Kairos Gold Closes Oversubscribed $3.5 Million Offering
Supporting Listing Application And Drilling Plans
CALGARY, ALBERTA, February 9, 2026 - Kairos Gold Inc. ("Kairos" or the "Company") is pleased to announce that the Company has closed the third and final tranche of its non-brokered private placement (the "Oering"), bringing the total funds raised under the Oering to $3,591,000.
Investor interest in the Oering exceeded the Company's expectations, which management views as a reflection of Kairos' promising mineral property portfolio, market confidence in the Company's strategic direction, and the anticipated listing of the Company's common shares on the TSX Venture Exchange (the "TSX-V").
Michelle DeCecco, CEO of Kairos, commented: "We're very grateful for the strong support received in this financing, which satisfies the capital requirements of our TSX-V listing application and supports the advancement of our Las Garillas and Carmona gold projects in Chile. We expect to submit our listing application this week and look forward to this next chapter with our shareholders as a public company." In the third tranche, the Company issued 10,455,000 units (the "Units") at a price of $0.20 per Unit for gross proceeds of $2,091,000. Each Unit is comprised of one (1) common share of the Company (each a "Common Share") and one-half of a Common Share purchase warrant (each whole warrant, a "Warrant"). Each full Warrant entitles the holder thereof to purchase one common share in the capital of the Company (each a "Warrant Share") at a price of $0.35 per Warrant Share at any time prior to 5:00 p.m. (Calgary time) on the date that is thirty-six (36) months from the date of issuance of the Warrants. The Warrants include an acceleration provision whereby, if the Common Shares are listed and trade at or above $0.65 for 10 consecutive trading days, the Company may accelerate expiry of the Warrants whereby holders shall have 30 days from the date of notice of acceleration to exercise the Warrants. In connection with the Oering, the Company paid cash finder's fees of $101,720 and issued 408,600 finder's Warrants. Each finder's Warrant allows the holder to acquire a Common Share of the Company at a price of $0.20 per Common Share for a period of 12 months from the date of issue. All common shares issued under the Oering, including those issued upon Warrant exercise, are subject to a four-month and one-day hold period.
The Company also announces the appointment of Mr. David Orr, B.Sc., to its Board of Directors (the "Board"). Mr. Orr brings more than 30 years of senior leadership experience focused on mineral exploration and resource development. Mr. Orr has held executive roles with public and private companies that will support the advancement of Kairos Gold's Chilean gold portfolio.
About Kairos Gold
Kairos Gold is focused on advancing a portfolio of mineral exploration properties, spanning 22,433 hectares across five projects in Chile, positioned within the prolific Chilean mega porphyry belt that is known for its rich deposits of gold, silver, and copper. Kairos Gold is advancing its exploration strategy with a focus on near-term drill targets and long-term resource growth.
Further Information To find out more about Kairos Gold, please contact Michelle DeCecco, CEO via email: michelle@kairosgold.ca, by phone: +1 403-393-1990 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
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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.