Associated tags: Athabasca Basin, Uranium, TSX Venture Exchange, Project, News
Locations: BC, CA, CANADA, AURORA, ALLIGATOR LAKE, LIECHTENSTEIN, AUSTRIA, SWITZERLAND, GERMANY, UNITED STATES, MI, VANCOUVER, BRITISH COLUMBIA, KODIAK, SASKATCHEWAN
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Typesetting Vancouver, British Columbia--(Newsfile Corp. - May 9, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce its summer exploration plans for its portfolio of Athabasca Basin uranium projects.
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - May 9, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce its summer exploration plans for its portfolio of Athabasca Basin uranium projects.
- Andy Carmichael, VP of Exploration, commented: "We are planning a busy summer season in the southeastern Athabasca with exploration plans that respond to the encouraging results of initial drilling at Ursa and reflect the discovery potential we see in our Orion, Aurora, and Orbit projects.
- ANT work at Orion will follow-up the prominent, kilometre-scale sandstone hosted conductivity anomaly identified in 2023 and guide future exploration efforts.
- Although ANT is relatively new to the Athabasca Basin, recent exploration drilling in the region targeting ANT anomalies has successfully intersected zones of hydrothermal alteration at depth.
Retrieved on:
Wednesday, April 24, 2024
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce the completion of the winter 2024 diamond drilling program at its 100% owned Ursa uranium Project in the Athabasca Basin, Saskatchewan ("Ursa" or the "Property").
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - April 24, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce the completion of the winter 2024 diamond drilling program at its 100% owned Ursa uranium Project in the Athabasca Basin, Saskatchewan ("Ursa" or the "Property").
- Drill hole UR24-03, the third and final of the program, intersected a broad zone of sandstone alteration containing dravitic structures and sulphides.
- As structurally controlled dravite and sulphide alteration occur proximal to several Athabasca uranium deposits, these results present a compelling follow-up target for the upcoming summer drilling season.
- Finally, we thank Bryson Drilling for their safe and efficient performance on Cosa's inaugural drill program."
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Security (finance) Vancouver, British Columbia--(Newsfile Corp. - March 5, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce that it has closed the brokered private placement previously announced by the Company on February 12, 2024, as upsized on February 13, 2024, for aggregate gross proceeds of C$6,500,816 (the "Offering").
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - March 5, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce that it has closed the brokered private placement previously announced by the Company on February 12, 2024, as upsized on February 13, 2024, for aggregate gross proceeds of C$6,500,816 (the "Offering").
- The Offering was completed through a syndicate of underwriters, led by Haywood Securities Inc. and including PI Financial Corp. (collectively, the "Underwriters").
- All Qualifying Expenditures will be renounced in favour of the subscribers of the Charity FT Units effective December 31, 2024.
- Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
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Rare-earth element Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce that following completion of ground-based geophysical surveying, the Company has commenced diamond drilling at its 100% owned Ursa uranium Project in the Athabasca Basin, Saskatchewan ("Ursa" or the "Property").
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce that following completion of ground-based geophysical surveying, the Company has commenced diamond drilling at its 100% owned Ursa uranium Project in the Athabasca Basin, Saskatchewan ("Ursa" or the "Property").
- The additional funding will also allow us to expand summer drilling at Ursa where warranted.
- Cosa's drilling strategy is to test for the presence of structure and hydrothermal alteration typical of the Athabasca Basin's high-grade unconformity-related uranium deposits.
- Drilling will be proximal to EM conductors that may reflect structurally reactivated graphitic basement rocks typically associated with Athabasca uranium deposits.
Retrieved on:
Wednesday, February 21, 2024
Vancouver, British Columbia--(Newsfile Corp. - February 21, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce the acquisition of the 100% owned Cosmo uranium property in the eastern Athabasca Basin, Saskatchewan ("Cosmo" or the "Property").
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - February 21, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce the acquisition of the 100% owned Cosmo uranium property in the eastern Athabasca Basin, Saskatchewan ("Cosmo" or the "Property").
- Keith Bodnarchuk, President and CEO, commented: "With the successful acquisition of Cosmo, we continue to strengthen our portfolio of prospective and under-explored uranium projects in the Athabasca Basin.
- As the clean energy revolution builds momentum, projects with sufficient size and the right geological framework are becoming more difficult to acquire.
- We look forward to advancing Cosmo to drill testing given the proximity to known mineralization on trend and the project's location close to existing infrastructure."
Retrieved on:
Tuesday, February 13, 2024
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Security (finance) VANCOUVER, British Columbia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Cosa Resources Corp. (TSX-V: COSA) (OTCQB: COSAF) (FSE: SSKU) (“Cosa” or the “Company”) is pleased to announce that, in connection with its previously announced bought deal private placement offering (the “Offering”), it has entered into an amended agreement with Haywood Securities Inc., on behalf of itself and a syndicate of underwriters (collectively, the “Underwriters”) to increase the size of the Offering to: (i) 2,128,000 hard dollar units of the Company (the “Hard Dollar Units”) at a price of C$0.47 per Hard Dollar Unit (the “Hard Dollar Issue Price”), and (ii) 7,704,000 charity flow-through units of the Company (the “Charity FT Units”, and together with the Hard Dollar Units, the “Units”) at a price of C$0.714 per Charity FT Unit (the “Charity FT Issue Price”), for aggregate gross proceeds to the Company of C$6,500,816.
Key Points:
- Each Warrant will entitle the holder thereof to purchase one Share (a “Warrant Share”) at an exercise price of C$0.67 for 24 months following the completion of the Offering.
- All Qualifying Expenditures will be renounced in favour of the subscribers of the Charity FT Units effective December 31, 2024.
- The net proceeds from the sale of Hard Dollar Units will be used to fund exploration and for additional working capital purposes.
- Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Retrieved on:
Monday, February 12, 2024
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Security (finance) VANCOUVER, British Columbia, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Cosa Resources Corp. (TSX-V: COSA) (OTCQB: COSAF) (FSE: SSKU) (“Cosa” or the “Company”) is pleased to announce that it has entered into an agreement with Haywood Securities Inc., on behalf of itself and a syndicate of underwriters (collectively, the “Underwriters”) who have agreed to purchase, or arrange for substitute purchasers, on a “bought deal” private placement basis, 2,128,000 hard dollar units of the Company (the “Hard Dollar Units”) at a price of C$0.47 per Hard Dollar Unit (the “Hard Dollar Issue Price”), and 5,603,000 charity flow-through units of the Company (the “Charity FT Units”, and together with the Hard Dollar Units, the “Units”) at a price of C$0.714 per Charity FT Unit (the “Charity FT Issue Price”), for aggregate gross proceeds to the Company of C$5,000,702 (collectively, the “Offering”).
Key Points:
- All Qualifying Expenditures will be renounced in favour of the subscribers of the Charity FT Units effective December 31, 2024.
- The net proceeds from the sale of Hard Dollar Units will be used to fund exploration and for additional working capital purposes.
- Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S.
- Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Retrieved on:
Wednesday, January 31, 2024
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Uranium mining Vancouver, British Columbia--(Newsfile Corp. - January 31, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce completion of the previously announced acquisition (the "Acquisition") of the Titan uranium Property in the Athabasca Basin, Saskatchewan ("Titan" or the "Property") from CanAlaska Uranium Ltd. (the "Vendor") pursuant to a property acquisition agreement dated January 12, 2024 (the "Purchase Agreement").
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - January 31, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce completion of the previously announced acquisition (the "Acquisition") of the Titan uranium Property in the Athabasca Basin, Saskatchewan ("Titan" or the "Property") from CanAlaska Uranium Ltd. (the "Vendor") pursuant to a property acquisition agreement dated January 12, 2024 (the "Purchase Agreement").
- The consolidated Orion project now covers 22 kilometres of the Larocque Lake trend midway between two uranium occurrences on the Cigar Lake trend.
- The expanded Orion Project (the "Project") comprises 11 claims totaling 18,332 hectares and lies within 31 kilometres of the Cigar Lake Uranium Mine.
- The Project covers 22 kilometres of the Larocque Lake trend which hosts the Hurricane uranium deposit, the Larocque Lake uranium zone, and the Alligator Lake uranium zone (Figure 2).
Retrieved on:
Wednesday, January 17, 2024
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Uranium mining Recent MobileMT™ survey results at Ursa and Orion significantly upgraded the prospectivity of the area, making the addition of Titan a focus for the Cosa team.
Key Points:
- Recent MobileMT™ survey results at Ursa and Orion significantly upgraded the prospectivity of the area, making the addition of Titan a focus for the Cosa team.
- Our uranium portfolio is nearing 200,000 hectares in the Athabasca Basin region, and we will continue to seek opportunities to advance and diversify our portfolio of highly prospective uranium projects.
- We would like to thank the team at CanAlaska for their cooperation in completing the Titan agreement expeditiously and in the best interest of both companies."
- The Project will cover 22 kilometres of the Larocque Lake trend which hosts the Hurricane uranium deposit, the Larocque Lake uranium zone, and the Alligator Lake uranium zone (Figure 2).
Retrieved on:
Thursday, January 11, 2024
We are pleased to have quickly advanced the Project to this stage and look forward to updating the market on the survey results.
Key Points:
- We are pleased to have quickly advanced the Project to this stage and look forward to updating the market on the survey results.
- With an abundance of target areas at Ursa and several target generation programmes planned across our portfolio, 2024 will be a busy and exciting year for Cosa."
- The survey contractor Cosa selected for this work has extensive experience in the Athabasca Basin and has deployed cutting edge EM survey equipment to Ursa.
- With the onset of frozen ground conditions in northern Saskatchewan, Cosa has also begun establishing a winter trail to access the Project ahead of drill mobilization."
