Northwire Canada EditionFriday, November 13, 2026
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Gold 3,878.70 −0.2% Silver 48.81 −2.5% Copper 6.08 −1.9% Oil 88.78 +0.1% Palladium 1,001.00 +1.0% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 16.04 −0.8% XTG 2.08 +4.0% RUA 1.06 −3.6% TUF 0.610 −1.6% NEXG 1.12 −1.8% ELEF 0.275 −1.8% LVG 0.345 +1.5% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.51 −2.5% OBUL 0.345 +0.0% MKO 10.53 −2.7% SGML 7.31 +3.2% Gold 3,878.70 −0.2% Silver 48.81 −2.5% Copper 6.08 −1.9% Oil 88.78 +0.1% Palladium 1,001.00 +1.0% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 16.04 −0.8% XTG 2.08 +4.0% RUA 1.06 −3.6% TUF 0.610 −1.6% NEXG 1.12 −1.8% ELEF 0.275 −1.8% LVG 0.345 +1.5% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.51 −2.5% OBUL 0.345 +0.0% MKO 10.53 −2.7% SGML 7.31 +3.2%
Financings

KO Gold Announces Private Placement Update

By The Northwire Desk — AI Analysis Dec 12, 2025 · 17:23 KOG · 0.16 KO Gold Inc.
KOG · Price

Executive Summary

  • KO Gold Inc. announced it will not proceed with the previously disclosed non‑brokered private placement of up to 10 million units at $0.20 per unit.
  • The cancellation eliminates the anticipated gross proceeds of up to $2 million that were expected to fund exploration activities in New Zealand.
  • No alternative financing has been announced, leaving the company’s near‑term capital needs uncertain.

Key Details

  • Original Offering: Up to 10,000,000 units at $0.20 per unit, targeting gross proceeds of up to $2,000,000.
  • Status Change: The private placement is now cancelled; no units will be issued and no funds will be received.
  • Impact on Funding: Expected financing for ongoing exploration and drilling programs in the Otago Gold District will not be available as previously planned.
  • Company Statement: No further comment was provided regarding alternative financing strategies or timelines.

Notable Quotes

(No executive quotes were included in the release.)

Read the original news release →

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