Kairos Announces Private Placement
KAIROS ANNOUNCES PRIVATE PLACEMENT
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TSX Venture Exchange: “KRS” FOR IMMEDIATE RELEASE
Private Placement
CALGARY, ALBERTA August 21, 2017 – Kairos Capital Corporation (“Kairos” or the “Corporation”) is pleased to
announce that it intends to complete a non-brokered private placement (the "Private Placement") of up to 7,500,000
common shares (“Common Shares”) of Kairos at a price of $0. 40 per Common S hare for gross proceeds to the
Corporation of up to $3 ,000,000. The Corporation will use the proceeds from the Private Placement for genera l
working capital and to fund continued development and exploration activities on its Lithium properties in Chile. The
Common Shares issued pursuant to the Private Placement will be subject to a four month hold period from the date
of closing.
Kairos may engage agents in connection with the Private Placement and in connection therewith wil l pay a cash
commission equal to 7% of the proceeds of the Private Placement . Agents will also receive warrants equal to 7% of
the number of Common Shares issued under the Private Placement. Each warrant will entitle the holder to acquire a
Common Share for a pri ce of $0.40 for a period of one year . Commission payments and the issuance of warrants
remain subject to TSX Venture Exchange (“TSXV”) approval.
About Kairos
Kairos holds a significant Lithium property portfolio which now consists of approximately 53600 hectares over 11
salars, all located entirely within Chile (the “ Lithium Claims”). Preliminary sampling and assaying results from s
hallow depth over the first 5 of the salars have been received and confirm management’s belief that the Lithium
Claims are highly prospective for economic lithium brine accumulations.
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 its existing properties and the Lithium Claims and statements pertaining to the Private
Placement, including the Corporation’s ability to obtain necessary approvals from the TSXV.
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 the Corporation operates; the timely receipt of
required regulatory approvals; the ability of the Corporation to obtain future financing on acceptable ter ms; 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
applicable securities laws. All forward-looking statements contained in this press release are expressly qualified by
this cautionary statement.
For further information contact
Steven Cochrane
President,CEO
Kairos Capital Corporation
#900, 903 – 8th Street SW
Calgary, Alberta T2P 0P7
(587) 393-5801 or via email: [email protected]
or:
Robert Gillies, CFO
(403) 829-8639 or via e mail: [email protected]