Kairos Announces Closing of Chilean Lithium Property Acquisition and Private Placement
KAIROS ANNOUNCES CLOSING OF CHILEAN LITHIUM PROPERTY ACQUISITION
AND PRIVATE PLACEMENT
Not for distribution to U.S. news wire services or dissemination in the United States.
TSX Venture Exchange: “KRS” FOR IMMEDIATE RELEASE
CALGARY, ALBERTA January 3, 2017 – Kairos Capital Corporation (“ Kairos”) announces that effective December
30, 2016, it closed the previously announced acquisition (the “Acquisition”) of lithium claims in Chile (the “Lithium
Claims”).
At closing of the Acquisition, Kairos also completed the private placement (the “Private Placement”) of unsecured non-
convertible debentures in the amount of CDN$400,000 (the “Debentures”) with such Debentures having the same
terms as previously announced. All of the Debentures were subscribed for by an officer of the Corporation.
The Acquisition and Private Placement have been conditionally approved by the TSX Venture Exchange (the “TSXV”)
and remain subject to the final approval of the TSXV. Kairos intends to file for final TSXV approval prior to the end of
the upcoming week.
For further information regarding the Acquisition and the Private Placement please see Kairos’ press release dated
December 19, 2016.
About Kairos and the Acquisition
Kairos is a Canadian corporation whose common shares are listed for trading on the TSXV (ticker symbol “ KRS”).
Kairos holds a property portfolio consisting of approximately 26,850 hectares on six separate claim block areas which
management believes are prospective for copper/gold deposits. That property portfolio and the newly acquired Lithium
Claims are located entirely within Chile. Initial exploration efforts involving sampling and assaying h ave commenced
on the newly acquired Lithium Claims.
Reader Advisory
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is de fined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Forward Looking Statements
This news release may contain certain forward-looking information and forward-looking statements within the meaning
of applicable securities legislation (collectively "forward-looking statements"). Generally, forward-looking information
can be identified by the use of forward-looking terminology such as "expects", "believes", "aims to", "plans to" or "intends
to" or variations of such words and phrases or statements that certain actions, events or results "will" occur. In particular,
this news release contains forward -looking statement s relating to, among other things: management of the
Corporation's views regarding its existing properties and the Lithium Claims and the ability of the Corporation to explore
the Lithium Claims and its existing properties.
Various material factors and assumptions are typically applied in drawing conclusions or making the forecasts or
projections set out in forward -looking statements. Those material factors and assumptions are based on information
currently available to the Corporation, including information obtained from third party industry analysts and other third
party sources. In some instances, material assumptions and material factors are presented elsewhere in this news
release in connection with the forward-looking statements. You are cautioned that the following list of material factors
and assumptions is not exhaustive. Specific material factors and assumptions include, but are not limited to: the general
stability of the economic and political environment in which t he Corporation operates; the timely receipt of required
regulatory approvals; the ability of the Corporation to obtain future financing on acceptable terms; currency, exchange
and interest rates; operating costs; and the success the Corporation will have in exploring its prospects and the results
from such prospects. Accordingly, readers should not place undue reliance on forward -looking statements. The
Corporation does not undertake to update any forward -looking statements herein, except as required by app licable
securities laws. All forward-looking statements contained in this press release are expressly qualified by this cautionary
statement.
For further information contact
Al Kroontje, President
Kairos Capital Corporation
#900, 903 – 8th Street SW
Calgary, Alberta T2P 0P7
(403) 607-4009; or via e mail: [email protected]