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Kiplin Metals Announces Non-Brokered Private Placement Of Up To $500,000
April 17, 2026 - TheNewswire – Kiplin Metals Inc. (the “Company” or “Kiplin”) (TSX-V: KIP, FWB: 17G1) is pleased to announce a non-brokered private placement fi
About this update from Kiplin Metals Inc.
[{"type":"text","content":"April 17, 2026 - TheNewswire – Kiplin Metals Inc. (the “Company” or “Kiplin”) (TSX-V: KIP, FWB: 17G1) is pleased to announce a non-brokered private placement financing of up to 3,125,000 units (each, a “Unit”) at a price of $0.16 per Unit for gross proceeds of up to $500,000 (the “Private Placement”). Each Unit will consist of one common share of the Company (a “Common Share”) and one 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 $0.24. 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 who 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 Metals Inc. is a mineral exploration company. We create value for our shareholders by identifying and developing highly prospective mineral exploration opportunities. Our strategy is to advance our 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 kilometers 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 IP surveys. The key exploration zone is an 8 kilometer 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. For further information, contact the Company at [email protected] or 613-71...