Kairos Gold upsizes private placement

CALGARY, ALBERTA, July 13, 2026 – TheNewswire - Kairos Gold Inc. (“ Kairos Gold ” or the “ Company ”) (TSXV: KIRO) is pleased to announce that due to strong investor demand it has increased the size of the non-brokered private placement of units previously announced on June 23, 2026 (the “ Offering ”).   The Offering, which was originally planned to raise gross proceeds of up to $6 million, has been increased by approximately $3.824 million and now consists of up to 16,373,902 units (the “ Units ”) at a price of $0.60 per Unit, for aggregate gross proceeds of up to $9,824,341.20.   Each Unit will consist of one common share of the Company (a “ Common Share ”) and one-half of a Common Share purchase warrant (each whole warrant, a “ Warrant ”). Each Warrant will entitle the holder to acquire one additional Common Share at a price of $0.88 for a period of two years from the date of closing. The Company may accelerate the expiry of the Warrants if the Common Shares trade on the TSX Venture Exchange (the “ TSXV ”), or any other stock exchange on which they are then listed, at a price of at least $1.00 per Common Share for ten consecutive trading days, subject to the terms of the Warrants.   Kairos Gold may pay a cash commission or finder’s fee to qualified arm’s-length parties of up to 6% of the gross proceeds of the Offering, together with warrants equal to 6% of the Common Shares issued in connection with the Offering (the “ Finders Warrants ”).

Each Finders Warrant is non-transferable and will entitle the holder to purchase one additional Common Share at a price of $0.60 for a period of 12 months following the closing of the Offering.   The proceeds of the Offering will be used to fund a Phase One exploration and drilling program at the Company’s Carmona Project. Exploration activities at Carmona are expected to commence immediately following completion of the Phase Three exploration program currently underway at the Las Garillas, Oro Brillante Project, located approximately 7 km from Carmona. A portion of the proceeds may also be allocated to expand the current exploration program should the results warrant additional work.

Through the exploration programs at Carmona and Oro Brillante, the Company aims to systematically evaluate and better define the gold mineralizing systems within the district. The proceeds will also be used for general working capital purposes , including expenses related to the Offering. All exploration activities remain subject to final program planning, receipt of required permits and approvals, and customary operational considerations.

The Common Shares, Warrants and Finder Warrants issued pursuant to the Offering will be subject to a statutory hold period of four months and one day. The Offering remains subject to the approval of the TSXV.   ABOUT KAIROS GOLD Kairos Gold is focused on advancing a portfolio of mineral exploration properties comprising 17,201 hectares across three projects in Chile. The projects are positioned within the prolific Chilean mega-porphyry belt, which is known for its large-scale gold, silver and copper deposits.   FURTHER INFORMATION To find out more about Kairos Gold, please contact Michelle DeCecco, CEO via email: michelle@kairosgold.ca , by phone: +1-587-287-9355 or Jana Lillies, CFO via email: jana@kairosgold.ca.