Northwire Canada EditionFriday, October 16, 2026
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GOLD 4170.10 +1.5% SILVER 57.16 +2.3% COPPER 6.56 −1.5% OIL 97.97 +3.0% PALLADIUM 1136.00 +3.6% LUN 32.91 +0.6% DLP 0.290 −3.3% VCV 0.065 −13.3% GG 2.89 +1.4% NBLC 0.015 +0.0% SF 0.300 −4.8% ATY 0.215 +2.4% GHL 0.060 −7.7% STND 0.060 −7.7% B 0.550 −3.5% HBM 34.33 −0.5% NTR 98.77 −0.7% SGZ 0.035 +0.0% MKA 0.670 +0.0% LXM 0.175 −18.6% CLCH 1.08 −1.8% GOLD 4170.10 +1.5% SILVER 57.16 +2.3% COPPER 6.56 −1.5% OIL 97.97 +3.0% PALLADIUM 1136.00 +3.6% LUN 32.91 +0.6% DLP 0.290 −3.3% VCV 0.065 −13.3% GG 2.89 +1.4% NBLC 0.015 +0.0% SF 0.300 −4.8% ATY 0.215 +2.4% GHL 0.060 −7.7% STND 0.060 −7.7% B 0.550 −3.5% HBM 34.33 −0.5% NTR 98.77 −0.7% SGZ 0.035 +0.0% MKA 0.670 +0.0% LXM 0.175 −18.6% CLCH 1.08 −1.8%
Financings Routine +

Kairos Gold Announces Upsized Private Placement

By The Northwire Desk — AI Analysis Jul 13, 2026 · 23:35 KIRO · 0.64 Kairos Gold Inc.
KIRO · Price

Kairos Gold Inc. (TSXV: KIRO) has increased the size of its non-brokered private placement due to strong investor demand, raising the total gross proceeds from an initial $6 million to approximately $9.82 million. The offering consists of up to 16,373,902 units priced at $0.60 per unit, with proceeds designated primarily for Phase One exploration and drilling at the Carmona Project in Chile.

The transaction was increased by approximately $3.824 million, resulting in up to 16,373,902 Units at a price of $0.60 per Unit, with aggregate gross proceeds of up to $9,824,341.20. Each Unit consists of one Common Share and one-half of a Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to acquire one additional Common Share at an exercise price of $0.88. Warrants are exercisable for a period of two years from the date of closing. The Company may accelerate Warrant expiry if Common Shares trade at or above $1.00 for ten consecutive trading days on the TSXV or other listed exchange.

Kairos Gold may pay qualified arm’s-length parties a cash commission or finder’s fee of up to 6% of gross proceeds, plus Finders Warrants equal to 6% of the Common Shares issued. Finders Warrants are non-transferable, entitle the holder to purchase one Common Share at $0.60, and expire 12 months after closing.

The primary use of proceeds is funding the Phase One exploration and drilling program at the Carmona Project. Secondary uses include general working capital, including offering expenses. A portion may be allocated to expand current exploration programs if warranted by results. Exploration at Carmona is expected to commence immediately following the completion of the Phase Three exploration program at the Las Garillas, Oro Brillante Project (located ~7 km from Carmona).

Shares, Warrants, and Finder Warrants are subject to a statutory hold period of four months and one day. The Offering remains subject to approval by the TSX Venture Exchange.

Read the original news release →

More from Kairos Gold Inc.

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Kairos completes Phase 3 drilling while assay delays and a Phase 4 expansion define its near-term exploration outlook.

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Financings Jun 23, 2026 · 08:30

Kairos Gold secures $6 million to pivot to Carmona drilling as the Oro Brillante campaign kicks off.

Financings Jun 15, 2026 · 08:45

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Drill Results