(via TheNewswire)

April 2, 2026 – Vancouver, BC, Canada – TheNewswire – Kirkstone Metals Corp. (the “ Company ” or “ Kirkstone ”) (TSXV: KSM, OTCQB: KSMCF, FWB:VO0) is pleased to announce, that further to its news release dated March 13, 2026, the Company has closed the non-brokered private placement financing of 10,000,000 units at a price of $0.20 per unit (a “ Unit ”) for gross proceeds of $2,000,000 (the “ Private Placement ”). Each Unit consists of one common share of the Company (a “ Common Share ”) and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a “ Warrant ”), with each Warrant exercisable to purchase one additional Common Share for a period of 2 years from the date of closing at an exercise price of $1.00, provided that holders will not be permitted to exercise Warrants until 60 days following closing of the Private Placement.

The Company expects to utilize net proceeds from the Private Placement for exploration work and for general working capital purposes.

3,241,344 of the Units issued under the Private Placement were issued pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions , as amended by CSA Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (collectively, the “ Listed Issuer Financing Exemption ”). The Units issued under the Listed Issuer Financing Exemption are immediately “free-trading” under applicable Canadian securities laws. The remaining Units issued under the Private Placement were issued pursuant to exemptions from the prospectus requirement other than the Listed Issuer Financing Exemption and be subject to restrictions on resale for a period of four-months-and-one-day expiring on August 3, 2026 in accordance with applicable Canadian securities laws.

There are no finder’s fees payable in connection with the Private Placement.

0.0.i. About Kirkstone Metals Corp.

Kirkstone Metals Corp. is a Canadian mineral exploration company focused on uranium assets that support the global transition to clean, reliable, and secure energy.

On Behalf of the Board of Directors of Kirkstone Metals Corp.

Clive Massey
Chief Executive Officer

For more information, please visit www.kirkstonemetals.com or email the Company at: info@kirkstonemetals.com .

For further information, please contact:

Investor Relations, Jim Romano

Tel: (778) 898-7917 ‬‬

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 release.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the intended use of proceeds from the Private Placement; and closing of the Private Placement. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Copyright (c) 2026 TheNewswire - All rights reserved.