NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE
UNITED STATES.


Kiska Metals Corporation (TSX VENTURE:KSK) has appointed Raymond James Ltd. (the
"Agent") to sell by way of private placement on a "best efforts" basis,
approximately $4,000,000 of units of the Company at a price of $0.82 per unit
(the "Offering"). 


Each unit consists of one common share and one half of one non-transferable
share purchase warrant. Each whole warrant entitles the holder to purchase, for
a period of twenty-four months from the closing of the private placement (the
"Closing"), one common share at a price of $1.15 per share. 


The net proceeds from the Offering will be used to fund further exploration of
the Whistler project, to fund exploration of the Company's other mineral
properties, and for general corporate purposes.


The common shares and warrants comprising the units and the common shares
issuable upon exercise of the warrants will be subject to a four-month hold
period under applicable Canadian securities laws. Closing is expected to be on
or about August 10, 2010. A cash commission of 6% of the total gross proceeds
realized from the placement is payable in cash together with that number of
agent's warrants as is equal to 6% of the number of units placed.


About Kiska Metals Corporation 

Kiska Metals Corporation is a mineral exploration company focused on advancing
the Whistler Project, Alaska, which includes a multi-million ounce gold-copper
resource and excellent exploration potential. Kiska has renowned technical
expertise and a quality exploration portfolio with numerous early stage
exploration opportunities around the world, some held in partnership with a
selection of the world's largest and most successful gold and base metal
producers. Kiska resulted from the merger of Rimfire Minerals Corporation and
Geoinformatics Exploration in August 2009.


On behalf of Kiska Metals Corporation

Jason Weber, P.Geo., President & CEO

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES,
AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. THESE
SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF
1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD
IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.


CAUTIONARY STATEMENT: No stock exchange, securities commission or other
regulatory authority has approved or disapproved the information contained
herein. This News Release includes certain "forward-looking statements". Other
than statements of historical fact, all statements included in this release,
including, without limitation, statements regarding future plans and objectives
of Kiska Metals Corporation, are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such statements will
prove to be accurate, and actual results and future events could differ
materially from those anticipated in such statements. Important factors that
could cause actual results to differ materially from Kiska's expectations are
the risks detailed herein and from time to time in the filings made by Kiska
Metals Corporation with securities regulators. Those filings can be found on the
Internet at http://www.sedar.com and http://www.sec.gov/edgar.


Kiska Metals Corporation (TSXV:KSK)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024 Click aqui para mais gráficos Kiska Metals Corporation.
Kiska Metals Corporation (TSXV:KSK)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024 Click aqui para mais gráficos Kiska Metals Corporation.