M&A / Property
Kingsland investor KF Capital acquires 213,735 shares

KLE · Price
Executive Summary
- KF Capital Corp. acquired an additional 213,735 common voting shares of Kingsland Energy Corp., raising its ownership to approximately 53.55 % on a fully diluted basis.
- The acquisition was completed via a private placement at CAD 0.0525 per share for total proceeds of $11,221.09 paid by KF.
- Post‑transaction, KF now holds direct or indirect control of 4,168,691 shares, establishing majority ownership of Kingsland Energy.
Key Details
- Prior to the private placement, KF owned/controlled 3,954,956 common shares (≈ 40 % of outstanding).
- New shares acquired: 213,735 common voting shares (≈ 2.75 % of issued and outstanding shares).
- Total consideration paid: $11,221.09 (CAD 0.0525 per share).
- Post‑transaction ownership: 4,168,691 shares, representing ~53.55 % on an undiluted and fully diluted basis, giving KF majority control of Kingsland Energy.
- The private placement closed on December 9, 2025.
- KF states the acquisition is for investment purposes and may acquire additional securities, dispose of holdings, or maintain its current position in the future.
- Contact for early warning report: Michelle Westerman ([email protected]; phone 306‑596‑9926).
Notable Quotes
(No direct quotes were provided in the release.)