain unchanged. The closing of the Private Placement is subject to
customary conditions and receipt of all necessary approvals, including approval of the TSX Venture Exchange. Kiboko may
pay finders’ fees in connection with the Private Placement in accordance with the policies of the TSX Venture Exchange. The
Company expects to use the net proceeds of the Private Placement for general corporate and working capital purposes.
Common Shares issued pursuant to the Private Placement will be issued on a post-Consolidation basis as described in the
Company’s September 30, 2025 news release. Common Shares and Warrants issuable in connection with the Private
Placement will be subject to a hold period of four months and one day in accordance with applicable Canadian securities
laws. Completion of the Consolidation is subject to the approval of the TSX Venture Exchange. Subject to receipt of all
required approvals, the Company will announce the record date and the effective date of the Consolidation in a subsequent
news release.
Additional information about Kiboko can be found on SEDAR+ at www.sedarplus.ca and on the Company’s website at
www.kibokogold.com.
About Kiboko Gold Inc.
Kiboko is a Canadian-based exploration company focused on advancing its Harricana Gold Project, located 55 km north of
Val-d’Or, Québec, within the world-renowned southern Abitibi gold belt. Kiboko’s shares trade on the TSX Venture
Exchange under the symbol “KIB”.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This news release includes certain “forward-looking statements” which are not comprised of historical facts. Forward looking
statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to
the effect that the Company or management expects a stated condition, belief, estimate or opinion, or result to occur. Forward
looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “interpreted”, “pending”,
“suggests”, “preliminary”, “estimates”, “confident”, “may”, “aims”, “targets”, “could”, “would”, “will”, or “plans” and
similar expressions, or that events or conditions “will, “would”, “may”, “can”, “could” or “should” occur, or are those
statements, which, by their nature, refer to future events. Since forward-looking statements are based on assumptions and
address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these
statements are based upon information currently available to the Company, the Company provides no assurance that actual
results will meet management’s expectations. Risks, uncertainties, and other factors involved with forward-looking
information could cause actual events, results, performance, prospects and opportunities to differ materially from those
expressed or implied by such forward looking information.
Forward looking information in this news release may include, references to potential management changes, board
composition, strategic reviews, the proposed capital consolidation, financings, or limited ongoing corporate or project
activities. These statements reflect current expectations based upon information available to management as of the date hereof
and are subject to a number of known and unknown risks, uncertainties, and assumptions. Given the Company’s current stage
and limited operational activity, there can be no assurance that any forward-looking statement will prove accurate, or that
future developments will occur in the manner or timeframe anticipated. Actual results and developments may differ
materially from those expressed or implied by the forward-looking statements. These risks and uncertainties include, among
others, limited financial resources, potential inability to secure additional financing, market conditions, limited exploration
activity, regulatory risks, commodity price fluctuations, and other risks described in the Company’s public filings on
SEDAR+ (www.sedarplus.ca). Readers are cautioned not to place undue reliance on forward-looking statements. The
Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new
information, future developments, or otherwise, except as required by applicable securities laws.
Contacts
For further information, please contact:
Craig Williams
Director and interim President & CEO
+1 (778) 381-5949 x 6
Jeremy Link
Director and Chairman
+1 (778) 381-5949 x 1