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Kobrea Exploration Corp. to Close $8.5 Million Private Placement

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An update from Kobrea Exploration Corp. ( (TSE:KBX) ) is now available.

Kobrea Exploration Corp. announced it expects to close an $8.5 million private placement on October 3, 2025, through brokered and non-brokered offerings. The funds will support the company’s exploration activities and enhance its market position in the mineral exploration industry. The closing of the offering is contingent upon receiving necessary regulatory approvals, including from the Canadian Securities Exchange.

More about Kobrea Exploration Corp.

Kobrea Exploration Corp. is a mineral exploration and development company focused on acquiring and exploring base metal projects. The company holds rights to earn a 100% interest in seven projects in southwestern Mendoza Province, Argentina, which are highly prospective for porphyry copper and copper-gold deposits. Kobrea also owns the Upland Copper Project in British Columbia, Canada.

Average Trading Volume: 64,635

Technical Sentiment Signal: Hold

Current Market Cap: C$16.86M

For an in-depth examination of KBX stock, go to TipRanks’ Overview page.

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