Business
Kobo Resources Announces Non-Brokered Private Placement
Kobo Resources Inc. (“ Kobo ” or the “ Company ”) ( TSX.V: ...
About this update from Kobo Resources Inc.
[{"type":"text","content":"Kobo Resources Announces Non-Brokered Private Placement \n\n\n\n\n\n\n Kobo Resources Inc. (“\n \n Kobo\n \n ” or the “\n \n Company\n \n ”) (\n \n TSX.V: KRI\n \n ) intends to complete a non-brokered private placement of 958,306 common shares (the “\n \n Common Shares\n \n ”) at a price of $0.30 per Common Share for gross proceeds of $287,491.80\n \n\n (the “\n \n Offering\n \n ”). The Common Shares will be issued pursuant to exemptions from the prospectus requirements in accordance with National Instrument 45-106 –\n \n Prospectus Exemptions\n \n and will be subject to a 4-month statutory hold period in accordance with applicable Canadian securities laws.\n \n\n The Company intends to use the net proceeds of the Offering for general corporate and working capital purposes.\n \n\n Closing of the Offering is expected to occur on or about February 3, 2026 (the “\n \n Closing\n \n ”), and is subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange.\n \n\n The Common Shares have not been registered under the United States Securities Act of 1933, as amended (the “\n \n U.S. Securities Act\n \n ”), or any U.S. state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the “United States” or “U.S. persons” (as such terms are defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act and all applicable U.S. state securities laws or compliance with an exemption from such registration requirements. This press release is not an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction.\n \n\n\n About Kobo Resources Inc.\n \n\n\n Kobo Resources is a growth-focused gold exploration company with a compelling gold discovery in Côte d'Ivoire, one of West Africa’s most prolific gold districts, hosting several multi-million-ounce gold mines. The Company’s 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Y...