Cosa Resources Corp is a Canadian uranium exploration company with operations in northern Saskatchewan. The company holds an extensive portfolio of over 180,000 ha across multiple projects in the Athabasca Basin region, many of which are underexplored and strategically located within established uranium corridors.
The company's management team has a strong track record of success in Saskatchewan, with members being awarded the AME Colin Spence Award in 2022 for their previous involvement in discovering IsoEnergy’s Hurricane deposit. Prior to this, the team played integral roles in the discovery of Denison Mines’ Gryphon deposit and 92 Energy's Gemini Zone, while also contributing to the foundation of NexGen and IsoEnergy.
Through 2024, Cosa Resources Corp is primarily focused on initiating drilling at their Ursa Project, which spans over a 60-kilometer strike length of the Cable Bay Shear Zone. Modern geophysics completed in 2023 identified multiple high-priority target areas characterized by conductive basement stratigraphy beneath or adjacent to broad zones of inferred sandstone alteration – a setting typical of most eastern Athabasca uranium deposits.
The company received a recent $5.00M Post-IPO Equity investment on 12 February 2024. Although the specific investors were not disclosed, this injection of funds positions Cosa Resources Corp to advance its exploration efforts and potentially make significant strides in the uranium industry.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Post-IPO Equity | $5.00M | - | 12 Feb 2024 | |
| Post-IPO Equity | $5.56M | - | 21 Jun 2023 |
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