KO Gold Announces Non-Brokered Private Placement for Gross Proceeds up to C$2,000,000

Executive Summary

• KO Gold Inc. announced a non‑brokered private placement of up to 10 million units at C$0.20 per unit, targeting gross proceeds of up to C$2 million.
• Each unit consists of one common share and one transferable warrant allowing purchase of an additional share at C$0.25 for two years.
• Net proceeds are earmarked for general working capital and to fund exploration drilling on the Smylers and Carrick permits in New Zealand’s Otago Gold District.

Key Details

• Units Offered: Up to 10,000,000 units at C$0.20 per unit.
• Gross Proceeds Target: C$2,000,000 (maximum).
• Unit Composition: 1 common share + 1 transferable common‑share purchase warrant.
• Warrant Terms: Right to acquire one additional share at C$0.25 per share; exercisable for two years from issuance date.
• Closing Date Expected: On or about November 14, 2025.
• Use of Proceeds:
• General working capital.
• Funding of ongoing exploration drilling programs in the Otago Gold District, NZ – specifically:
  • Initial drilling on the Smylers permit to test continuity of previously intersected mineralization.
  • Drilling on the Carrick permit to validate historic significant gold intersections with twin and step‑out holes.
• Finder’s Fees: May be paid in cash and/or warrants on the same terms as the private placement units, to qualified parties assisting the offering.
• Statutory Hold Period: All securities issued are subject to a four‑month‑plus‑one‑day hold period from issuance date.

Notable Quotes

(No direct quotes were provided in the release.)