02:10 PM EST, 11/14/2025 (MT Newswires) -- Cosa Resources ( COSAF ) on Friday upsized a commercially reasonable efforts private-placement offering to $7.5 million, up from its prior $5-million target.

The offering now consists of the issuance of up to 11.5-million hard dollar units at $0.26 apiece, up to 7.5-million charity flow-through units at $0.398 per Charity FT unit, and up to 5-million flow-through common shares (FT shares) at $0.30 per FT share.

Each unit will consist of one common share and one-half of a warrant and each Charity FT unit will consist of one FT share plus one half of a warrant. Each warrant will entitle the holder to buy a share for $0.37 for two years.

Proceeds from the sale of units will be used to fund exploration and for additional working capital needs and proceeds from the sale of Charity FT units and FT shares will be used to incur eligible "Canadian exploration expenses" that qualify as "flow-through critical mineral mining expenditures".

Shares of the company were last seen down $0.01 at $0.28 on the TSX Venture Exchange.

Price: 0.28, Change: -0.01, Percent Change: -3.45