Barrick takes 9.9% stake in Kingfisher Metals in C$ 20.89 million unit subscription

Reuters2026/07/28 20:19

By:Reuters

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Kingfisher closed a non-brokered private placement with Barrick subscribing for 15,470,934 units at C$ 1.35, raising C$ 20.89 million.
Units include one common share, one-half warrant; each whole warrant exercisable at C$ 1.7 for two years.
Barrick now holds 9.9% on a non-diluted basis, rising to 14.1% on a partially diluted basis assuming full warrant exercise.
At least 80% of proceeds earmarked for exploration and development at the HWY 37 project in British Columbia.

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: 202607281618NEWSFILECNPR____20260728_306987_1) on July 28, 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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Barrick takes 9.9% stake in Kingfisher Metals in C$ 20.89 million unit subscription

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