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Kobrea Exploration raises $8.5M to fund mining projects in Argentina and Canada, pending approval.
Kobrea Exploration Corp. (CSE: KBX) plans to close an $8.5 million private placement on October 3, 2025, combining a $3.88 million brokered offering and a $4.62 million non-brokered offering, with units priced at $0.50 each.
Proceeds will fund mineral exploration, primarily targeting base metal projects in southwestern Mendoza Province, Argentina, and the Upland Copper Project in British Columbia.
The closing is subject to regulatory approval.
The company cautions that forward-looking statements involve risks, and securities issued are not registered for sale in the U.S. without exemption.
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Kobrea Exploration recauda $8.5M para financiar proyectos mineros en Argentina y Canadá, en espera de aprobación.