Cosa Resources (CSE:COSA)

Cosa Resources: Exploring Uranium Assets in the Prolific Athabasca Basin


Cosa Resources (CSE:COSA) advances five uranium projects comprising more than 100,000 hectares of land within or proximal to Saskatchewan’s Athabasca Basin. Each project captures portions of highly prospective northeast trending uranium corridors and district-scale structural corridors, such as the Cable Bay and Grease River Shear Zones and the Larocque Trend.

Supported by a team of technically focused and successful geologists and mining executives, Cosa believes that a combination of new ideas and aggressive exploration in underexplored areas has the potential to yield the next Tier 1 uranium discovery.

Athabasca Basin Uranium Exploration ProjectsCosa Resources Corp. Athabasca Basin Uranium Exploration Projects

Cosa has strategically assembled a management team with a history of success in the Athabasca Basin. With well over a century of combined uranium experience, Cosa’s management team has been involved with several uranium discoveries in recent years. Chairman Steve Blower was part of the discovery team behind 92 Energy’s Gemini zone, IsoEnergy’s Hurricane deposit, and Denison’s Gryphon deposit. For his role in the Hurricane discovery, he was co-recipient of the AME 2022 Colin Spence Award for excellence in global mineral exploration, alongside fellow Cosa team members Andy Carmichael, Justin Rodko and Craig Parry.

Company Highlights

  • More than 100,000 hectares of uranium assets proximal to the Athabasca Basin - the heart of the Canadian uranium mining sector
  • Projects near to or within highly prospective northeast trending uranium corridors and district-scale structural corridors such as the Cable Bay and Grease River Shear Zones and the Larocque Trend
  • 100-percent-owned Ursa property covers a large portion of the underexplored Cable Bay Shear Zone uranium corridor
  • A management team comprised of technically focused and successful geologists and mining executives with a history of success in the Athabasca Basin

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Cosa Resources (CSE:COSA)

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Cosa Resources Acquires the Cosmo Uranium Property, Athabasca Basin, Saskatchewan

Cosa Resources Acquires the Cosmo Uranium Property, Athabasca Basin, Saskatchewan

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Cosa Resources Corp. (TSX-V: COSA ) (OTCQB: COSAF ) (FSE: SSKU ) (" Cosa " or the " Company ") is pleased to announce that, in connection with its previously announced bought deal private placement offering (the " Offering "), it has entered into an amended agreement with Haywood Securities Inc., on behalf of itself and a syndicate of underwriters (collectively, the " Underwriters ") to increase the size of the Offering to: (i) 2,128,000 hard dollar units of the Company (the " Hard Dollar Units ") at a price of C$0.47 per Hard Dollar Unit (the " Hard Dollar Issue Price "), and (ii) 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 (the " Charity FT Issue Price "), for aggregate gross proceeds to the Company of C$6,500,816.

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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Cosa Resources

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