Cosa Resources Corp. (TSXV: COSA; OTCQB: COSAF) closed an upsized C$12,014,950 bought-deal private placement on June 24, 2026. The deal comprised 5,835,000 common shares at C$0.60, 3,045,000 Saskatchewan charity flow-through shares at C$0.99, 4,020,000 national charity flow-through shares at C$0.87 and 2,860,000 flow-through shares at C$0.70.
Velocity Trade Capital and Haywood Securities underwrote the offering, with 795,600 compensation warrants at C$0.60 exercisable to June 24, 2028. Denison Mines (TSX: DML; NYSE: DNN), Cosa’s largest shareholder and joint-venture partner, participated directly.
Proceeds fund 2026 uranium exploration drilling in the eastern Athabasca Basin at the Murphy Lake North and Darby projects.