Kobo Resources Inc. closes non-brokered private placement of units for C$4.5M and a brokered private placement of units for C$2.9M
Date Closed
July 2, 2024
Lead Office
Québec City
Value
7.40 Million CAD
On June 4, 2024, and July 2, 2024, Kobo Resources Inc. ("Kobo") closed its non-brokered private placement of units at C$0.35 per unit, for gross proceeds of C$4.5 million and a brokered private placement of additional units for C$0.35 per additional unit, for additional gross proceeds of C$2.9 million.
Kobo, headquartered in Quebec City, Quebec, Canada, is a growth-focused gold exploration company with a compelling new gold discovery in Cote d’Ivoire, one of West Africa’s most prolific and developing gold districts, hosting several multi-million-ounce gold mines.
McCarthy Tétrault advised Kobo with a team led by Myreille Gilbert that included Philippe Leclerc, Xin Gao, Annie Poirier-Simard, Kim Godbout and Joseph Gagnon (Capital Markets).