Kingfisher Resources Ltd. entered into a binding letter of intent to acquire Seashore Resource Partners Corp. (TSXV:SSH.P) in a reverse merger transaction for CAD 9.8 million on July 16, 2020. As of September 24, 2020, Kingfisher Resources Ltd. entered into a definitive agreement to acquire Seashore Resource Partners Corp. (TSXV:SSH.P) in a reverse merger transaction. Under the terms of the transaction, Seashore Resource Partners Corp. will acquire all of the issued and outstanding securities of Kingfisher Resources Ltd. amounting to 28.1 million shares and will issue its stock as consideration. Seashore Resource Partners Corp. will issue up to one share for each share of Kingfisher Resources Ltd. Upon completion of the transaction, it is expected that Kingfisher Resources Ltd. will become a wholly owned subsidiary of Seashore Resource Partners Corp. Upon completion of the transaction, Seashore Resource Partners Corp. intends to change its name to "Kingfisher Metals Corp." or such other name as Kingfisher Resources Ltd. may determine, and the parties expect that the TSX-V will assign a new trading symbol for the resulting issuer “KFR”. Upon successful completion of the proposed acquisition of the securities of Kingfisher Resources Ltd, it is anticipated that Seashore Resource Partners Corp will be listed as a tier 2 mining issuer on the TSX-V and will carry on the business of Kingfisher Resources Ltd.

Upon completion of the transaction, it is expected that all the Directors and officers of Seashore Resource Partners, other than Chris Beltgens, will resign and be replaced by nominees of Kingfisher Resources Ltd. Dustin Perry (Chief Executive Officer and Director), David Loretto (President and Director), Barry MacNeill( Chief Financial Officer), Chris Beltgens (Director), Richard (Rick) Trotman (Director), Giuseppe (Pino) Perone (Corporate Secretary and Director) Zach Flood (Director) are expected to be the officers resulting issuer. The transaction is subject to parties entering into a definitive agreement on or before August 15, 2020, the completion of satisfactory due diligence investigations, the completion of a private placement by Kingfisher of subscription receipts for gross proceeds of a minimum of CAD 750,000, the approval of the TSX-V approved of the board of Directors of both Seashore and Kingfisher, approval by Kingfisher shareholders, execution of Dissidents rights, listing / approval new shares on stock exchange, execution of escrow agreement and other applicable regulatory authorities. The transaction is subject to the sponsorship requirements of the TSX-V unless an exemption from those requirements is granted. Seashore Resource intends to apply for an exemption from the sponsorship requirements; however, there can be no assurance that an exemption will be obtained. The transaction is not subject to approval of shareholders. On February 10, 2021, the Exchange granted its conditional acceptance for the Proposed Transaction, subject to certain conditions. The transaction is expected to close on or around March 8, 2021.

Kingfisher Resources Ltd. completed the acquisition of Seashore Resource Partners Corp. (TSXV:SSH.P) in a reverse merger transaction on March 12, 2021. In connection with the transaction, the Issuer also completed a non-brokered unit financing for gross proceeds of CAD 6.03 million. As of March 11, 2021, Seashore Resource changed its name to Kingfisher Metals Corp. As part of the consideration, Kingfisher Metals issued 39.2 million shares. Concurrent with closing of the transaction, Hugh Rogers and Alex Langer have resigned as directors of the Kingfisher Metals, and Dustin Perry, David Loretto, Richard Trotman, and Giuseppe (Pino) Perone have been appointed as directors of Kingfisher Metals, to serve with Chris Beltgens. Dustin Perry has been appointed Chief Executive Officer, Barry MacNeil has been appointed Chief Financial Officer, and Giuseppe (Pino) Perone has been appointed Corporate Secretary of Kingfisher Metals.