Ms. Michelle DeCecco reports

KAIROS GOLD ANNOUNCES PROPOSED PRIVATE PLACEMENT

Kairos Gold Inc. intends to complete a non-brokered private placement of units for gross proceeds of up to $6-million.

The offering, to be completed on a best efforts basis, will involve the issuance of up to 10 million units. Each unit will be priced at 60 cents, and will consist of one common share of the company and one-half of a common share purchase warrant. Each full warrant will entitle the holder to acquire an additional common share at a price of 88 cents for a period of two years from the date of closing.

Kairos Gold may pay cash commissions or finders' fees to qualified non-related parties of up to 6 per cent of the gross proceeds of the offering, payable together with warrants representing 6 per cent of the common shares issued in connection with the offering. Each broker warrant will entitle the holder to purchase one additional common share of the company at a price of 60 cents for a period of 12 months following closing of the offering.

The proceeds of the offering will be used to commence a phase 1 exploration and drilling program at the company's Carmona project. Subject to final program planning, permitting requirements and customary operational considerations, Kairos Gold aims to initiate the phase 1 program immediately following the completion of the current phase 3 drilling campaign at Oro Brillante.

The Carmona project is located in the Coquimbo region of north-central Chile, approximately seven kilometres from Oro Brillante. The proximity of the two properties supports an efficient transition of personnel, equipment and exploration activities while maintaining operational continuity within the district.

The proposed phase 1 program at Carmona has been designed to systematically evaluate priority targets identified to date. Further information related to that program will be shared in due course. Additionally, funds raised will be used for general working capital purposes, including the expenses of the offering.

The common shares, warrants and broker warrants issued pursuant to the offering will be subject to a four-month-and-one-day hold period. The offering remains subject to the approval of the TSX Venture Exchange.

About Kairos Gold Inc.

Kairos Gold is focused on advancing a portfolio of mineral exploration properties, spanning 17,201 hectares across three projects in Chile, positioned within the prolific Chilean megaporphyry belt that is known for its large-scale deposits of gold, silver and copper.

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