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KO Gold Extends Expiry of 3.36 Million Share Purchase Warrants

Story Highlights
  • KO Gold has extended 3.36 million $0.40 share purchase warrants to January 10, 2027.
  • The warrant extension may enhance KO Gold’s financing flexibility to fund ongoing Otago exploration work.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
KO Gold Extends Expiry of 3.36 Million Share Purchase Warrants

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The latest announcement is out from KO Gold, Inc. ( (TSE:KOG) ).

KO Gold Inc. has extended the expiry date of warrants to purchase up to 3,363,772 common shares at $0.40 per share from January 10, 2026 to January 10, 2027, affecting securities originally issued in a private placement that closed in January 2024. The extension could give the junior explorer a longer window in which investors may choose to exercise the warrants, potentially providing additional capital to support the company’s ongoing gold exploration activities in New Zealand’s Otago Gold District and reinforcing its financing flexibility amid continued exploration spending.

More about KO Gold, Inc.

KO Gold Inc. is a Canadian junior gold exploration company listed on the CSE under the symbol KOG. The company focuses on acquiring and exploring highly prospective gold properties in New Zealand’s Otago Gold District, where it holds four 100%-owned prospecting and exploration permits totaling 400 km², adjacent to major operations such as OceanaGold’s Macraes Gold Mine and near Santana Minerals’ Bendigo-Ophir Gold Project. KO Gold also holds a net smelter return royalty on three additional permits covering 340 km² and has invested more than C$3 million in exploration and drilling, including reverse circulation and diamond drilling on its Smylers permit over the past five years.

Average Trading Volume: 41,310

Technical Sentiment Signal: Sell

Current Market Cap: C$4.4M

For a thorough assessment of KOG stock, go to TipRanks’ Stock Analysis page.

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