CALGARY, ALBERTA, July 3, 2025 – TheNewswire - Kairos Gold Inc. (“Kairos” or the “Company”) is pleased to announce the successful closing of the second tranche of its previously announced non-brokered private placement, bringing the total raised under the private placement to the maximum targeted amount of $1.5 million.  This final tranche involved the issuance of 675,000 units (“Units”) at a price of $0.20 per Unit for gross proceeds of $135,000.  No commissions were paid in respect of the final tranche closing.

 

Each Unit was comprised of one common share of the Company and one-half of a common share purchase warrant (“Warrants”). Each whole Warrant entitles the holder to purchase one additional common share of the Company at a price of $0.35 at any time up to 36 months from the date of issuance. The Warrants include an acceleration provision whereby if the Company's common shares are listed on an exchange and the trading price exceeds $0.65 for ten consecutive trading days, Kairos may accelerate the expiry date of the Warrants.

 

Net proceeds from the private placement will be used to fund follow-up drilling at the Company’s Las Garillas gold project in Chile as well as for general working capital purposes.

 

Michelle DeCecco, CEO of Kairos, commented: “We’re pleased that the financing was fully subscribed.  It is a strong endorsement of the potential of our assets and of our strategic vision. With strong gold prices and a portfolio of properties located in a very prospective gold belt, we believe Kairos is uniquely positioned for significant growth.  We are in the final stages of the TSX Venture Exchange listing process and look forward to being a publicly traded company in the very near future.”

  

ABOUT KAIROS GOLD INC.

 

Kairos is focused on developing a property portfolio spanning 22,433 hectares across five projects in Chile which are located within the prolific Chilean mega porphyry belt - known for significant deposits of copper, gold and silver.

To find out more about Kairos Gold, please contact:

Michelle DeCecco, CEO via email: michelle@kairosgold.ca, by phone: 403-390-9095

or

Jana Lillies, CFO via email: jana@kasten.ca

 

Additional information about Kairos Gold Inc. may be found in its continuous disclosure documents filed with Canadian securities regulators on SEDAR+ at www.sedarplus.ca

NOT FOR RELEASE IN THE UNITED STATES OF AMERICA

 

This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States. Any securities referred to herein have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") and may not be offered or sold in the United States or to or for the account or benefit of a U.S. person in the absence of such registration or an exemption from the registration requirements of the 1933 Act and applicable U.S. state securities laws.

 

Forward Looking Statements

This news release may contain certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "expected", "anticipated", "aims to", "plans to" or "intends to" or variations of such words and phrases or statements that certain actions, events or results "will" occur. In particular, this news release contains forward-looking statements relating to, among other things: the use of proceeds of the Offering. Such forward-looking statements are based on various assumptions and factors that may prove to be incorrect, including, but not limited to, factors and assumptions with respect to: the general stability of the economic and political environment in which the Company operates; the timely receipt of required regulatory approvals; the ability of the Company to obtain future financing on acceptable terms; currency, exchange and interest rates; operating costs; the success the Company will have in exploring its prospects and the results from such prospects. You are cautioned that the foregoing list of material factors and assumptions is not exhaustive. Although the Company believes that the assumptions and factors on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive there from. Actual results could differ materially from those currently anticipated due to a number of factors and risks including, but not limited to: fluctuations in market conditions, including securities markets; economic factors; the risk that the  private placement will not be completed as anticipated or at all, including the risk that the Company will not receive the necessary regulatory approvals including final approval from the TSX Venture Exchange for the listing of the Company’s Common Shares. The Company does not undertake to update any forward-looking statements herein, except as required by applicable securities act requirements.