KSK

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED
STATES OF AMERICA


Kiska Metals Corporation (TSX VENTURE:KSK) ("Kiska" or the "Company") is pleased
to announce that it intends to raise up to $1.5 million by way of a private
placement financing. 


Kiska intends to use the new funds raised to pursue a number of business
opportunities that have been identified, as well as for general corporate
purposes.


Private Placement Financing

Kiska intends to raise new capital through a non-brokered private placement of
15,000,000 units at a price of $0.10 per unit, for gross proceeds of $1,500,000.
Each unit will consist of one common share (a "Common Share") and one
transferable share purchase warrant (the "Warrant"). Each Warrant will entitle
the holder to purchase one additional Common Share for a period of three years,
for $0.15. If, after expiry of the four month restricted resale period, the
closing price of the common shares of the Corporation on the TSX Venture
Exchange is higher than $0.30 for 20 consecutive trading days then on the date
that is the 20th consecutive trading day (the "Acceleration Trigger Date") the
expiry date of the Warrants will be accelerated to the date that is 20 business
days after the Acceleration Trigger Date and the Company will issue a news
release giving written notice of the accelerated Warrant expiry date. 


A finder's fee may be paid on a portion of the placement. The finder's fee will
consist of cash or units equal to 7% of the units sold to investors introduced
by finders, and non-transferable share purchase warrants equal to 7% of such
units sold to investors ("Broker Warrants"). The finder's fee unit warrants will
have the same terms as the Warrants. The Broker Warrants issued will permit the
purchase of one Common Share for two years at a price of $0.10.


The Common Shares, and any Common Shares issued on the exercise of the Warrants
and Broker Warrants, will be subject to a four month restricted resale period
and applicable securities legislation hold periods outside of Canada. There can
be no assurance that the private placement will be completed as proposed or at
all. 


Affiliates of Sprott Inc. will act as finders in the proposed placement and
subscribe for all or part of the offering, as determined by mutual agreement
between the Company and the finders.


The Company has granted 1,700,000 incentive stock options to directors,
officers, employees and consultants of the Company at a price of $0.10. Options
are granted in accordance with the Company's Incentive Stock Option plan
approved at the Annual General Meeting held September 19, 2013. 


About Kiska Metals Corporation

Kiska Metals Corporation is a mineral exploration company with a diverse
portfolio of gold and copper projects available for option/joint venture
throughout North America and Australia. One of the more advanced assets is the
Whistler property, Alaska, a district-scale gold-copper porphyry project with
excellent exploration potential that contains a 2.25 M oz gold-equivalent
indicated resource. Kiska has numerous gold and copper projects available for
option-joint venture as well as an extensive royalty portfolio available for
purchase.


On behalf of Kiska Metals Corporation

David Caulfield, P.Geo., Interim President & CEO

THIS PRESS RELEASE, PROVIDED PURSUANT TO APPLICABLE CANADIAN REQUIREMENTS, IS
NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED
STATES, AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN.
THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT
OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR
SOLD IN THE UNITED STATES OR TO U.S. PERSONS ABSENT REGISTRATION OR APPLICABLE
EXEMPTION FROM REGISTRATION REQUIREMENTS.


CAUTIONARY STATEMENT: No stock exchange, securities commission or other
regulatory authority has approved or disapproved the information contained
herein. This News Release includes certain "forward-looking statements". Other
than statements of historical fact, all statements included in this release,
including, without limitation, statements regarding future plans and objectives
of Kiska Metals Corporation, are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such statements will
prove to be accurate, and actual results and future events could differ
materially from those anticipated in such statements. Important factors that
could cause actual results to differ materially from Kiska's expectations are
the risks detailed herein and from time to time in the filings made by Kiska
Metals Corporation with securities regulators. Those filings can be found on the
Internet at http://www.sedar.com and http://www.sec.gov.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Kiska Metals Corporation
Candice Ridyard
Investor Relations
604.669.6660


Kiska Metals Corporation
David Caulfield
604.669.6660
604.669.0898 (FAX)
www.kiskametals.com

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