on Kingfisher Metals Corp. (isin : CA49571M1077)
Kingfisher Metals Expands Private Placement Offering
Kingfisher Metals Corp., a Canadian exploration company, has announced an increase in its previously planned non-brokered private placement. The company will now offer units at $0.165 per unit, aiming for gross proceeds up to $1,850,000. Each unit comprises one common share and one-half of a common share purchase warrant. These warrants allow shareholders to acquire additional shares at $0.30 each for 24 months following the closing date.
The funds raised will support Kingfisher's business expansion, including the acquisition of the Ball Creek West project from P2 Gold Inc., as well as general working capital needs. The securities related to this offering are not registered in the United States, thus cannot be offered or sold to U.S. Persons unless exempt from registration.
R. H.
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