Mr. Rob Gamley reports

KIPLIN METALS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF UP TO $500,000

Kiplin Metals Inc. has arranged a non-brokered private placement financing of up to 3,125,000 units at a price of 16 cents per unit for gross proceeds of up to $500,000. Each unit will consist of one common share of the company and one common share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of two years from the date of closing at an exercise price of 24 cents.

The company expects to utilize net proceeds from the private placement for exploration work and for general working capital purposes.

The units to be issued under the private placement will be offered for sale pursuant to exemptions from the prospectus requirement and will be subject to restrictions on resale for a period of four months and one day in accordance with applicable Canadian securities laws.

In connection with completion of the private placement, the company may pay finders' fees to eligible third parties which have introduced subscribers to the private placement. Completion of the private placement remains subject to receipt of regulatory approvals, including approval of the TSX Venture Exchange.

About Kiplin Metals Inc.

Kiplin is a mineral exploration company. It creates value for its shareholders by identifying and developing highly prospective mineral exploration opportunities. Its strategy is to advance its projects from discovery to production, allowing Kiplin to achieve exceptional shareholder value through the entire life cycle of mining.

Lloyd Lake uranium project

The Lloyd Lake uranium project spans 6,177 hectares and is situated 27 kilometres south of the southern boundary of the Athabasca basin. The project has undergone extensive exploration programs, most notably in 2022, with investigations including sediment sampling, airborne magnetics and ground induced polarization surveys. The key exploration zone is an eight-kilometre corridor characterized by a magnetic low, which aligns with a structural break, a locale where anomalous radioactivity has been detected. Access to the project is optimal, facilitated by a provincial highway and well-maintained roads and trails.

We seek Safe Harbor.