Kairos Gold Closes 2Nd Tranche Of
Fully Subscribed $1.5 Million Private Placement
For Immediate Release CALGARY, ALBERTA, July 3, 2025 - 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 6740095.3
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Statements about planned programs, timing, budgets and geological potential are forward-looking and subject to permits, financing, contractor availability and results. See the disclaimer.