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Cosa Announces Upsized C$7.5 Million Private Placement
Globenewswire· 2025-11-14 18:23
Core Viewpoint - Cosa Resources Corp. has announced an increase in the size of its private placement offering, aiming to raise up to approximately C$7,500,000 through the sale of various types of units and shares [1][4]. Group 1: Offering Details - The offering includes up to 11,538,462 hard dollar units at C$0.26 per unit, up to 7,537,690 charity flow-through units at C$0.398 per unit, and up to 5,000,000 flow-through common shares at C$0.30 per share [1]. - Each unit consists of one common share and one-half of a common share purchase warrant, while each charity flow-through unit consists of one flow-through share and one-half of a warrant [2]. - The total gross proceeds from the offering are expected to be used for exploration and working capital, with specific allocations for Canadian exploration expenses related to uranium projects in the Athabasca Basin [4]. Group 2: Regulatory and Financial Aspects - The offering will be conducted under exemptions from registration requirements in Canada and the United States, with a hold period of four months plus one day for the issued shares [5][8]. - A cash commission of 5.0% will be paid to agents on the gross proceeds, with a reduced commission of 3.0% for certain purchasers on a president's list [7]. Group 3: Company Background and Strategic Initiatives - Cosa Resources is a Canadian uranium exploration company with a portfolio of approximately 237,000 hectares in the Athabasca Basin, focusing on underexplored projects [10]. - The company has a strategic collaboration with Denison Mines, enhancing its access to additional uranium exploration projects [11]. - Cosa's management team has a proven track record in uranium exploration, having received awards for significant discoveries in the region [12].
Vanguard Mining Expands U.S. Investor Access with Ticker Change to UUUFF on OTCID Market
Thenewswire· 2025-08-19 07:05
Core Points - Vanguard Mining Corp. has transitioned to the OTCID™ Market and its shares are now trading under the new ticker symbol "UUUFF" as of August 18, 2025 [1][3] - The OTCID™ Basic Market enhances transparency by requiring timely financial reporting and verified company profiles, which aims to build investor confidence and improve market integrity [2] - This milestone reflects Vanguard's commitment to transparency and sound corporate governance, positioning the company for broader engagement with long-term shareholders and enhanced visibility in U.S. capital markets [3] Corporate Updates - Vanguard Mining Corp. will hold its Annual General Meeting (AGM) on October 3, 2025, to address the election of directors and appointment of auditors [4] - Shareholders of record as of August 19, 2025, will be entitled to vote at the AGM [4] - Further details regarding the AGM will be provided in the management information circular, which will be mailed to shareholders and filed on SEDAR+ [5] Company Overview - Vanguard Mining Corp. is a Canadian mineral exploration company focused on high-value strategic minerals, particularly uranium exploration projects in the U.S. and Paraguay [6] - The company aims to identify and develop assets critical to the global energy transition while committing to responsible exploration and value creation [6]