Cosigo Resources Extends $1M Private Placement

Units carry a full warrant at 15 cents for 60 months, funding prospecting and working capital.

Apr. 2, 2026 at 2:37am

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Cosigo Resources Ltd., a junior exploration company, has announced an extension of its previously announced non-brokered private placement of units in the capital of the corporation. The private placement, valued at up to CAD $1,000,000, will be priced at CAD $0.08 per unit, with each unit carrying a full warrant priced at CAD $0.15 for a period of 60 months from the date of closing.

Why it matters

The financing will fund the next level of prospecting, mapping and sampling on Cosigo's Taraira property in Colombia and the Willow Creek property in Nevada, as well as provide general working capital for the company.

The details

The private placement extension was approved by the TSX Venture Exchange and will now close on April 15, 2026. The placement will include participation by insiders of the company, and Cosigo is relying on certain exemptions under Multilateral Instrument 61-101 for related party transactions.

  • The private placement was originally announced on December 10, 2025.
  • The TSX Venture Exchange has agreed to extend the closing of the private placement to April 15, 2026.

The players

Cosigo Resources Ltd.

A junior exploration company trading on the TSX Venture Exchange, focused on exploring and developing the gold potential of its properties in Colombia and Nevada.

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What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This financing will provide Cosigo Resources with the necessary funds to advance exploration and development work on its key properties, positioning the company to potentially unlock value for shareholders.