Kairos Appoints CEO to Develop Its Chilean Lithium Property Portfolio TSX Venture Exchange: “Krs”
KAIROS APPOINTS CEO TO DEVELOP ITS CHILEAN LITHIUM PROPERTY PORTFOLIO
TSX Venture Exchange: “KRS” FOR IMMEDIATE RELEASE
CALGARY, ALBERTA August 9, 2017 – Kairos Capital Corporation (“Kairos” or the “ Corporation”) is
pleased to announce the appointment of Mr. Steven Cochrane to the position of President and CEO.
Mr. Cochrane has 36 years of investment industry experience during which he has participated in raising
in excess of $50 0,000,000 for a variety of “small cap” public companies in various businesses and
industry sectors including mining . In addition to having been associated with numerous domestic
transactions, Mr. Cochrane has also been involved with many international opportunities - primarily in
China and most recently with a series of mining project s and concessions in Cambodia owned by a
Canadian public company . Mr. Cochrane’s extensive capital market experienc e will be an invaluable
asset as Kairos continues with the roll-out and expansion of its lithium strategy.
Mr. Cochrane’s 36 year career included the following:
- he initially joined Pitfield Mackay Ross in 1981, after which he moved to the Calgary office of
Levesque Beaubien in 1986. As one of only four initial employees at this office, Mr. Cochrane
was involved in all aspects of the investment business including a role in corporate finance. Mr.
Cochrane spent 18 years with Levesque Beaubien and its subsequent entities culminating with
National Bank Financial (“NBF”). While at NBF, Mr. Cochrane was instrumental in the initial public
offerings for both Wilan Inc in 1998 and Resverlogix in 2001.
- he moved to First Associates in 2004 which was the predecessor company to Blackmont Capital
followed by its acquisition by Macquarie Bank of Australia in 2009 (to become Macquarie Private
Wealth) and its subsequent acquisition by Richardson GMP Ltd. in 2014. Mr. Cochrane has been
a Vice President and Investment Advisor at Richardson GMP until his decision to join Kairos.
Mr. Cochrane has been active in the Calgary community where he was a founding Board member of the
Kid’s Cancer Care Foundation of Alberta and a co-founder of the Ranchmen’s Renegades , a charitable
organization involved with children’s cancer.
“I see Kairos as an excellent opportunity to bring the skills and knowledge I have gained over the last 36
years to a world class resource play. I look forward to working with Terry Walker, Kairos’ Vice President of
Exploration in Chile, to advan ce the Corporation’s numerous prospects and raising awareness in the
investment community” commented Mr. Cochrane on his decision to join Kairos.
Mr. Cochrane’s appointment remains subject to the approval of the TSX Venture Exchange.
In connection with this appointment, Kairos also announces that it intend s to grant 600,000 stock options
to purchase Common Shares of the Corporation at a price of $0.45 per share to Mr. Cochrane. The stock
options will have a 5 year term and will vest over a 3 year period. The stock option grant also remains
subject to TSX Venture Exchange approval.
About Kairos
Kairos is a public company listed on TSX Venture Exchange (“KRS -V”) that is engaged in advancing a
Lithium property portfolio consisting of approximately 536 square kilometers on 11 different salars in
Chile. The Kairos properties include 56 square kil ometres on the Salar de Atacama which hosts the
world’s highest concentration Li thium brine production and is currently the source of about 30% of the
world’s Lithium production. Sampling conducted by Kairos to date has yielded Lithium assay results from
surface and near surface brines of up to 1410 mg/l and 1110 mg/l on 2 of its 11 salars – concentrations
that approach the production grades from the Salar de Atacama.
Kairos also owns a significant Copper/Gold/Silver property portfolio con sisting of approximately 266
square kilometers over 6 different properties located in Chile. Kairos has been conducting preliminary
exploration work which included surface sampling, mapping and IP surveys as well as recent drilling on
the properties.
Not for distribution to U.S. news wire services or dissemination in the United States.
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
statements relatin g to, among other things, management of the Corporation's views regarding its
properties and the ability of the Corporation to conduct exploration on its properties.
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 th e 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 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 and CEO
Kairos Capital Corporation
#900, 903 – 8th Ave SW
Calgary, Alberta T2P 0P7
(403) 852 7117
or
Al Kroontje, Chairman
(403) 607 4009