KO Gold Announces Increase to Non-Brokered Private Placement
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KO Gold Announces Increase to Non-Brokered Private Placement
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR
DISSEMINATION IN THE UNITED STATES
Toronto, Ontario – January 12, 2026 – KO Gold Inc. (CSE:KOG) ("KO Gold" or the "Company") is
pleased to announce that, further to its news release dated December 15, 2025, it has increased the size of its
previously announced non-brokered private placement (the “Private Placement”) due to strong investor demand.
The Private Placement was previously comprised of up to 12,000,000 units (the “Units”) at a price of $0.15 per
Unit. The Company has increased the maximum number of Units issuable at a price of $0.15 per Unit to up to
14,914,866 Units, for aggregate gross proceeds of up to $2,237,230.
Each such Unit will consist of one common share of the Company (each, a “Share”) and one transferable
common share purchase warrant (each, a “Warrant”), with each Warrant entitling the holder to acquire one
additional Share at an exercise price of C$0.25 for a period of three (3) years from the date of issuance.
The Company expects to complete a first closing of the Private Placement on January 14, 2026, for aggregate
gross proceeds of $1,980,475.35, representing the issuance of 13,203,169 Units (the “Initial Tranche”).
In addition, the Company expects to complete a further closing of the Private Placement (the “Second Tranche”)
for aggregate gross proceeds of approximately up to $458,555, consisting of the issuance of:
(a) up to 1,711,697 Units at a price of $0.15 per Unit; and
(b) up to 1,034,872 Units at a price of $0.195 per Unit.
Each Unit issued at a price of $0.15 per Unit will consist of one Share and one Warrant, with each such Warrant
entitling the holder to acquire one additional Share at an exercise price of C$0.25 for a period of three (3) years
from the date of issuance.
Each Unit issued at a price of $0.195 per Unit will consist of one Share and one Warrant, with each such Warrant
entitling the holder to acquire one additional Share at an exercise price of C$0.26 for a period of three (3) years
from the date of issuance.
All securities to be issued in connection with the Initial Tranche will be subject to a statutory hold period expiring
on May 15, 2026, in accordance with applicable Canadian securities laws.
Completion of the Second Tranche of the Private Placement is subject to shareholder approval pursuant to the
policies of the Canadian Securities Exchange, as the issuance of securities under the Private Placement would
result in the issuance of securities in excess of 100% of the Company’s issued and outstanding common shares
on a fully diluted basis.
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The Company intends to obtain the required shareholder approval by written consent of shareholders holding a
majority of the outstanding common shares of the Company, as permitted under the policies of the Canadian
Securities Exchange.
Upon receipt of such shareholder approval and all required regulatory approvals, the Company expects to close
the Second Tranche of the Private Placement. The Private Placement is for aggregate gross proceeds of up to
approximately $2,439,030, assuming completion of all tranches.
The Company intends to use the net proceeds from the Private Placement for general working capital purposes
and to fund ongoing exploration and drilling programs in the Otago Gold District, New Zealand.
In connection with the Initial Tranche, the Company expects to pay finder’s fees of $28,735 in cash and expects
to issue 191,567 finder’s warrants (the “Finder’s Warrants”) to certain qualified parties upon closing. Each
Finder’s Warrant will be exercisable to acquire one common share at an exercise price of C$0.25 for a period of
three (3) years from the date of issuance, being on the same terms as the warrants issued in connection with the
Initial Tranche of the Private Placement.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United
States. The securities have not been and will not be registered under the United States Securities Act of 1933, as
amended (the “U.S. Securities Act”), or any applicable state securities laws, and may not be offered or sold within
the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities
laws, or an exemption from such registration is available.
About KO Gold Inc.
KO Gold is a Canadian junior exploration company listed on the CSE 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% -owned prospecting and exploration permits within the
Otago Gold District for a combined land package of 400 km 2 (including the Carrick Range exploration
permit application) . 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 an NSR on three additional permits, Garibaldi, Raggedy Range, and Rough Ridge South totaling
243km2. KO Gold has spent over C$3M in exploration and drilling on its permits in the Otago Gold
District over the past five years including RC and diamond drilling on its Smylers EP.
For further information, please contact:
Greg Isenor, President and CEO, Director
Tel: (902) 832-5555
Email: [email protected]
Website: www.kogoldnz.com
KO Gold Inc.
Suite 802 – Sun Tower, 1550 Bedford Highway
Bedford, Nova Scotia
B4A 1E6 Canada
The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its
Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the
adequacy or accuracy of this news release.
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Forward-Looking Information
This news release contains certain forward-looking statements within the meaning of applicable Canadian
securities laws. Forward- looking statements are frequently characterized by words such as “plan,”
“expect,” “intend,” “anticipate,” “propose,” “estimate ,” “may,” “will,” “would,” “potential,” or
variations of such words and phrases, or statements that certain actions, events or results “may,”
“could,” or “will” occur.
Forward-looking statements in this news release include, but are not limited to, statements regarding: the
completion of the balance of the Private Placement; the receipt of shareholder approval by written consent
and other required regulatory approvals; t he anticipated timing of such approvals and any additional
closings; the intended use of proceeds of the Private Placement; and the payment of finder’s fees and
issuance of finder’s warrants, if any.
Forward-looking statements are based on the reasonable assumptions, estimates and opinions of
management as of the date of this news release and are subject to a number of known and unknown risks,
uncertainties and other factors that may cause actual resul ts or events to differ materially from those
expressed or implied by such forward-looking statements. These risks and uncertainties include, without
limitation: the risk that shareholder approval may not be obtained or may be delayed; the risk that
required regulatory or exchange approvals may not be obtained on a timely basis or at all; changes in
market conditions; the Company’s ability to complete the Private Placement on the terms announced or
at all; and the risk that the proceeds of the Private Placement may not be used as currently anticipated.
Although the Company believes that the assumptions and expectations reflected in such forward- looking
statements are reasonable, there can be no assurance that such statements will prove to be accurate, and
actual results may differ materially from those a nticipated. Readers are cautioned not to place undue
reliance on forward- looking statements. The Company expressly disclaims any obligation to update or
revise any forward-looking statements, whether as a result of new information, future events or otherwise,
except as required by applicable law.