Kirkstone Metals Corp. Closes $2 Million Private Placement

Vancouver, BC — April 2, 2026 — Leads & Copy — Kirkstone Metals Corp. has closed a non-brokered private placement financing of 10,000,000 units, raising gross proceeds of $2,000,000. The financing was initially announced on March 13, 2026.

Each unit consists of one common share of the company and one-half of one common share purchase warrant. Each whole warrant allows the holder to purchase one additional common share for $1.00. Warrants cannot be exercised until 60 days after the private placement closing date and expire 2 years from the date of closing.

The company intends to use the net proceeds from the private placement for exploration work and general working capital purposes.

3,241,344 of the units issued under the private placement were issued under the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions. CSA Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption also applies to the listed issuer financing exemption.

Units issued under the listed issuer financing exemption are immediately “free-trading” under applicable Canadian securities laws. The remaining units issued under the private placement were issued under exemptions from the prospectus requirement other than the listed issuer financing exemption. These units are subject to resale restrictions for a period of four months and one day, expiring on August 3, 2026, in accordance with applicable Canadian securities laws.

No finder’s fees are payable regarding the private placement.

Kirkstone Metals Corp. is a Canadian mineral exploration company focused on uranium assets supporting the global transition to clean, reliable, and secure energy.

Clive Massey, Chief Executive Officer of Kirkstone Metals Corp., confirmed the announcement on behalf of the Board of Directors.

Investor Relations contact Jim Romano can be reached at (778) 898-7917 or at info@kirkstonemetals.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

This news release does not constitute an offer to sell or a solicitation of an offer to buy securities in any jurisdiction where such offer, solicitation, or sale would be unlawful, including the United States. The securities have not been and will not be registered under the United States Securities Act of 1933 and may not be offered or sold within the United States or to U.S. Persons unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

This release contains forward-looking statements regarding the intended use of proceeds from the private placement and closing of the private placement. These statements are based on estimates and assumptions and are subject to risks, uncertainties, and other factors that may cause actual results and future events to differ materially from those expressed or implied.

Such factors include business, economic, competitive, political, and social uncertainties, uncertain capital markets, and delay or failure to receive board or regulatory approvals. There is no assurance that such forward-looking statements will prove to be accurate, and readers should not place undue reliance on them. The company disclaims any intention or obligation to update or revise any forward-looking statements, except as required by law.

Source: Kirkstone Metals Corp.