Kingfisher Metals Increases Previously Announced Bought Deal Financing to C$25 Million

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VANCOUVER, British Columbia, Feb. 06, 2026 (GLOBE NEWSWIRE) -- Kingfisher Metals Corp. (TSXV:KFR.VN) (FSE:970) (OTC-BB:KGFMF) ("Kingfisher" or the "Company") is pleased to announce that due to strong demand, it has increased the size of the previously announced bought deal to 5,300,000 non-critical charity flow-through common shares (the “Non-Critical Charity Flow-Through Shares”), at a price of C$0.94 per Non-Critical Charity Flow-Through Share, 14,500,000 critical charity flow-through common shares (the “Critical Charity Flow-Through Shares”), at a price of C$1.04 per Critical Charity Flow-Through Shares, and 7,600,000 hard dollar common shares (the “HD Shares”), at a price of C$0.65 per HD Share (collectively, the “Offered Securities”), for total gross proceeds of approximately C$25 million (the “Offering”). The Company previously entered into an agreement with BMO Capital Markets as sole bookrunner, on behalf of a syndicate of underwriters (collectively, the “Underwriters”). The Company has granted the Underwriters an option, exercisable at any time up to 48 hours prior to the closing of the Offering, to purchase up to an additional C$5 million of the Offering.