Kairos Announces Closing the First Tranche of Non-Brokered Private Placement
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TSX Venture Exchange: KRS.V FOR IMMEDIATE RELEASE
KAIROS ANNOUNCES CLOSING THE FIRST TRANCHE OF
NON-BROKERED PRIVATE PLACEMENT
CALGARY, ALBERTA, March 6, 2017 – Kairos Capital Corporation ("Kairos" or the "Corporation")
is pleased to announce that it has closed the first tranche of its previously announced non-brokered private
placement (the "Private Placement") whereby it issued 5,320,000 Common Shares at a price of $0.20 for
gross proceeds of CDN$1,064,000 (the "First Tranche"). .
The net proceeds of the First Tranche and the Private Placement will be used by the Co rporation for
general working capital and to fund continued development and exploration activities on its l ithium
claims in Chile.
Pursuant to applicable securities laws, all securities issued pursuant to the First Tranche will be subject to
a hold period of four months plus one day following the date of issuance of such securities.
Completion of the First Tranche and the Private Placement remains subject to final approval of the TSX
Venture Exchange Inc.
About Kairos
Kairos holds a significant lithium property portfolio which now consists of approximately 34,200 hectares
over 7 salars, all located entirely within Chile (the "Lithium Claims "). Preliminary sampling and
assaying results from shallow depth over the first 3 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 defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press
release.
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]
or:
Robert Gillies, CFO
(403) 829-8639 or via e mail: [email protected]