Kiplin Metals Announces Non-Brokered Private Placement Of Up To $500,000

(TheNewswire)

April 17, 2026 - TheNewswire – Kiplin Metals Inc. (the “Company” or “Kiplin”) (TSX-V: KIP, FWB: 17G1)is pleased to announce a non-brokered private placement financing ofup to 3,125,000 units (each, a “Unit”) at a price of $0.16 per Unit for gross proceeds ofup to $500,000 (the “PrivatePlacement”). Each Unit will consist of one common share ofthe Company (a “CommonShare”) and one Common Share purchase warrant (a “Warrant”), with each Warrantexercisable to purchase one additional Common Share for a period of 2years from the date of closing at an exercise price of $0.24.

The Company expects to utilize net proceeds from the Private Placementfor exploration work and for general working capital purposes.

The Units to be issued under the Private Placement will be offered forsale pursuant to exemptions from the prospectus requirement and willbe subject to restrictions on resale for a period offour-months-and-one-day in accordance with applicable Canadiansecurities laws.

In connection with completion of the Private Placement, the Companymay pay finders’ fees to eligible third-parties who have introducedsubscribers to the Private Placement. Completion of the PrivatePlacement remains subject to receipt of regulatory approvals includingapproval of the TSX Venture Exchange.

About Kiplin Metals Inc.

Kiplin Metals Inc. is a mineral exploration company. We create valuefor our shareholders by identifying and developing highly prospectivemineral exploration opportunities. Our strategy is to advance ourprojects from discovery to production, allowing Kiplin to achieveexceptional shareholder value through the entire life-cycle of mining.

Lloyd Lake Uranium Project.

The Lloyd Lake Uranium Project spans 6,177 hectares and is situated 27kilometers south of the southern boundary of the Athabasca Basin. Theproject has undergone extensive exploration programs, most notably in2022, with investigations including sediment sampling, airbornemagnetics, and ground IP surveys. The key exploration zone is an 8kilometer corridor characterized by a magnetic low which aligns with astructural break, a locale where anomalous radioactivity has beendetected. Access to the project is optimal, facilitated by aprovincial highway and well-maintained roads and trails.

For further information, contact the Company atinfo@kiplinmetals.com or 613-715-2020 or visit the Company’s website atwww.kiplinmetals.com.

On behalf of the Board,

Kiplin Metals Inc.

“Rob Gamley”

Director, President & CEO

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

This news release does not constitute an offer to sellor a solicitation of an offer to buy nor shall there be any sale ofany of the securities in any jurisdiction in which such offer,solicitation or sale would be unlawful, including any of thesecurities in the United States of America. The securities have notbeen and will not be registered under the United States Securities Actof 1933, as amended (the “1933 Act”) or any state securities laws andmay not be offered or sold within the United States or to, or foraccount or benefit of, U.S. Persons (as defined in Regulation S underthe 1933 Act) unless registered under the 1933 Act and applicablestate securities laws, or an exemption from such registrationrequirements is available.

This news release may include forward-lookingstatements that are subject to risks and uncertainties. All statementswithin, other than statements of historical fact, are to be consideredforward looking. Although the Company believes the expectationsexpressed in such forward-looking statements are based on reasonableassumptions, such statements are not guarantees of future performanceand actual results or developments may differ materially from those inforward-looking statements. There can be no assurances that suchstatements will prove accurate and, therefore, readers are advised torely on their own evaluation of such uncertainties. We do not assumeany obligation to update any forward-looking statements except asrequired under the applicable laws.

NOTFOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATIONIN THE UNITED STATES

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