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KO Gold Announces Increase to Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - January 12, 2026) - KO Gold Inc. (CSE: KOG) ("KO Gold" or the "Company") is pleased to announce that, further to its news release dated December 15, 2025, it has increased the size of its previously announced non-brokered private placement (the "Private Placement") due to strong investor demand.The Private Placement was previously comprised of up to 12,000,000 units (the "Units") at a price of $0.15 per Unit. The Company has increased the maximum number of...
About this update from Ko Gold, Inc.
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - January 12, 2026) - KO Gold Inc. (CSE: KOG) ("KO Gold" or the "Company") is pleased to announce that, further to its news release dated December 15, 2025, it has increased the size of its previously announced non-brokered private placement (the "Private Placement") due to strong investor demand.","length":362,"tagName":"p"},{"type":"text","content":"The Private Placement was previously comprised of up to 12,000,000 units (the "Units") at a price of $0.15 per Unit. The Company has increased the maximum number of Units issuable at a price of $0.15 per Unit to up to 14,914,866 Units, for aggregate gross proceeds of up to $2,237,230.","length":295,"tagName":"p"},{"type":"text","content":"Each such Unit will consist of one common share of the Company (each, a "Share") and one transferable common share purchase warrant (each, a "Warrant"), with each Warrant entitling the holder to acquire one additional Share at an exercise price of C$0.25 for a period of three (3) years from the date of issuance.","length":333,"tagName":"p"},{"type":"text","content":"The Company expects to complete a first closing of the Private Placement on January 14, 2026, for aggregate gross proceeds of $1,980,475.35, representing the issuance of 13,203,169 Units (the "Initial Tranche").","length":221,"tagName":"p"},{"type":"text","content":"In addition, the Company expects to complete a further closing of the Private Placement (the "Second Tranche") for aggregate gross proceeds of approximately up to $458,555, consisting of the issuance of:","length":213,"tagName":"p"},{"type":"text","content":"(a) up to 1,711,697 Units at a price of $0.15 per Unit; and(b) up to 1,034,872 Units at a price of $0.195 per Unit.","length":116,"tagName":"p"},{"type":"text","content":"Each Unit issued at a price of $0.15 per Unit will consist of one Share and one Warrant, with each such Warrant entitling the holder to acquire one additional Share at an exercise price of C$0.25 for a period of three (3) years from the date of issuance.","length":254,"tagName":"p"},{"type":"text","content":"Each Unit issued at a price of $0.195 per Unit will consist of one Share and one Warrant, with each such Warrant entitling the holder to acquire one additional Share at an exercise pric...