Kobo Resources Announces Closing of Non-Brokered Private Placement with Drilling Services Provider

2026-02-04 - 12:45

QUEBEC CITY -- Kobo Resources Inc. (“Kobo” or the “Company”) (TSX.V: KRI) is pleased to announce that it has closed its previously announced non-brokered private placement of common shares (the “Common Shares”) for gross proceeds of $287,491.80 (the “Offering”). Pursuant to the Offering, Rockstone Drilling Inc., a drilling services provider that has supported the Company’s exploration activities since 2023, has subscribed for 958,306 Common Shares at a price of $0.30 per Common Shares pursuant to an exemption from the prospectus requirements in accordance with National Instrument 45-106 – Prospectus Exemptions. The Common Shares are subject to a statutory hold period until June 4, 2026. Read More