June 23, 2026
CALGARY, ALBERTA, June 23, 2026 – Kairos Gold Inc. (“Kairos Gold” or the “Company”)
(TSXV: KIRO) is pleased to advise that it intends to complete a non-brokered private placement
of units for gross proceeds of up to $6,000,000 (the “Offering”).
The Offering, to be completed on a best-efforts basis, will involve the issuance of up to
10,000,000 units (“Units”). Each Unit will be priced at $0.60 and will consist of one common
share of the Company (“Common Share”) and one-half of a Common Share purchase warrant
(“Warrant”). Each full Warrant will entitle the holder to acquire an additional Common Share at a
price of $0.88 for a period of two years from the date of closing.
Kairos Gold may pay a cash commission or finder’s fee to qualified non-related parties of up to
6% of the gross proceeds of the Offering payable together with warrants representing 6% of the
Common Shares issued in connection with the Offering (“Broker Warrants”). Each Broker
Warrant will entitle the holder to purchase one additional Common Share of the Company at a
price of $0.60 for a period of 12 months following closing of the Offering.
The proceeds of the Offering will be used to commence a Phase One exploration and drilling
program at the Company’s Carmona Project. Subject to final program planning, permitting
requirements and customary operational considerations, Kairos Gold aims to initiate the Phase
One Program immediately following the completion of the current Phase Three drilling campaign
at Oro Brillante.
The Carmona Project is located in the Coquimbo Region of north-central Chile, approximately 7
kilometres from Oro Brillante. The proximity of the two properties supports an efficient transition
of personnel, equipment and exploration activities while maintaining operational continuity within
the district.
The proposed Phase One program at Carmona has been designed to systematically evaluate
priority targets identified to date. Further information related to that program will be shared in
due course. Additionally, funds raised will be used for general working capital purposes
including the expenses of the Offering.
The Common Shares, Warrants and Broker Warrants issued pursuant to the Offering will be
subject to a four month and one day hold period. The Offering remains subject to the approval
of the TSX Venture Exchange.
ABOUT KAIROS GOLD
Kairos Gold is focused on advancing a portfolio of mineral exploration properties, spanning
17,201 hectares across three projects in Chile, positioned within the prolific Chilean mega
porphyry belt that is known for its large-scale deposits of gold, silver, and copper.
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 Company’s ability to transition personnel, equipment and
infrastructure between projects, anticipated operational efficiencies and cost savings, and the evaluation
and advancement of exploration targets at Carmona. 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.