Kiska Options RDN Property and Participates in District-Scale Consolidation in BC's Golden Triangle - Seite 2

Option Agreement Terms:

Aben has been granted the exclusive right and option to earn a 100% interest in the RDN Property by making the following share issuances and incurring expenditures on the RDN Property in accordance with the following schedule:

• Share Payments to Kiska:
  • 1,500,000 Common Shares within 5 business days of the Effective Date;
  • 1,500,000 Common Shares on or before the first anniversary of the Effective Date; and
  • 1,000,000 Common Shares on or before the second anniversary of the Effective Date;
    
    
• Expenditures -- Incurring expenditures on the mineral claims comprising the Forrest Kerr Project of a minimum of $3,000,000, of which no less than $1,000,000 of such expenditure is to be spent on the RDN Property, on or before June 30, 2020
  
  
• Kiska will retain a non-buyable 1.33% net smelter return royalty on the RDN Property
  
  
• Kiska will nominate one representative to Aben's Board of Directors
  

"Kiska continues to solidify its position as a leading project and royalty generator in the Americas, with cash and marketable securities in excess of $6 million, multiple active exploration agreements with major mining companies, drill-ready projects available for option, and a growing royalty portfolio," stated Grant Ewing, CEO of Kiska. Kiska's value proposition to investors is matched or exceeded by very few in junior exploration when one considers the Company's working capital, assets, and technical ability. Kiska will continue to grow by optioning its current projects and generating and acquiring others.

The technical content of this document was reviewed and approved by Michael Roberts, Ph.D., P.Geo., Vice President of Exploration for Kiska Metals Corporation, a Qualified Person as defined by National Instrument 43-101.

About Kiska Metals Corporation - Discovery Starts Here

Kiska specializes in developing early-stage mineral exploration projects with the goal of discovering economic mineral deposits. The Company's focus and expertise is precious and base metal deposits in the Americas. Kiska employs the "Project and Royalty Generator" business model to finance exploration, leverage exploration dollars and data, and preserve shareholder equity. Kiska partners its projects with mining and exploration companies who share its vision and commitment with respect to environmentally and socially responsible mineral exploration and development. Kiska believes that the next generation of economic mineral deposits will be discovered by solid boots-on-the-ground fieldwork coupled with innovative exploration technologies -- this approach increases the odds of discovery and is Kiska's competitive advantage over its peers.