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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).

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