KGL Resources Announces Repricing of Proposed Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Toronto, Ontario--(Newsfile Corp. - March 18, 2026) - KGL Resources Ltd. (TSXV: KGL.H) ("KGL" or the "Company") announced today that, in order to receive regulatory approval for its proposed private placement announced on February 11, 2026, it is increasing the subscription price per common share from C$0.075 to C$0.105.