Cosa Resources Secures C$6.5M for Uranium Projects

Cosa Resources Corp. (TSE:COSA) has released an update.

Cosa Resources Corp. successfully completed a C$6.5 million private placement, issuing units comprising common shares and warrants to fund their uranium projects in Saskatchewan and for general working capital. The funds raised from the charity flow-through units will be invested in Canadian exploration expenses and flow-through mining expenditures, with all qualifying expenses to be renounced by the end of 2024. The deal included a syndicate of underwriters led by Haywood Securities Inc., and Cosa Resources welcomed CQS (UK) LLP as a new insider.

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