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Cosigo Resources Extends Private Placement to Advance Gold Exploration Assets

Story Highlights
  • Cosigo Resources secures more time to close its CAD$1 million private placement, supporting exploration work and working capital needs.
  • Funds will advance prospecting, mapping and sampling at key Colombian and Nevada properties, reinforcing Cosigo’s multi-jurisdictional exploration strategy.
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Cosigo Resources Extends Private Placement to Advance Gold Exploration Assets

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Cosigo Resources Ltd. ( (TSE:CSG) ) just unveiled an announcement.

Cosigo Resources Ltd., a junior gold-focused exploration company with assets in Colombia and Nevada and a minority interest in a Canadian diamond explorer, continues to position itself in early-stage resource development across multiple jurisdictions. Its portfolio spans the Taraira District in south-east Colombia, the Willow Creek property in Nevada’s northern sierras, and the Damian property in Colombia’s Cordillera region.

The company has received TSX Venture Exchange approval to extend the closing date of its non-brokered private placement of up to CAD$1 million in units, each comprising a share and a five-year warrant, to April 15, 2026. Proceeds from the financing, which includes insider participation under MI 61-101 exemptions, will fund the next phase of prospecting, mapping and sampling at the Taraira and Willow Creek projects and support general working capital, potentially advancing exploration momentum on key properties.

More about Cosigo Resources Ltd.

Cosigo Resources Ltd. is a junior mineral exploration company listed on the TSX Venture Exchange and OTCQB, focused primarily on advancing the gold potential of its properties in Colombia’s Taraira District near the Brazilian border. The company also holds 100% interests in the Willow Creek gold property in Nevada and the Damian property in Colombia, and owns a minority stake in DHK Diamonds Inc., which is exploring for diamonds in Canada’s Northwest Territories.

Average Trading Volume: 34,916

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$10.35M

For detailed information about CSG stock, go to TipRanks’ Stock Analysis page.

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