Mr. Greg Isenor reports
KO GOLD ANNOUNCES EXTENSION OF WARRANTS
KO Gold Inc.'s board of directors has approved an extension of the expiry date of certain warrants to purchase up to 3,363,772 common shares of the company. The warrants are exercisable at 40 cents per share and will now expire on Jan. 10, 2027, as amended from the previous expiry date of Jan. 10, 2026. The warrants were issued to investors in connection with a private placement that closed on Jan. 10, 2024.
About KO Gold Inc.
KO Gold is a Canadian junior exploration company listed on the Canadian Securities Exchange under KOG. The company's strategy is to acquire and explore highly prospective gold properties within the Otago gold district in New Zealand. KO Gold presently has four 100-per-cent-owned prospecting and exploration permits within the Otago gold district for a combined land package of 400 square kilometres. The company's Smylers, Hyde and Glenpark EPs are located adjacent to Oceanagold's Macraes gold mine and the Carrick EP hosts the historic Carrick goldfield, which holds promise as a significant gold deposit near Santana Minerals' Bendigo-Ophir gold project. The company also has a net smelter return (NSR) royalty on three additional permits (Garibaldi, Raggedy Range and Rough Ridge South) totalling 340 square kilometres. KO Gold has spent over $3-million in exploration and drilling on its permits in the Otago gold district over the past five years, including RC (reverse circulation) and diamond drilling on its Smylers EP.
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