K9 Gold Corp. Announces Financing, Marketing Agreement and Progress on Trinity Silver Project

Rhea-AI Summary

K9 Gold Corp. (OTCQB: WDFCF) has announced a non-brokered private placement to raise up to $2.5 million through the issuance of 10 million units at $0.25 per unit. Each unit includes one common share and one warrant exercisable at $0.35 for 24 months.

The company has made a $50,000 deposit toward the Trinity Silver Project in Nevada, following its September 16 Exploration Agreement with Newmont USA Limited. The Exchange has classified this as a "Fundamental Acquisition," requiring an NI 43-101 technical report.

Additionally, K9 has engaged Capitaliz for a six-month marketing and investor awareness campaign for $100,000, focusing on digital marketing and public relations services.

Positive

• Secured up to $2.5 million in new financing through private placement
• Strategic exploration agreement with major mining company Newmont for Trinity Silver Project
• Made initial $50,000 deposit payment for Trinity Silver Project
• Proceeds will advance exploration at both Trinity Silver and Stony Lake Gold projects

Negative

• Additional share dilution through 10 million new units offering
• Significant marketing expense of $100,000 during exploration phase
• Subject to regulatory approval and hold periods for securities

West Vancouver, British Columbia--(Newsfile Corp. - October 2, 2025) - K9 Gold Corp. (TSXV: KNC) (OTCQB: WDFCF) (FSE: 5GP0) ("K9" or the "Company") is pleased to announce a non-brokered private placement financing (the "Private Placement") of up to 10,000,000 units at a price of $0.25 per unit, for total gross proceeds of up to $2,500,000. Each unit will consist of one common share and one non-transferable common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of the Company at a price of $0.35 per share for a period of 24 months from the closing date. A commission is payable on the Private Placement.

The net proceeds of the Private Placement will be used to advance exploration at the Trinity Silver Project in Nevada and the Stony Lake Gold Project in central Newfoundland, as well as for general working capital purposes.

The Company also announces that it has made a deposit payment of $50,000 toward the Trinity Silver Project, reflecting the Company's commitment to advancing this significant exploration asset. The Company announced on September 16, 2025 that it had entered into an Exploration Agreement (the "Trinity Agreement") with Newmont USA Limited, a wholly owned subsidiary of Newmont Corporation, regarding the Trinity Silver Project in Pershing County Nevada.

The Exchange has deemed the Trinity Agreement a "Fundamental Acquisition" as that term is defined in the Policies of the TSX Venture Exchange (the "Exchange"). As a result, the Company anticipates that, to secure Exchange approval of the Agreement, it will be begin completing an independent technical report in form required by NI 43-101.

In addition, the Company has entered into a marketing and investor awareness agreement with 1123963 B.C. Ltd. (d.b.a. Capitaliz) ("Capitaliz"). The agreement (the "Capitaliz Agreement") is dated September 13, 2025, and under the terms of the agreement, Capitaliz will provide marketing and promotional services to the Company for a period of six months in exchange for a fee of $100,000. Payment for the services under the agreement with Capitaliz will be made from the Company's general working capital. Capitaliz is based in Vancouver. Investor relations services to be provided by Capitaliz will include assisting K9 to develop a corporate marketing strategy and provide marketing and public relations advisory services, help co-ordinate marketing, news flow and events, making introductions to Capitaliz's network of media contacts, Internet and social media marketers, and other such providers, as well as to assist with various other public relations efforts. The services provided will be facilitated by way of digital venues such as programmatic digital marketing, social media marketing, select television broadcasts and radio advertising, e-mail marketing, influencer outreach, and placement of related marketing content on public websites. None of Capitaliz nor its affiliates or associates has any other interest directly or indirectly in the company or its securities, or any right or intent to acquire such an interest. Capitaliz is at arm's length to K9 and has no other relationship with K9 and does not own any shares of K9.

The Private Placement and the Capitaliz Agreement are subject to acceptance by the TSX Venture Exchange, and all securities issued in the private placement will be subject to applicable securities law and Exchange hold periods.

About K9 Gold Corp.
K9 Gold Corp. is a mineral exploration company focused on the acquisition, exploration, and development of precious metal including silver projects in North America. The Company's properties include the Trinity Silver Project in Nevada and the Stony Lake Gold Project in Newfoundland.

KostaTsoutsis
Director
K9 Gold Corp.
email: kosta@k9goldcorp.com
Telephone: 604 808-9134

Brian Morrison
Chief Financial Officer and Director
K9 Gold Corp.
email: brian@k9goldcorp.com
telephone: 604 312-6910

The Company is listed on the TSX Venture Exchange.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding K9's intention to continue to identify potential transactions and make certain corporate changes and applications. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits K9 will obtain from them. These forward-looking statements reflect managements' current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including K9's inability to identify transactions having satisfactory terms or at all and the results of exploration or review of properties that K9 does acquire. These forward-looking statements are made as of the date of this news release and K9 assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268856

FAQ

What are the terms of K9 Gold Corp's (WDFCF) private placement announced on October 2, 2025?

K9 Gold announced a private placement of up to 10 million units at $0.25 per unit, with each unit including one common share and one warrant exercisable at $0.35 for 24 months, aiming to raise up to $2.5 million.

How much did K9 Gold (WDFCF) pay as deposit for the Trinity Silver Project?

K9 Gold made a $50,000 deposit payment toward the Trinity Silver Project in Nevada.

What is the marketing agreement K9 Gold (WDFCF) signed with Capitaliz?

K9 Gold signed a 6-month marketing agreement with Capitaliz for $100,000 to provide marketing, promotional, and investor awareness services.

What will K9 Gold (WDFCF) use the private placement proceeds for?

The proceeds will be used to advance exploration at the Trinity Silver Project in Nevada and the Stony Lake Gold Project in Newfoundland, as well as for general working capital purposes.

What is the significance of the Trinity Agreement with Newmont for K9 Gold (WDFCF)?

The Trinity Agreement has been deemed a 'Fundamental Acquisition' by the TSX Venture Exchange, requiring K9 to complete an independent NI 43-101 technical report for Exchange approval.