Uranium Thrusts The World’s Highest-Grade Region Into The Spotlight As It Enters a Bull Market

Disseminated on behalf of Cosa Resources Corp.

The uranium bull market is officially in full effect.

Uranium prices are up over 3X over the past 3 years and have jumped over 80% in the last 12 months to highs not seen in 15 years.¹

image12 4 Uranium Thrusts The World’s Highest-Grade Region Into The Spotlight As It Enters a Bull Market
Source: tradingeconomics.com (May 7, 2024)

Just one of the long-term drivers behind the boom is what The Financial Times calls the “global renaissance in nuclear power“.²

Uranium demand is surging from nations ramping up nuclear power capacity to meet zero-carbon targets. That even includes longtime nuclear opponents that have recently flipped to being pro-nuclear power, like Finland…which sparked Spain, Belgium, Sweden, and others to follow.³

Demand for uranium from nuclear reactors is now projected to grow by 28% by 2030 and nearly double by 2040⁴ when global nuclear capacity jumps by 76%.⁵

But then there are supply issues.

Uranium’s 10-year bear market resulted in under investment in mining projects, with global uranium production dropping by 25% from 2016 to 2020.⁶

And since the invasion of Ukraine, countries are dumping Russia as their uranium supplier and turning to politically stable regions for supply. That includes Ukraine. They signed a 12-year supply deal in early 2023 with the world’s largest uranium producer, Canada’s Cameco Corporation (Market Cap: $17.72B). ⁷

The Cameco deal is great news for surrounding companies in Canada’s world-class Athabasca Basin uranium jurisdiction, especially junior miners with lots of upside potential, like Cosa Resources Corp. (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU)…more on that in a moment.

Breaking News

Cosa Enters into Agreement to Acquire the Titan Uranium Project, Athabasca Basin, Saskatchewan

Supplies are also getting squeezed from strategic stockpiling. In particular, Sprott Physical Uranium Trust is on a buying spree that has more than doubled their uranium holdings in the last 2 years⁸ and shows no sign of slowing.

There are still more reasons uranium prices are expected to keep climbing:

- - Nuclear power is looking even more attractive due to rising natural gas prices (24% YoY increase expected for 2024). ⁹
  - The world’s 2 largest uranium producers – Cameco and Kazatomprom – are currently sold out until 2027. ¹⁰
  - Cameco recently announced 2.7 million pounds of cuts to uranium production for 2023. ¹¹

When you add it all up, uranium miners and explorers have the most to gain, especially when their stock price has a lot of room for growth, like Cosa Resources Corp. (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU).

Proven Discoverers in a Proven Region

Cosa Resources Corp. (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU), which just began trading on the OTCQB Market this August¹² and on the TSX Venture Exchange in October,¹³ has an exceptional backstory.

Their team has an almost unmatched track record of major discoveries in Canada’s prolific Athabasca Basin over the past 15 years, at both the technical and corporate level.

That includes extensive involvement with the likes of IsoEnergy (Market Cap: US$301.31M), Denison Mines (Market Cap: US$1.40B), and NexGen Energy (Market Cap: US$2.97B).

image7 e1699972748411 Uranium Thrusts The World’s Highest-Grade Region Into The Spotlight As It Enters a Bull Market

image6 1 Uranium Thrusts The World’s Highest-Grade Region Into The Spotlight As It Enters a Bull Market

image10 1 Uranium Thrusts The World’s Highest-Grade Region Into The Spotlight As It Enters a Bull Market

Cosa’s Chairman, Steve Blower, was VP Exploration of IsoEnergy when they discovered their Hurricane Deposit in 2018 (Indicated Mineral Resources: 48.61M lbs uranium at a blistering grade of 34.5% U3O8).¹⁴ Then in 2021 he helped 92 Energy discover their GMZ zone.¹⁵ Before that, was at Denison Mines for the discovery of the Gryphon deposit.

Now he’s looking to make the next big uranium discovery, so he’s reassembled former IsoEnergy all-stars to create the team at Cosa Resources (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU).

That includes Keith Bodnarchuk as President & CEO. During his time at IsoEnergy managing corporate development, their stock rose from ~$0.30 to $6.00.

Andy Carmichael, VP of Exploration, meanwhile, was VP of Exploration at IsoEnergy when they announced their initial resource in 2022, with the highest grade indicated resource in the history of the Athabasca Basin at 34.5% U3O8..

Now that team has assembled Cosa Resources’ (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) massive land package (>200,000 hectares; >494,368 acres), offering a steady pipeline of high-upside projects that are 100% owned. Better yet, they’re right in the heart of the Athabasca Basin and Saskatchewan’s nearly $1-billion-a-year uranium industry that made Canada the world’s second-largest producer in 2022.¹⁶

This is a team that’s raised over $700 million in capital since 2017, including Cosa Resources’ (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) C$6.5 million bought deal private placement in February 2024 that was largely taken down by uranium funds.¹⁷ That means the Company is easily funded for their upcoming winter drill program and through 2024.

Their timing couldn’t be better. With uranium at the beginning of a long-term bull market, Cosa Resources (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) is a fresh new uranium exploration story led by a team of pros with a proven ability to find uranium, and that know how to generate significant value for shareholders.

Press Releases

9 Reasons

Cosa Resources Could be the Next Breakout Uranium Stock

Encouraging Results and Upcoming Work: Initial drilling in winter 2024 generated follow up drill targets and identified a large zone of structure and hydrothermal alteration. Follow up work starts as early as May.

Track Record of Discovery: Technical and corporate contributions by Steve Blower, Keith Bodnarchuk and Andy Carmichael, all formerly with IsoEnergy, toward major Athabasca Basin discoveries

Premium Land Package: Pipeline of 100% owned high-upside projects in Athabasca Basin near industry leaders like Cameco (TSX: CCO | Market Cap: $17.72B)

Under-Explored Holdings: Past work has only explored a fraction of their massive land portfolio while modern technologies offer a new lens on exploration

Strategic Relationships: Access to capital due to past industry successes and raising over $700 million through the Inventa group since 2017

Fully Funded: ~C$6.5 million raised in February is more than enough into 2025

Reassuring Ownership: High ownership by management and advisors (~24%) and funds and strategic investors (~21%) is a major vote of confidence for investors to note

Hot Market Outlook: Uranium prices are expected to continue climbing due to long-term zero-carbon goals driving surging demand and supply being squeezed for the foreseeable future, which has been further exacerbated by the US bill banning the import of Russian uranium

Significant Upside Potential: Low stock price has room to increase through uranium discovery success and further land acquisitions

Long-Term Uranium Demand & Squeeze

Nuclear energy already generates 10% of the world’s electricity.¹⁸ But net-zero goals and the global nuclear renaissance are expanding the nuclear sector further than ever.

Current global investment in nuclear power includes both extending lifetimes of existing plants and building new reactors and Small Modular Reactors (SMRs) that are easier and cheaper to build. In turn, demand for uranium in nuclear reactors is expected to nearly double by 2040.¹⁹

Add to that the supply squeeze caused by physical investment. Sprott Physical Uranium Trust (TSX: U.UN) (OTC: SRUUF) is the world’s largest publicly-listed physical uranium fund. They’ve more than doubled their uranium holdings in the last 2 years to reach 62.6 million pounds²⁰ with a Total Net Asset Value of $5.119 billion.²¹

There are also new physical uranium funds being launched, including Zuri-Invest’s Physical Uranium AMC²² and Yellow Cake PLC, which held 18.8 million lb of physical U3O8 as of March 2023.²³

totalPounds Uranium Thrusts The World’s Highest-Grade Region Into The Spotlight As It Enters a Bull Market

But don’t expect Sprott to slow down any time soon. Their CEO, John Ciampaglia, thinks this uranium bull market will last several more years.²⁴

Canada’s & Cosa’s Answer to Growing Demand & Supply Constraints

Canada’s response is Saskatchewan, where all of the nation’s uranium is produced. ²⁵

It’s also home to the Athabasca Basin, the world’s most prolific area for uranium exploration, with the world’s highest-grade deposits.

The basin includes the world’s 2 highest-grade uranium mines, both operated by Cameco (TSX: CCO):

- - McArthur River – the world’s largest high-grade uranium deposit²⁶: Produced 535M lbs uranium to date; Proven and Probable Reserves of 275M lbs U3O8 (Cameco’s share)²⁷
  - Cigar Lake Mine: Produced 105M lbs uranium to date; Proven and Probable Reserves of 84.4M lbs U3O8 (Cameco’s share)²⁸

The Athabasca Basin is also where Cosa Resources’ (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) land portfolio is located.

When you combine their ideally-located land portfolio, proven team and lower share price, it’s understandable how Cosa Resources’ (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) stock has outperformed year-to-date compared to their neighbors in the Athabasca Basin despite them all having the advantage of established Resource Estimates:

- - Cosa Resources: up 82%
  - Cameco: up 67%
  - Uranium Energy Corp: up 51%
  - NexGen Energy: up 41%
  - Denison Mines: up 36%
  - IsoEnergy: up 29%

It makes you wonder what Cosa Resources’ (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) stock will do when they begin work following up exciting results from a recently completed winter drill program.

1 10 Uranium Thrusts The World’s Highest-Grade Region Into The Spotlight As It Enters a Bull Market

The Next Logical Trend in the Athabasca Basin

The map below shows how Cosa Resources (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) has locked up 100% ownership of many well-located uranium exploration properties in the prolific Athabasca Basin region totaling over 200,000 hectares (>494,368 acres).

image11 2 Uranium Thrusts The World’s Highest-Grade Region Into The Spotlight As It Enters a Bull Market

The map also shows the pattern of the region’s high-grade uranium discoveries: the long northeast-trending uranium corridors down the eastern side of the basin.

The eastern side contains all the current producing mines, including Cigar Lake and MacArthur River, and a tremendous amount of infrastructure and access. But it’s also extensively explored, making it less likely for anyone to discover the next elephant-sized deposit.

That’s why Cosa Resources (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) strategically acquired projects in the next logical place to go: the Cable Bay Shear Zone (as seen in the map below).

image17 2 Uranium Thrusts The World’s Highest-Grade Region Into The Spotlight As It Enters a Bull Market

Cosa’s team of experts views the Cable Bay Shear Zone as potentially the last great northeastern trend in the basin without a significant discovery. It’s also the most underexplored, with only 15 historical holes drilled on Cosa’s Ursa project due to the limited budgets of past explorers. But some of those holes intersected uranium with some structure, which is a sign that it’s a fertile trend, considering its size.

Cosa Resources completed an initial drill program in March of 2024 and intersected extremely encouraging results, successfully identifying a large zone of alteration in the sandstone – a feature that is common at all unconformity deposits in the Athabasca Basin.³⁴

In short, it’s a highly prospective and significantly underexplored analogue to past and currently producing uranium corridors in the eastern Athabasca Basin, and Cosa has already managed to find something worth chasing by using modern geophysics and an updating drilling strategy.

Cosa Resources (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) gained control over 60 km (37 miles) of the Cable Bay Shear Zone by piecing together their flagship Ursa Project. Ursa is 45 km (28 miles) west of the McArthur River uranium mine and covers an area roughly the equivalent of Cigar Lake down to McArthur River.

image2 3 Uranium Thrusts The World’s Highest-Grade Region Into The Spotlight As It Enters a Bull Market

Cosa Resources (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) completed multiple rounds of geophysics leading up to the inaugural drill program at Ursa in March 2024. Drilling is considered a major success by the company, who proved that their targeting strategy had merit by intersecting an encouraging alteration in only the third hole completed by the company.

Seismic surveying will be deployed to cover an area over 27-kilometers long to assist Cosa’s Geologists in identifying large alteration zones related to the recent winter results. Large anomalies, like those that might reflect a deposit similar in size to Cigar Lake or McArthur River, will likely be chased with the drill bit as soon as possible during the expanded summer drill program.

At the same time, the Company is also advancing its Orion Project, which they believe to be a continuation of the Larocque trend (home to the Hurricane deposit) extending down from the northeast (as seen in the map below).

imafe123 Uranium Thrusts The World’s Highest-Grade Region Into The Spotlight As It Enters a Bull Market

Orion is 45 km (28 miles) from McArthur River and 29 km (18 miles) from Cigar Lake uranium mine. It also covers an interpreted extension of the uranium corridor where IsoEnergy discovered their high-grade Hurricane Deposit in 2018 (Indicated Mineral Resources of 48.61M lbs uranium).³⁵

As with their Ursa Project, Cosa Resources (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) completed airborne geophysics (MobileMT) on Orion and has identified a very exciting target area.

Cosa Resources will be completing a cutting-edge seismic survey at both Ursa and Orion this coming summer. Ambient Noise Tomography (ANT) is new to the Athabasca Basin but has seen great success at identifying structure and hydrothermal alteration at depth.

At Ursa, the survey will cover over 27-km of strike that is focused in the same area where Cosa intersected highly encouraging alteration.

At Orion, the ANT survey will cover a sandstone conductivity anomaly that is over a kilometer long and several hundred meters in width and height. This anomaly rests on top of complex basement, a necessary ingredient in producing uranium-deposit worthy structures, and is a very exciting near-term catalyst for the Cosa Resources exploration team.

Pipeline of Value-Adding Projects

During their time at IsoEnergy, the Cosa Resources (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) team noted that the Hurricane discovery didn’t come from one of IsoEnergy’s first few projects.

That’s why today, the team is keeping a pipeline of exploration projects for Cosa while systematically gaining control of the land around their top projects.

In addition to their Eclipse and Polaris projects, the Company’s other 100% owned projects include:

- - Astro: Continuation of many of the trends associated with Ursa.
  - Aurora: Only 16 kilometres from the Key Lake Mine and has not seen any exploration since 1981.
  - Helios: A long trend of the Wares uranium occurrence and contains a portion of the large scale Grease River Shear Zone.
  - Orbit: Represents a long trend of structure and alteration that are key components of a uranium deposit.

That means Cosa Resources (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) has a number of exciting Projects , each with the potential to deliver the Athabasca Basin’s next big uranium discovery.

Advanced Technology & Upcoming Exploration Plans

The historical holes drilled on Cosa Resources’ (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) Ursa property were sunk before today’s modern geophysics technologies were available. As a result, almost all of those holes missed their intended conductive targets.

To avoid repeating that mistake, the Company leveraged airborne MobileMT electromagnetic (EM) technology over its Ursa and Orion projects to take advantage of its deep earth imaging capabilities.³⁶

With MobileMT, Cosa Resources (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) can see deeper anomalies that indirectly point to target areas for uranium deposits similar to Cigar Lake, MacArthur River or Hurricane, as well as sandstone hosted anomalies which may be related to hydrothermal alteration systems.

To follow up this work, the company completed ground-based geophysics ahead of a winter drill program in March 2024. On April 24th,the Company announced they had successfully completed the drill program at Ursa, and produced a compelling follow up target within only the first three holes on the Project.³⁷

Plans to advance their other projects in 2024 include ANT (Seismic) surveying at Ursa and Orion to follow up on drilling results and generate additional drill targets. As well, they’ll be completing airborne gravity and VTEM surveys at the Orbit and Aurora projects to further expand an exciting pipeline of high-potential drill targets across Cosa’s uranium exploration portfolio.

Robust Capital Structure with Substantial Insider and Strategic Investor Ownership

Cosa Resources (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) is well capitalized (C$8.1M in cash) and has a very tight share structure.

shareimageapril24 Uranium Thrusts The World’s Highest-Grade Region Into The Spotlight As It Enters a Bull Market

Source: Cosa Resources investor presentation

It also offers assurance to investors in the form of management and advisors having significant skin in the game (~23% of ownership) and funds and strategic investors recognizing the value and potential of the Company’s team and projects (~31% of ownership).

PiechartImage Uranium Thrusts The World’s Highest-Grade Region Into The Spotlight As It Enters a Bull Market

Source: Cosa Resources investor presentation

Track Record of Value Creation

As we’ve already seen, Cosa Resources’ (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) leadership team has made significant technical and corporate contributions toward building successful mining companies and making major uranium discoveries in the Athabasca Basin.

Here’s more about the achievements of the team’s top members.

Craig ParryAdvisor

20+ years in resources sector
Co-founder and former President, CEO and Director of IsoEnergy
Co-recipient of AME 2022 Colin Spence Award for excellence in global mineral exploration for role in the Hurricane uranium discovery
Co-founder and founding director of NexGen Energy
Co-founder and Partner of private natural resource investment company Inventa Capital
Chairman of Vizsla Silver and Skeena Resources
General Partner and former senior advisor of EMR Capital
Led international exploration programs for Rio Tinto (iron ore, copper, diamonds, coal, bauxite)
Principal Geologist for Kintyre Uranium project’s pre-feasibility study

Keith BodnarchukPresident & CEO, Director

Professional Geoscientist
15+ years in exploration, mining and capital markets
Spearheaded strategy and corporate development for IsoEnergy
Current VP of Corporate Development at Inventa Capital
Advisor to Archer Exploration
Former Project Geologist at Denison Mines

Steve BlowerChairman

Geologist with 30+ years in minerals industry, including mine geology, resource estimation and exploration
Former President and CEO of Pitchstone Exploration Ltd.
Former VP Exploration for Denison Mines
Former VP Exploration for IsoEnergy
Co-recipient of AME 2022 Colin Spence Award for excellence in global mineral exploration for role in the Hurricane uranium discovery
Consultant/Director of 92 Energy
Involved in 3 uranium discoveries in the Athabasca Basin

Justin RodkoCorporate Development Manager

Professional Geoscientist
Over a decade of uranium exploration experience in Saskatchewan and Nunavut
Original member of the IsoEnergy exploration team, most recently as Senior Geologist
Co-recipient of AME 2022 Colin Spence Award for excellence in global mineral exploration for role in the Hurricane uranium discovery

Andy CarmichaelVice President of Exploration

Professional Geoscientist with 19+ years in mineral exploration
17+ years focused on exploring for uranium deposits in the Athabasca Basin, Hornby Bay Basin, Colorado Plateau and Namibia
Former VP of Exploration at IsoEnergy
Co-recipient of AME 2022 Colin Spence Award for excellence in global mineral exploration for role in the Hurricane uranium discovery
Previously worked at Triple R, Phoenix, Gryphon, and J-Zone deposits

9 Reasons

Cosa Resources Could be the Next Breakout Uranium Stock

Encouraging Drilling Outcomes: Winter 2024 drilling revealed promising targets and extensive hydrothermal alterations, with follow-up work beginning in May.

Experienced Team: Key discoveries in the Athabasca Basin were made by team members Steve Blower, Keith Bodnarchuk, and Andy Carmichael.

Strategic Land Holdings: Operates high-potential projects near industry leader Cameco (TSX: CCO) in the Athabasca Basin.

Untapped Potential: The vast, under-explored land portfolio offers new prospects with advanced exploration technologies.

Strong Financial Backing: Established relationships have facilitated over $700 million raised through the Inventa group since 2017.

Financial Stability: Approximately C$6.5 million raised in February, funding operations through 2025.

Confident Ownership: Management and advisors hold about 24%, with funds and strategic investors holding 21%, reflecting strong confidence.

Uranium Market Prospects: Expected uranium price rise due to long-term demand for zero-carbon energy and reduced supply, exacerbated by US bans on Russian imports.

Growth Opportunities: Low stock price with potential for significant gains through discovery success and further acquisitions.

With the new uranium bull market just getting started, it’s an exciting time for Cosa Resources Corp. (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) and its shareholders. Keep a close eye on the Company’s stock as the market starts to learn more about this relatively new story with its best-in-class team, ideally located land package, and upcoming exploration results.

To stay on top of Cosa Resources’ (TSXV:COSA) (OTCQB:COSAF) (FRA:SSKU) upcoming news and updates, subscribe here.

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footnotes:
[1] https://tradingeconomics.com/commodity/uranium [2] https://www.ft.com/content/2a386325-8333-4fb5-ab3f-ab10bbeea6ee [3] https://www.privateplacements.com/investing-news/why-uranium-is-surgingand-whats-next/ [4] https://www.reuters.com/business/energy/demand-uranium-reactors-seen-jumping-28-by-2030-report-2023-09-07/ [5] https://www.reuters.com/business/energy/demand-uranium-reactors-seen-jumping-28-by-2030-report-2023-09-07/ [6] https://www.reuters.com/business/energy/demand-uranium-reactors-seen-jumping-28-by-2030-report-2023-09-07/ [7] https://www.reuters.com/world/ukraines-nuclear-deal-with-canadas-cameco-carries-big-risks-rewards-2023-05-05/ [8] https://finance.yahoo.com/news/sprotts-buying-spree-catalyst-uraniums-163000477.html [9] https://capex.com/en/overview/natural-gas-price-prediction [10] https://www.privateplacements.com/investing-news/why-uranium-is-surgingand-whats-next/ [11] https://resourceworld.com/cameco-cuts-saskatchewan-uranium-production-targets/ [12] https://www.theglobeandmail.com/investing/markets/stocks/COSA-CN/pressreleases/19750195/ [13] https://finance.yahoo.com/news/cosa-resources-commence-trading-tsx-123000386.html [14] https://canadiangeographic.ca/content/cnw-newswire/?rkey=20231024C7022&filter=11169 [15] https://www.92energy.com/ [16] https://www.saskatchewan.ca/government/news-and-media/2023/june/13/saskatchewan-second-largest-global-producer-of-uranium [17] https://investingnews.com/cosa-resources-closes-c-5-5-million-private-placement/ [18] https://www.iea.org/energy-system/electricity/nuclear-power [19] https://www.reuters.com/business/energy/demand-uranium-reactors-seen-jumping-28-by-2030-report-2023-09-07/ [20] https://finance.yahoo.com/news/sprotts-buying-spree-catalyst-uraniums-163000477.html [21] https://sprott.com/investment-strategies/physical-commodity-funds/uranium/ [22] https://zuri-invest.ch/en/news/physical-uranium-AMC-launched [23] https://www.yellowcakeplc.com/about/ [24] https://finance.yahoo.com/news/sprotts-buying-spree-catalyst-uraniums-163000477.html [25] https://www.saskatchewan.ca/government/news-and-media/2023/june/13/saskatchewan-second-largest-global-producer-of-uranium [26] http://www.iaea.org/inis/collection/NCLCollectionStore/_Public/33/032/33032922.pdf [27] https://www.cameco.com/businesses/uranium-operations/canada/mcarthur-river-key-lake [28] https://www.cameco.com/businesses/uranium-operations/canada/cigar-lake [29] https://www.cameco.com/invest/overview/reserves-resources/measured-indicated [30] https://www.nexgenenergy.ca/rook-1-project/ [31] https://www.newswire.ca/news-releases/isoenergy-and-consolidated-uranium-announce-merger-to-create-a-leading-diversified-uranium-company-focused-on-the-world-s-top-uranium-jurisdictions-838349343.html [32] https://www.newswire.ca/news-releases/uranium-energy-corp-files-s-k-1300-technical-report-summary-for-its-world-class-roughrider-project-in-saskatchewan-canada-815844599.html [33] https://denisonmines.com/site/assets/files/6383/2022-mineral-reserves-and-mineral-resources.pdf [34] https://cosaresources.ca/news-releases/cosa-resources-announces-completion-of-inaugural-diamond-drilling-program-at-the-100-owned-ursa-uranium-project-in-the/ [35] https://canadiangeographic.ca/content/cnw-newswire/?rkey=20231024C7022&filter=11169 [36] https://www.expertgeophysics.com/wp-content/uploads/2020/01/EGL-MobileMT_19-08.pdf [37] https://cosaresources.ca/news-releases/cosa-resources-announces-completion-of-inaugural-diamond-drilling-program-at-the-100-owned-ursa-uranium-project-in-the/

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6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding Cosa Resources Corp.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Cosa Resources Corp.’s industry; (b) market opportunity; (c) Cosa Resources Corp.’s business plans and strategies; (d) services that Cosa Resources Corp. intends to offer; (e) Cosa Resources Corp.’s milestone projections and targets; (f) Cosa Resources Corp.’s expectations regarding receipt of approval for regulatory applications; (g) Cosa Resources Corp.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Cosa Resources Corp.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Cosa Resources Corp.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Cosa Resources Corp.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Cosa Resources Corp.’s ability to enter into contractual arrangements with additional parties; (e) the accuracy of budgeted costs and expenditures; (f) Cosa Resources Corp.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Cosa Resources Corp. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Cosa Resources Corp.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Cosa Resources Corp.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Cosa Resources Corp.’s business operations (e) Cosa Resources Corp. may be unable to implement its growth strategy; and (f) increased competition.

Except as required by law, Cosa Resources Corp. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Cosa Resources Corp. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Cosa Resources Corp. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document.

7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Cosa Resources Corp. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Cosa Resources Corp. or such entities and are not necessarily indicative of future performance of Cosa Resources Corp. or such entities.

8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation.

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