Kirkstone Metals Announces Non-Brokered Private Placement Of Up To $2,000,000

13.03.2026  |  The Newswire

Vancouver, March 13, 2026 - Kirkstone Metals Corp. (the "Company" or "Kirkstone") (TSXV: KSM, OTCQB: KSMCF, FWB:VO0) is pleased to announce a non-brokered private placement financing of up to 10,000,000 units at a price of $0.20 per unit (a "Unit") for gross proceeds of up to $2,000,000 (the "Private Placement"). Each Unit will consist of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole 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 $1.00, provided that holders will not be permitted to exercise Warrants until 60 days following closing of the Private Placement.

The Company expects to utilize net proceeds from the Private Placement for exploration work and for general working capital purposes.

Up to 3,333,333 of the Units to be issued under the Private Placement will be offered for sale pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions, as amended by CSA Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (collectively, the "Listed Issuer Financing Exemption"), in all provinces of Canada, except Quebec, and other qualifying jurisdictions. The Units offered under the Listed Issuer Financing Exemption will be immediately "free-trading" under applicable Canadian securities laws. The remaining Units to be issued under the Private Placement will be offered for sale pursuant to exemptions from the prospectus requirement other than the Listed Issuer Financing Exemption and will be subject to restrictions on resale for a period of four-months-and-one-day in accordance with applicable Canadian securities laws.

There is an offering document (the "Offering Document") related to the Private Placement that can be accessed under the Company's profile at www.sedarplus.ca and at the Company's website at https://www.kirkstonemetals.com/. Prospective investors should read this Offering Document before making an investment decision.

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.

Kirkstone commenced trading on the OTCQB under the symbol KSMCF

The Company is pleased to announce that its common shares are now quoted and commenced trading on the OTCQB market under the symbol KSMCF on Thursday, March 12, 2026.

It is anticipated that Kirkstone's quotation on the OTCQB market will provide greater liquidity and a more seamless trading experience for its current and prospective U.S. based shareholders. The quotation may help to further increase liquidity and expand investment advisors' ability to research and recommend investment in the Company.

0.0.i.About Kirkstone Metals Corp.

Kirkstone Metals Corp. is a Canadian mineral exploration company focused on uranium assets that support the global transition to clean, reliable, and secure energy.

On Behalf of the Board of Directors of Kirkstone Metals Corp.

Clive Massey
Chief Executive Officer

For more information, please visit www.kirkstonemetals.com or email the Company at: info@kirkstonemetals.com.

For further information, please contact:

Investor Relations, Ray Lagace

Tel: (604) 418-6950????????

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 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 includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the intended use of proceeds from the Private Placement; closing of the Private Placement; filing of the Offering Document; and benefits from the OTCQB quotation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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