Kobo Resources Announces Stock Option Grants
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PRESS RELEASE FEBRUARY 28, 2025
Kobo Resources Announces Stock Option Grants
QUEBEC CITY, QC – Kobo Resources Inc. ("Kobo” or the "Company") (TSX.V: KRI) announces that it
has granted 1,550,000 options (the “Options”) to purchase common shares of the Company to certain
directors, officers and employees of the Company pursuant to Kobo’s stock option plan (the “Stock Option
Plan”). Such Options are exercisable into common shares of the Company at an exercise price of $0.35
per common share for a period of [10] years from the date of grant as per the Company’s Stock Option
Plan. These Options will vest in equal tranches of twenty-five per cent (25%) every 3 months following their
grant date.
About Kobo Resources Inc.
Kobo Resources is a growth-focused gold exploration company with a compelling new gold discovery in Côte d'Ivoire,
one of West Africa’s most prolific and developing gold districts, hosting several multi-million-ounce gold mines. The
Company’s 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of
Yamoussoukro and is directly adjacent to one of the region’s largest gold mines with established processing facilities.
Kobo’s common shares trade on the TSX Venture Exchange under the symbol "KRI”. For more information, please
visit www.koboresources.com.
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For further information, please contact:
Edward Gosselin
Chief Executive Officer and Director
1-418-609-3587
X: @KoboResources | LinkedIn: Kobo Resources Inc.
NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Cautionary Statement on Forward-looking Information:
This news release may contain “forward-looking information” and “forward-looking statements” (collectively, “forward-
looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than
statements of historical fact, are forward-looking statements. Any statement that involves discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but
not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”,
“plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases
or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be
achieved) are not statements of historical fact and may be forward-looking statements, including statements related to
the expected timing of commencement and completion of our diamond drill program and the results of the drill program.
Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered
reasonable as at the date of this news release, are subject to known and unknown risks, uncertainties, and other factors
which may cause the actual results and future events to differ materially from those expressed or implied by such
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forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive,
political and social uncertainties; the inherent risks involved win the exploration and development of mineral properties;
unanticipated costs and expenses; the delay or failure to receive board, shareholder or regulatory approvals; and other
risk factors listed from time to time in our documents filed with Canadian securities regulators on SEDAR+ at
www.sedarplus.ca. There can be no assurance that such statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements. Accordingly, readers should not place
undue reliance on the forward-looking statements and information contained in this news release. Except as required
by law, Kobo assumes no obligation and/or liability to update the forward-looking statements of beliefs, opinions,
projections, or other factors, should they change, except as required by law.