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Cosa Resources ups private placement to raise C$12M for uranium exploration in Athabasca Basin.

Company Fundamentals
04 Jun 2026
Newsfile Corp
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Bullish
pluang ai news

Cosa Resources has increased its private placement offering to raise approximately C$12 million through the sale of various shares, including flow-through shares, to fund uranium exploration and development in Saskatchewan's Athabasca Basin. Denison Mines, Cosa's largest shareholder, will participate in the offering, supporting Cosa's drilling projects at Murphy Lake North and Darby. The funds will be used for exploration expenses and working capital, with tax benefits for investors through flow-through shares. The offering is expected to close around June 24, 2026, pending regulatory approvals.

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