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Kirkstone Metals Closes Non-Brokered Private Placement Of $2,000,000
(TheNewswire) April 2, 2026 – Vancouver, BC, Canada – TheNewswire &#...
About this update from Kirkstone Metals Corp
[{"type":"text","content":"Kirkstone Metals Closes Non-Brokered Private Placement Of $2,000,000\n(TheNewswire)\n\n\n\n\n\nApril 2, 2026 – Vancouver, BC,\nCanada – TheNewswire\n– Kirkstone Metals Corp.\n(the “Company” or “Kirkstone”) (TSXV:\nKSM, OTCQB: KSMCF, FWB:VO0) is pleased to announce, that further to\nits news release dated March 13, 2026, the Company has closed the\nnon-brokered private placement financing of 10,000,000 units at a\nprice of $0.20 per unit (a “Unit”) for gross proceeds of $2,000,000 (the\n“Private\nPlacement”). Each Unit consists of one common\nshare of the Company (a “Common Share”) and one-half of one Common\nShare purchase warrant (each whole Common Share purchase warrant, a\n“Warrant”), with each Warrant exercisable to purchase one\nadditional Common Share for a period of 2 years from the date of\nclosing at an exercise price of $1.00, provided that holders will not\nbe permitted to exercise Warrants until 60 days following closing of\nthe Private Placement.\n\n\nThe Company expects to utilize net proceeds from the\nPrivate Placement for exploration work and for general working capital\npurposes.\n\n\n3,241,344 of the Units issued under the Private\nPlacement were issued pursuant to the listed issuer financing\nexemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by CSA Coordinated Blanket Order 45-935 –\nExemptions from Certain\nConditions of the Listed Issuer Financing Exemption (collectively, the “Listed Issuer Financing Exemption”). The\nUnits issued under the Listed Issuer Financing Exemption are\nimmediately “free-trading” under applicable Canadian securities\nlaws. The remaining Units issued under the Private Placement were\nissued pursuant to exemptions from the prospectus requirement other\nthan the Listed Issuer Financing Exemption and be subject to\nrestrictions on resale for a period of four-months-and-one-day\nexpiring on August 3, 2026 in accordance with applicable Canadian\nsecurities laws.\n\n\nThere are no finder’s fees payable in connection with\nthe Private Placement.\n\n\n0.0.i.About Kirkstone Metals\nCorp.\n\n\nKirkstone Metals\nCorp. is a Canadian mineral exploration\ncompany focused on uranium assets that support the ...