Kingfisher Metals Corp. announced that it has entered into a definitive agreement to acquire the LGM Project from Origen Resources Inc. The 26,771 Ha LGM Project is located immediately south and contiguous with Kingfisher's HWY 37 Project, in Northwest British Columbia within the Golden Triangle. Highlights: Expansion of contiguous holdings in the Golden Triangle from 362 km to 630 km including KSM-type targets in west, alkalic Galore Creek-type targets in central region (Grizzly and Lucifer) and unexplored Eskay Creek-type stratigraphy to the east; Grizzly Target trench sampling from 2006 returned 0.74% Cu and 1.09 g/t Au over 38 m; The LGM Project represents one of only three silica-undersaturated magmatic-volcanic complexes in the Golden Triangle with discovery potential for Galore Creek-type porphyry systems and has only seen 3,988 m of drilling; Historical stream sampling at Lucifer outlined a 4 km-long trend of highly anomalous stream sediment samples grading up to 7.8 g/t Au ­ similar in strength and scale to the Hank epithermal deposit signature at HWY 37; LGM Project is fully permitted for diamond drilling.

Terms of the Agreement: Under the terms of the Agreement, the company will issue 3,000,000 common shares in the capital of Kingfisher, to Origen and pay CAD 75,000 in cash to Origen in exchange for the transfer of the LGM Project claims on closing. In addition, the LGM Property is subject to underlying royalty agreements over different parts of the project that range from 1 to 2% with Triple Flag Precious Metals (1%), Ryan Kalt (2%), and Carl von Einsiedel (2%). The transaction remains subject to various terms and conditions, including, but not limited to, the approval of the TSX-V and CSE.