Kiplin Metals Announces Three-FOR-One Forward Share Split
NEWS RELEASE
KIPLIN METALS ANNOUNCES THREE-FOR-ONE FORWARD SHARE SPLIT
November 19, 2021 – Vancouver, British Columbia – Kiplin Metals Inc. ( the “Company”) (TSXV:KIP,
Frankfurt: 17G1) announces that it will undertake a forward share split (the “Share Split”) in which two
additional common shares will be issued for every one common share currently outstanding. All
shareholders of record as of the close of business on November 24, 2021 will be entitled to the Share Split.
Following completion of the Share Split, the Company will have approximately 47,690,748 common shares
outstanding.
Pursuant to the articles of the Company, the Share Split does not require approval of the shareholders of
the Company. Shareholders do not need to take any action with respect to the Share Split. The Company’s
transfer agent will send registered holders of common shares a Direct Registration System (DRS) advice
letter in lieu of a share certificate, which will represent the additional number of common shares to be
received as a result of the Share Split.
The Share Split is being conducted on a “push-out” basis and therefore the Company’s CUSIP number will
remain the same. The common shares of the Company will trade on a due bill basis from November 23,
2021 to December 1, 2021. A due bill is an entitlement attached to listed securities undergoing a material
corporate action, such as a stock split. In this instance, the entitlement is to the additional common shares
issuable as a result of the Share Split. Any trades that are executed on the TSX Venture Exchange during
this period will be flagged to ensure purchasers receive the entitlement to the additional common shares
issuable as a result of the Share Split. The due bill redemption date will be December 3, 2021.
About Kiplin Metals Inc.
Kiplin Metals Inc. is an early -stage exploration and development mining company. The Company’s
management understands that the greatest value creation for shareholders is through the discovery, and
development of mineral resources, therefore the company focuses on project that can provide such
impact. Kiplin Metals has the rights to two highly perspec tive minerals exploration assets in Canada , a
region in the world known for its resources, collaborative regulatory structure and stable economic and
political environment.
The Exxeter Gold Project covers an area of 715ha located in Val d’Or Quebec, one of the premier gold
camps in the world which produced over 113.4M oz Au by the end of 2019. The project covers 3.8km of
the Cadillac Tectonic zone, which is the principal geologic structure responsible for cold mineralization in
the Val d’Or.
The Lac Rochester Copper Project is located on the eastern border of the Val d’Or mining camp, 50km
southeast of the city of Val D’Or, and 14km south of the Company’s flagship property, the Exxeter Gold
Project. Past exploration of the Lac Rochester Copper Project has identified multiple high copper and iron
values, concurrent with a large, northeast trending magnetic anomaly.
For further information, contact the Company at 604-622-1199.
On behalf of the Board of Directors,
“Peter Born”
Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other
than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations
expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially from those in forward-looking statements. There can be no
assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such
uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable
laws.