Kootenay Resources reprices $200,000 private placement

Executive Summary

• Kootenay Resources Inc. has repriced its previously announced non‑brokered private placement, now targeting up to $200,000 in gross proceeds.
• The offering consists of non‑flow‑through (NFT) units at $0.05 per unit and flow‑through (FT) units at $0.055 per FT unit, each unit including one common share and a purchase warrant.
• Proceeds will be used to advance the Moyie anti‑cline project, other exploration properties, and for general working capital.

Key Details

• Aggregate Gross Proceeds: Up to $200,000.
• Pricing:
• NFT units – $0.05 per unit (non‑flow‑through common share).
• FT units – $0.055 per FT unit (flow‑through common share).
• Unit Composition:
• Each unit = 1 common share + 1 common‑share purchase warrant.
• NFT warrant exercise price: $0.12 per share, five‑year term.
• FT warrant exercise price: $0.15 per share, five‑year term.
• Hold Period: Shares issued are subject to a four‑month‑plus‑one‑day hold period from closing.
• Closing Deadline: Anticipated on or before August 31, 2025, subject to regulatory approvals.
• Finder Fees: Arm’s‑length finders may receive cash fees equal to 6.0% of gross proceeds.
• Use of Proceeds: Development of the Moyie anti‑cline project, other eligible Canadian exploration expenses on additional properties, and general working capital.
• Geographic Scope: Offering conducted in all Canadian provinces except Quebec, plus any other jurisdictions as determined by the company, under applicable prospectus exemptions.

Notable Quotes

(No executive quotes were provided in the release.)