Kiplin Metals Announces Private Placement to Raise Up to $500,000

April 17, 2026 — Leads & Copy — Kiplin Metals Inc. (TSX-V: KIP, FWB: 17G1) has announced a non-brokered private placement financing to raise gross proceeds of up to $500,000.

The Company intends to offer up to 3,125,000 units at a price of $0.16 per unit. Each unit will consist of one common share of the Company and one common share purchase warrant. Each warrant will be exercisable to purchase one additional common share for a period of two years from the date of closing at an exercise price of $0.24.

Kiplin Metals expects to use the net proceeds from the private placement for exploration work and general working capital purposes.

The units issued under the private placement will be offered for sale pursuant to exemptions from the prospectus requirement. They will be subject to resale restrictions for a period of four months and one day, in accordance with applicable Canadian securities laws.

The company may pay finders’ fees to eligible third parties who have introduced subscribers to the private placement, in connection with its completion. Completion of the private placement remains subject to receipt of regulatory approvals, including the approval of the TSX Venture Exchange.

Kiplin Metals Inc. is a mineral exploration company that aims to create value for its shareholders by identifying and developing prospective mineral exploration opportunities. The company's strategy is to advance its projects from discovery to production.

The company's Lloyd Lake Uranium Project spans 6,177 hectares and is located 27 kilometers south of the southern boundary of the Athabasca Basin. The project has undergone exploration programs, including sediment sampling, airborne magnetics, and ground IP surveys in 2022. The primary exploration zone is an 8 kilometer corridor with a magnetic low aligning with a structural break, where anomalous radioactivity has been detected. Access to the project is facilitated by a provincial highway and well-maintained roads and trails.

For further information, contact the Company at info@kiplinmetals.com or 613-715-2020.

On behalf of the Board, Kiplin Metals Inc. is led by “Rob Gamley,” Director, President & CEO.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

Source: Kiplin Metals Inc.