17:50:52 EST Sun 08 Feb 2026
Enter Symbol
or Name
USA
CA



Kairos Capital Corp
Symbol KRS
Shares Issued 18,750,000
Close 2015-02-27 C$ 0.01
Market Cap C$ 187,500
Recent Sedar+ Documents

Kairos Capital arranges $500,000 private placement

2015-03-31 19:54 ET - News Release

Mr. Al Kroontje reports

KAIROS ANNOUNCES PRIVATE PLACEMENT

Kairos Capital Corp. intends to proceed with a private placement of up to 50 million common shares at a price of one cent per share for total gross proceeds of $500,000. The private placement is not subject to any minimum offering.

Proceeds from the private placement will be used to retire a current working capital deficit of approximately $310,000, to finance annual lease payments due in respect of the corporation's properties in Chile and for general working capital purposes. In addition to accrued but unpaid consulting fees owing to the corporation's vice-president, exploration, of approximately $30,000, the proceeds of the private placement will also be used to pay those consulting fees for the upcoming year so as to continue field recognizance activities on the corporation's properties in Chile.

The corporation intends to rely on the prospectus exemption available to it pursuant to Multilateral CSA Notice 45-313 allowing the corporation to distribute securities to its existing securityholders. The board of directors of the corporation has set March 30, 2015, as the record date for the purposes of determining the shareholders eligible for the MI 45-313 exemption. Pursuant to MI 45-313, all shareholders of Kairos as of March 30, 2015, are eligible to invest up to $15,000 (without suitability advice) in the private placement. Eligible shareholders should contact Al Kroontje, the president of the corporation, to request the subscription agreement. The private placement will also be sold to accredited investors.

The corporation does not intend to engage a registered dealer in respect of the private placement and, as such, no commission is intended to be paid in respect of the private placement. Additionally, no warrants or other convertible securities will be part of the private placement.

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