Kairos Gold Inc. (TSXV: KIRO) closed its upsized non-brokered private placement, issuing 16,373,902 units at $0.60 per unit for aggregate gross proceeds of $9,824,341. Each unit comprises one common share and one-half warrant exercisable at $0.88 for two years. Proceeds will fund exploration at Carmona, Phase Three at Oro Brillante and general working capital.
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Statements about planned programs, timing, budgets and geological potential are forward-looking and subject to permits, financing, contractor availability and results. See the disclaimer.