Kingfisher Metals says Barrick invests C$20.89 million in HWY 37 project private placement

Reuters2026/07/21 11:05

By:Reuters

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Kingfisher Metals agreed to a C$ 20.89 million strategic private placement with Barrick at C$ 1.35 per unit.
Barrick to buy 15,470,934 units; each includes one share plus 0.5 warrant exercisable at C$ 1.7 for two years.
Post-deal stake seen at about 9.9% non-diluted; about 14.1% partially diluted assuming full warrant exercise.
At least 80% of proceeds earmarked for exploration and development at the HWY 37 project in British Columbia.
Closing expected on or before July 27, 2026; cash expected to rise to about $47 million post-closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kingfisher Metals Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202607210700NEWSFILECNPR____20260721_305911_1) on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Kingfisher Metals says Barrick invests C$20.89 million in HWY 37 project private placement

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