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Cosa Resources Corp. ( (TSE:COSA) ) has shared an announcement.
Cosa Resources Corp. announced a C$5 million private placement agreement with Haywood Securities Inc. and other agents, with participation from its largest shareholder, Denison Mines Corp. The funds will support Cosa’s exploration plans, including drilling at the Murphy Lake North and Darby joint venture projects. Denison’s involvement is seen as a strong endorsement of Cosa’s potential and provides financial and technical support for its uranium discovery objectives in the Athabasca Basin.
More about Cosa Resources Corp.
Cosa Resources Corp. operates in the mining industry, focusing on uranium exploration and development. The company is actively engaged in projects within Saskatchewan’s Athabasca Basin, a region known for its rich uranium deposits. Cosa collaborates with Denison Mines Corp., a leading uranium mining company, to advance its exploration initiatives.
Average Trading Volume: 155,598
Technical Sentiment Signal: Buy
Current Market Cap: C$27.11M
For an in-depth examination of COSA stock, go to TipRanks’ Overview page.