Group 1 - Kobrea Exploration Corp. is set to close its private placement offerings on October 3, 2025, with total gross proceeds expected to be $8,500,000 [1][2][5] - The Brokered Offering will consist of 7,753,000 Units priced at $0.50 each, generating $3,876,500, while the Non-Brokered Offering will include 9,247,000 Units at the same price, yielding $4,623,500 [2] - The company focuses on mineral exploration and development, particularly in base metal projects, holding rights to 7 projects covering 733 km² in Argentina, which are prospective for porphyry copper and copper-gold deposits [6] Group 2 - Kobrea also owns a 100% interest in the Upland Copper Project located in British Columbia, Canada [6] - The company has outlined multiple porphyry copper targets exhibiting significant geological features, including hydrothermal alteration and anomalous geochemistry [6] - An amended offering document related to the private placements is available for prospective investors to review [3]
Kobrea to Close on $8.5 Million Private Placement
Newsfile·2025-10-01 23:20