KO Gold Announces Non-Brokered Private Placement for Gross Proceeds up to C$1,800,000

Executive Summary

• KO Gold Inc. announced a non‑brokered private placement of up to 12 million units at C$0.15 per unit, targeting gross proceeds of up to C$1.8 million.
• Each unit consists of one common share and one transferable warrant allowing purchase of an additional share at C$0.25 for three years.
• Net proceeds are earmarked for general working capital and to fund ongoing exploration and drilling programs in the Otago Gold District, New Zealand; first tranche expected to close around 8 January 2026.

Key Details

• Units Offered: Up to 12,000,000 units at C$0.15 per unit.
• Gross Proceeds Target: C$1,800,000.
• Unit Composition: 1 common share + 1 transferable common share purchase warrant.
• Warrant Terms: Right to acquire one additional share at C$0.25; exercisable for three (3) years from issuance date.
• Use of Proceeds: General working capital and financing of exploration/drilling programs in the Otago Gold District, New Zealand.
• Closing Schedule: Placement may be closed in tranches; first tranche anticipated on or about 8 January 2026.
• Finder’s Fees: May be paid in cash and/or warrants on the same terms as the units to qualified parties.
• Statutory Hold Period: All securities subject to a four‑month‑plus‑one‑day hold period from issuance date.

Notable Quotes

(No direct quotes were provided in the release.)