Cosigo Resources Announces Extension of Private Placement Date

Executive Summary

• The TSX Venture Exchange approved an extension of the closing date for Cosigo Resources’ non‑brokered private placement of up to CAD 1,000,000 in units until April 15, 2026.
• Units are priced at CAD 0.08 each and include full warrants priced at CAD 0.15, exercisable at CAD 0.15 per share for 60 months after closing.
• Net proceeds will be used to fund prospecting, mapping and sampling on the Taraira (Colombia) and Willow Creek (Nevada) properties and for general working capital.

Key Details

• Offering Size: Up to CAD 1,000,000 of units.
• Unit Price: CAD 0.08 per unit.
• Warrant Terms: Full warrant priced at CAD 0.15; each warrant allows purchase of one common share at CAD 0.15 for 60 months post‑closing.
• Closing Extension: New deadline – April 15, 2026 (originally earlier).
• Related Party Participation: Insiders will participate, qualifying as a related‑party transaction under MI 61‑101; exemptions relied upon for valuation and minority shareholder approval.
• Use of Proceeds:
• Prospecting, mapping and sampling on the Taraira property (Colombia).
• Similar work on the Willow Creek Nevada property.
• General working capital.

Notable Quotes

(No direct quotes were provided in the release.)