Cosa Resources Commences Trading on the OTCQB Market

Cosa Resources Corp. (CSE: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa Resources" or the "Company") is pleased to announce that its common shares are now trading on the OTCQB® Venture Market ("OTCQB") under the symbol "COSAF". Common shares of the Company will continue to trade on the Canadian Securities Exchange under the symbol "COSA", as well as on the Frankfurt Stock Exchange under the new symbol "SSKU".

Keith Bodnarchuk, President & CEO, commented: "Given our team's successful track record of discovery and delivery of shareholder value, and our growing portfolio of under-explored Athabasca Basin uranium projects in Northern Saskatchewan, we have seen continued interest from investors outside of Canada, and are excited to provide them with easier access and exposure to Cosa as we grow and advance as a company."

The OTCQB is a U.S. trading platform operated by the OTC Markets Group which operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for over 12,000 securities including stocks and Exchange Traded Funds. To be eligible for quotation on the OTCQB, companies must meet a minimum bid price test among other financial conditions, be current in their reporting, and undergo an annual verification and management certification process.

By trading on the OTCQB, The Company aims to simplify trading of its common shares and provide increased access to financial and other disclosure. OTCQB exposure and quality standards allow Canadian listed and operated companies to build shareholder value by improving liquidity and attracting new investors. Transparency, modern technology, and market regulation allows investors to make confident and informed decisions when investing in OTCQB listed companies.

The Company's common shares are eligible for electronic clearing and settlement through the Depository Trust Company ("DTC") in the United States; U.S. investors can access financial disclosure and real-time quotes for the Company at www.otcmarkets.com.

About Cosa Resources

Cosa Resources is a Canadian mineral exploration company based in Vancouver, BC and is focused on the exploration of its uranium properties in northern Saskatchewan. The portfolio includes seven uranium exploration properties: Ursa, Orion, Castor, Charcoal, Helios, Astro, and Orbit totaling 147,347 ha in the eastern, northern, and southern Athabasca Basin region.

The team behind Cosa Resources has a track record of success in Saskatchewan, with several decades of combined experience in uranium exploration, discovery, and development in the province.

Keith Bodnarchuk, President and CEO
info@cosaresources.ca
+1 888-899-2672 (COSA)

Cautionary Statements

Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release includes certain "Forward‐Looking Statements" within the meaning of applicable securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "would", "could", "schedule" and similar words or expressions, identify forward‐looking statements or information. These forward looking statements or information relate to, among other things: the exploration, development, and production at the Company's mineral projects.

Forward‐looking statements and forward‐looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of the Company, future growth potential for the Company and its business, and future exploration plans are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of metals; no escalation in the severity of the COVID-19 pandemic; costs of exploration and development; the estimated costs of development of exploration projects; the Company's ability to operate in a safe and effective manner.

These statements reflect the Company's respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward‐looking statements or forward-looking information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the Company's dependence on one mineral project; precious metals price volatility; risks associated with the conduct of the Company's mining activities; regulatory, consent or permitting delays; risks relating to reliance on the Company's management team and outside contractors; the Company's inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of COVID-19; the economic and financial implications of COVID-19 to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company's interactions with surrounding communities; the speculative nature of exploration and development; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified in the Company's public disclosure documents. Readers are cautioned against attributing undue certainty to forward‐looking statements or forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward‐looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.

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Cosa Resources COSA:CC CSE:COSA Energy Investing

COSA:CC

Cosa Resources Closes C$6.5 Million Private Placement

Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce that it has closed the brokered private placement previously announced by the Company on February 12, 2024, as upsized on February 13, 2024, for aggregate gross proceeds of C$6,500,816 (the "Offering"). The Offering was completed through a syndicate of underwriters, led by Haywood Securities Inc. and including PI Financial Corp. (collectively, the "Underwriters").

Pursuant to the Offering, the Company issued 2,128,000 units of the Company (the "Hard Dollar Units") at a price of C$0.47 per Hard Dollar Unit and 7,704,000 charity flow-through units of the Company (the "Charity FT Units", and together with the Hard Dollar Units, the "Units") at a price of C$0.714 per Charity FT Unit.

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Imperial appoints Senior Vice President, Upstream

Cheryl Gomez-Smith to succeed Simon Younger effective May 1, 2024
Simon Younger appointed Lead Country Manager and General Manager Australia Conventional, ExxonMobil Upstream

Imperial (TSE: IMO, NYSE American: IMO) announced today the appointment of Cheryl Gomez-Smith as Senior Vice President, Upstream, effective May 1, 2024. Ms. Gomez-Smith, currently Director of Safety and Risk, ExxonMobil Global Operations and Sustainability, succeeds Simon Younger, who has been appointed Lead Country Manager and General Manager Australia Conventional, ExxonMobil Upstream.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240429303814/en/

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Imperial declares second quarter 2024 dividend

Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 60 cents per share on the outstanding common shares of the company, payable on July 1, 2024, to shareholders of record at the close of business on June 3, 2024.

This second quarter 2024 dividend compares with the first quarter 2024 dividend of 60 cents per share.

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PrairieSky Announces Results of the Annual General Meeting of Shareholders, Election of Directors and New Board Chair

PrairieSky Royalty Ltd. (" PrairieSky " or the " Company ") (TSX: PSK) is pleased to announce that its shareholders approved all resolutions at the annual general meeting of shareholders of the Company held on April 22, 2024 (the " Meeting ") in Calgary, Alberta. The resolutions approved at the Meeting were as follows:

The resolution to appoint the seven (7) nominees as directors of the Company to serve until the next annual meeting of shareholders of the Company, or until their successors are elected or appointed, was passed by way of ballot and each of the directors received the following votes for their election:

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Number of Shares (Post-Consolidation):	11,834,159 shares
Purchase Price:	$1.08 per share
Number of Placees:	75 placees

Insider / Pro Group Participation:

	Placees	# of Placee (s)	Aggregate # of Shares

	Aggregate Existing Insider Involvement:	N/A	N/A
	Aggregate Pro Group Involvement:	4	3,975,978

Company Contact:	Tim Warman, Chief Executive Officer & Director
Company Address:	Unit 550, 800 West Pender St. Vancouver, BC V6C 2V6
Company Phone Number:	+1 (604) 646-1890
Company Email Address:	info@atacamacopper.ca

Number of Shares:	5,800,000 charity flow-through shares
Purchase Price:	$0.80 per charity flow-through share
Warrants:	2,900,000 share purchase warrants to purchase 2,900,000 shares
Warrant Exercise Price:	$0.80 for a two-year period
Number of Placees:	1 placee

Aggregate Principal of Convertible Debenture:	$1,500,000.
Original Maturity Date:	December 31, 2022 (amended to December 31, 2023) .
New Maturity Date:	December 31, 2024.

Number of Common Shares:	5,000,000 common shares
Purchase Price:	$0.105 per common share
Number of Placees:	8 placees

# of Warrants:	20,000,000
Previously Amended Expiry Date of Warrants:	February 20, 2024
New Expiry Date of Warrants:	February 20, 2025
Exercise Price of Warrants:	$0.10 (Unchanged, but previously adjusted on July 28, 2023).

# of Warrants:	1,014,200
Previously Amended Expiry Date of Warrants:	February 20, 2024
New Expiry Date of Warrants:	February 20, 2025
Exercise Price of Warrants:	$0.10 (Unchanged, but previously adjusted on July 28, 2023).

Number of Shares:	6,700,000 shares
Purchase Price:	$0.10 per share
Warrants:	3,350,000 share purchase warrants to purchase 3,350,000 shares
Warrant Exercise Price:	$0.15 for a two-year period
Number of Placees:	14 placees

Number of Shares:	29,467,399 common shares
Purchase Price:	$0.07 per share
Warrants:	14,733,700 share purchase warrants to purchase 14,733,700 shares
Warrant Exercise Price:	$0.11 for an 18-month period
Number of Placees:	13 placees

Number of Shares:	8,849,557 common shares
Purchase Price:	$1.13 per common share
Number of Placees:	1 placees

Number of Shares:	6,250,000 shares
Purchase Price:	$0.08 per share
Warrants:	6,250,000 share purchase warrants to purchase 6,250,000 shares
Warrant Exercise Price:	$0.15 for a two-year period subject to an acceleration expiry clause
Number of Placees:	24 placees

Number of Shares:	5,098,088 common shares
Purchase Price:	CDN$1.22 per share
Warrants:	5,098,088 share purchase warrants to purchase 5,098,088 shares
Warrant Exercise Price:	CDN$1.52 for a period of five (5)-years following the closing date
Number of Placees:	72 placees

Non-Arm's Length Party / Pro Group Participation:

Creditors	# of Creditors	Amount Owing	Deemed Price per Share	Aggregate # of Shares

Aggregate Non-Arm's Length Party Involvement:	4	$120,000	$0.42	285,715
Aggregate Pro Group Involvement:	N/A	N/A	N/A	N/A

# of Warrants:	2,000,000
Original Expiry Date of Warrants:	February 16, 2024
New Expiry Date of Warrants:	February 16, 2025
Exercise Price of Warrants:	$0.175, subject to an acceleration clause

Selected 2023 drill holes with a grade thickness greater than 0.7 (% U ₃ O ₈ x footage)
Drill Hole ID	Zone	From (ft)	Thickness (ft)	Grade (%U308)	GT (Grade X Thickness)	Total Hole GT
SD23_009	3	331.0	4.0	0.227	0.908
SD23_010	2	330.5	3.5	0.240	0.840
SD23_012	1	285.5	4.0	0.180	0.720
SD23_020	1	178.0	3.5	0.252	0.882
SD23_050	2	291.5	7.0	0.142	0.994
SD23_052	3	278.5	6.5	0.187	1.216
SD23_054	1	270.5	4.0	0.218	0.872
SD23_065	2	305.5	4.5	0.237	1.067	1.567
SR23_001	1	401.5	5.5	0.141	0.776
SR23_002	3	422.0	4.5	0.233	1.049	1.542

Margaret A. McKenzie	209,835,908 (99.974%)
Anna M. Alderson	209,860,707 (99.986%)
Anuroop S. Duggal	207,811,552 (99.009%)
P. Jane Gavan	203,184,216 (96.805%)
Glenn A. McNamara	209,865,110 (99.988%)
Andrew M. Phillips	209,849,532 (99.980%)
Sheldon B. Steeves	209,757,333 (99.936%)

	Three Months Ended
(millions, except per share or as otherwise noted)	March 31 2024		December 31 2023		March 31 2023
FINANCIAL
Revenues	$	120.7	$	136.6	$	126.1

Funds from Operations		83.0		111.1		86.3
Per Share - basic and diluted ⁽¹⁾		0.35		0.46		0.36

Net Earnings		47.5		67.4		56.8
Per Share - basic and diluted ⁽¹⁾		0.20		0.28		0.24

Dividends declared ⁽²⁾		59.7		57.3		57.3
Per Share		0.25		0.24		0.24
Dividend payout ratio ⁽³⁾		72 %		52%		66%

Acquisitions - including non-cash consideration ⁽⁴⁾		8.8		22.2		5.4
Net debt at period end ⁽⁵⁾		208.3		222.1		292.4

Shares Outstanding
Shares outstanding at period end		239.0		239.0		238.9
Weighted average - basic		239.0		239.0		238.9
Weighted average - diluted		239.0		239.0		238.9

OPERATIONAL Royalty Production Volumes
Crude Oil (bbls/d)		13,142		12,844		12,212
NGL (bbls/d)		2,535		2,697		2,664
Natural Gas (MMcf/d)		62.1		60.4		59.6
Royalty Production (BOE/d) ⁽⁶⁾		26,027		25,608		24,809

Realized Pricing
Crude Oil ($/bbl)		77.18		83.27		76.25
NGL ($/bbl)		44.18		46.07		46.71
Natural Gas ($/Mcf)		1.89		2.19		4.05
Total ($/BOE) ⁽⁶⁾		47.79		51.78		52.31

Operating Netback per BOE ⁽⁷⁾		39.60		48.68		43.80

Funds from Operations per BOE		35.04		47.16		38.65

Oil Price Benchmarks

⁽¹⁾	^{Funds from operations and net earnings per share are calculated using the weighted average number of basic and diluted common shares outstanding.}
⁽²⁾	^{A dividend of $0.25 per share was declared on March 11, 2024. The dividend was paid on April 15, 2024 to shareholders of record as at March 28, 2024.}
⁽³⁾	^{Dividend payout ratio is defined under the "Non-GAAP Measures and Ratios" section of this press release.}
⁽⁴⁾	^{Excluding right-of-use asset additions.}
⁽⁵⁾	^{See Note 14 "Capital Management" in the interim condensed consolidated financial statements for the three months ended March 31, 2024 and 2023 and Note 15 "Capital Management" in the audited annual consolidated financial statements for the years ended December 31, 2023 and 2022.}
⁽⁶⁾	^{See "Conversions of Natural Gas to BOE".}
⁽⁷⁾	^{Operating netback per BOE is defined under the "Non-GAAP Measures and Ratios" section of this press release.}

Number of Shares:	6,666,670 shares
Purchase Price:	$0.18 per share
Warrants:	6,666,670 share purchase warrants to purchase 6,666,670 shares
Warrant Exercise Price:	$0.25 for a five-year period
Number of Placees:	35 placees

Number of Shares:	700,000 common shares in the capital of the Company ("Shares"). 3,553,948 common share units ("Units"), each Unit consisting of one Share and one-half of one Share purchase warrant ("Warrant"). 4,829,950 flow-through common share units ("FT Units"), each FT Unit consisting of one common share of the Company on a flow-through basis ("FT Share") and one-half of one Warrant.
Purchase Price:	$0.90 per Share, $0.90 per Unit, and $1.05 per FT Unit.
Warrants:	4,191,946 Warrants to purchase 4,191,946 Shares.
Warrant Price:	$1.35 exercisable for a period of 24 months from the date of issuance.
Number of Placees:	55 placees.

Number of Shares:	2,133,333 common share units ("Units"), each Unit consisting of one common share in the capital of the Company ("Share") and one Share purchase warrant ("Warrant").
Purchase Price:	$0.075 per Unit.
Warrants:	2,133,333 Warrants to purchase 2,133,333 Shares.
Warrant Price:	$0.10 exercisable for a period of 2 years from the date of issuance.
Number of Placees:	4 placees.
Finder's Fees:	None.

	Three Months Ended
($ millions)	March 31 2024			December 31 2023			March 31 2023
Cash from Operating Activities	$	79.7		$	128.0		$	17.2
Other Revenue		(7.5	)		(14.6	)		(9.3	)
Amortization of Debt Issuance Costs		(0.1	)		(0.1	)		(0.2	)
Finance Expense		3.7			3.9			4.5
Current Tax Expense		14.7			14.4			16.5
Net Change in Non-cash Working Capital		3.3			(16.9	)		69.1
Operating Netback	$	93.8		$	114.7		$	97.8

	Three Months Ended December 31,			Year Ended December 31,
FINANCIAL ($, except as noted)	2023	2022	Change	2023	2022	Change
Royalty revenue	1,720,264 ⁽¹⁾	1,504,421 ⁽²⁾	14 %	6,646,326 ⁽¹⁾	6,490,519 ⁽²⁾	2 %
Adjusted EBITDA ⁽³⁾	1,525,386	1,399,621	9 %	5,793,204	5,736,622	1 %
Per share (basic)	0.034	0.031	10 %	0.129	0.136	-5 %
Funds from operations ⁽³⁾	1,663,376	1,411,440	18 %	5,653,618	5,128,706	10 %
Per share (basic)	0.037	0.031	19 %	0.126	0.121	4 %
Total comprehensive income (loss)	382,367	559,447	-32 %	1,566,310	2,558,054	-39 %
Per share (basic)	0.008	0.012	-33 %	0.035	0.060	-42 %
Per share (diluted)	0.008	0.012	-33 %	0.034	0.059	-42 %
Dividends declared	812,850	673,450	21 %	2,968,990	2,693,798	10 %
Per share	0.018	0.015	20 %	0.066	0.06	10 %
Payout ratio ⁽³⁾	49 %	48 %	2 %	53 %	53 %	-
Cash and cash equivalents	1,462,040	13,152,502	-89 %	1,462,040	13,152,502	-89 %
Per share (basic)	0.03	0.29	-90 %	0.03	0.29	-90 %
Average shares outstanding (basic)	45,139,091	44,896,645	1 %	45,022,140	42,344,911	6 %
Shares outstanding (end of period)	45,231,645	44,896,645	1 %	45,231,645	44,896,645	1 %
OPERATING
Average daily production (boe/d)	218 ⁽⁴⁾	169 ⁽⁵⁾	29 %	208 ⁽⁴⁾	166 ⁽⁵⁾	25 %
Percentage oil & NGLs	94 %	92 %	2 %	93 %	92 %	1 %
Average price realizations ($/boe)	85.86	96.55	-11 %	87.54	107.28	-18 %
Operating netback ($/boe) ⁽³⁾	76.06	90.02	-16 %	76.30	94.68	-19 %
Corporate netback ($/boe) ⁽³⁾	82.94	90.78	-9 %	74.47	84.65	-12 %

(1)	Source Rock also benefited from $211,892 (Q4 2023) and $373,437 (fiscal 2023) of sales proceeds from royalty production that occurred after the effective date but prior to the closing date of acquisitions. These proceeds were accounted for as a reduction to the purchase price of the acquisitions.
(2)	Source Rock also benefited from $85,268 (Q4 2022) and $25,268 (fiscal 2022) of sales proceeds from royalty production that occurred after the effective date but prior to the closing date of acquisitions. These proceeds were accounted for as a reduction to the purchase price of the acquisitions.
(3)	This is a non-GAAP financial measure or non-GAAP ratio. Refer to the disclosure under the heading "Non-GAAP Financial Measures & Ratios" for more information on each non-GAAP financial measure or ratio.
(4)	Source Rock also benefited from 29 boe/d (100% oil & NGLs) for Q4 2023 and 12 boe/d (100% oil & NGLs) for fiscal 2023, of royalty production that occurred after the effective date but prior to the closing date of acquisitions.
(5)	Source Rock also benefited from 9 boe/d (100% oil & NGLs) for Q4 2022 and 2 boe/d (100% oil & NGLs) for fiscal 2022, of royalty production that occurred after the effective date but prior to the closing date of acquisitions.

Cosa Resources Commences Trading on the OTCQB Market

Cosa Resources Investor Kit

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Overview

Uranium Markets

Company Highlights

Key Projects

Ursa

Helios

Orion

Astro

Orbit

Eclipse

Polaris

Aurora

Management Team

Keith Bodnarchuk - President, CEO and Director

Steve Blower - Chairman

Andy Carmichael - VP of Exploration

Darren Morgans - Chief Financial Officer

Wes Short - Executive VP and Director

Justin Rodko - Corporate Development Manager

Craig Parry - Advisor

Ted Trueman - Director

Janine Richardson - Director

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