05:22:56 EDT Tue 14 Jul 2026
Enter Symbol
or Name
USA
CA



Kairos Gold Inc
Symbol KIRO
Shares Issued 39,914,017
Close 2026-07-13 C$ 0.64
Market Cap C$ 25,544,971
Recent Sedar+ Documents

ORIGINAL: Kairos Gold Announces Upsized Private Placement

2026-07-14 02:43 ET - News Release

(via TheNewswire)

Kairos Gold Inc.

CALGARY, ALBERTA, July 13, 2026 – TheNewswire - Kairos Gold Inc. (“ Kairos Gold ” or the “ Company ”) (TSXV: KIRO) is pleased to announce that due to strong investor demand it has increased the size of the non-brokered private placement of units previously announced on June 23, 2026 (the “ Offering ”).

 

The Offering, which was originally planned to raise gross proceeds of up to $6 million, has been increased by approximately $3.824 million and now consists of up to 16,373,902 units (the “ Units ”) at a price of $0.60 per Unit, for aggregate gross proceeds of up to $9,824,341.20.

 

Each Unit will consist of one common share of the Company (a “ Common Share ”) and one-half of a Common Share purchase warrant (each whole warrant, a “ Warrant ”). Each Warrant will entitle the holder to acquire one additional Common Share at a price of $0.88 for a period of two years from the date of closing. The Company may accelerate the expiry of the Warrants if the Common Shares trade on the TSX Venture Exchange (the “ TSXV ”), or any other stock exchange on which they are then listed, at a price of at least $1.00 per Common Share for ten consecutive trading days, subject to the terms of the Warrants.

 

Kairos Gold may pay a cash commission or finder’s fee to qualified arm’s-length parties of up to 6% of the gross proceeds of the Offering, together with warrants equal to 6% of the Common Shares issued in connection with the Offering (the “ Finders Warrants ”). Each Finders Warrant is non-transferable and will entitle the holder to purchase one additional Common Share at a price of $0.60 for a period of 12 months following the closing of the Offering.

 

The proceeds of the Offering will be used to fund a Phase One exploration and drilling program at the Company’s Carmona Project. Exploration activities at Carmona are expected to commence immediately following completion of the Phase Three exploration program currently underway at the Las Garillas, Oro Brillante Project, located approximately 7 km from Carmona. A portion of the proceeds may also be allocated to expand the current exploration program should the results warrant additional work.

Through the exploration programs at Carmona and Oro Brillante, the Company aims to systematically evaluate and better define the gold mineralizing systems within the district. The proceeds will also be used for general working capital purposes , including expenses related to the Offering. All exploration activities remain subject to final program planning, receipt of required permits and approvals, and customary operational considerations.

The Common Shares, Warrants and Finder Warrants issued pursuant to the Offering will be subject to a statutory hold period of four months and one day. The Offering remains subject to the approval of the TSXV.

 

ABOUT KAIROS GOLD

Kairos Gold is focused on advancing a portfolio of mineral exploration properties comprising 17,201 hectares across three projects in Chile. The projects are positioned within the prolific Chilean mega-porphyry belt, which is known for its large-scale gold, silver and copper deposits.

 

FURTHER INFORMATION

To find out more about Kairos Gold, please contact Michelle DeCecco, CEO via email: michelle@kairosgold.ca , by phone: +1-587-287-9355 or Jana Lillies, CFO via email: jana@kairosgold.ca. Additional information about Kairos Gold may be found under the Company’s profile on SEDAR+ at www.sedarplus.ca.

  

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 news release.

 

Cautionary Note Regarding Forward-Looking Information

 

This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable Canadian securities legislation (collectively, "forward-looking statements"). Forward-looking statements are frequently characterized by words such as "plan", "expect", "intend", "anticipate", "believe", "estimate", "aim", "may", "will", "would", "potential" and similar expressions, or statements that certain events or conditions "may", "could" or "will" occur. Forward-looking statements in this news release include, but are not limited to, statements regarding the completion of the Offering; the anticipated gross proceeds of the Offering; receipt of TSX Venture Exchange approval; the intended use of proceeds; the commencement, scope and timing of the proposed Phase One exploration and drilling program at the Carmona Project; the scope and timing of the Phase Three exploration program currently underway at the Oro Brillante Project ; anticipated operational efficiencies and cost savings, and the evaluation and advancement of exploration targets at Carmona and Oro Brillante. Forward-looking statements are based on a number of assumptions believed by management to be reasonable at the time such statements are made, including assumptions regarding market conditions, investor participation in the Offering, receipt of all required approvals, availability of contractors and equipment, permitting timelines, and the Company's ability to execute its exploration plans as currently contemplated. However, forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. Such factors include, among others, the risk that the Offering may not be completed as proposed or at all, that required regulatory approvals may not be obtained, changes in market conditions, fluctuations in commodity prices, exploration risks, permitting delays, operational challenges, availability of capital, and general economic, market and business conditions. Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are made as of the date of this news release and, except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking statements to reflect new events or circumstances.

 

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

Copyright (c) 2026 TheNewswire - All rights reserved.

© 2026 Canjex Publishing Ltd. All rights reserved.