Cosa Resources Corp. announce it has entered into an asset purchase agreement dated December 1, 2023 for the acquisition of the Aurora Project in the Athabasca Basin, Saskatchewan. Over 16,800 hectares added to Cosa's 100% owned exploration portfolio with no encumbrances. Aurora covers 17 kilometres of the southeastern rim of the Athabasca Basin between Key Lake and the GMZ uranium discovery. The Property comprises seven contiguous claims totaling 16,896 hectares which cover 17 kilometres of the Athabasca Basin's southeastern rim. The Property is located 16 kilometres east of the Key Lake Mill and former Key Lake Mine. Between 1983 and 2002 the Key Lake Mine produced 209.8 million pounds of U3O8 at an average grade of 2.3% U3O8. The Key Lake Mill is one of three licensed uranium mills in Saskatchewan and currently processes ore from the McArthur River Mine. Aurora is 40 kilometres southwest of the recently discovered GMZ uranium zone. Access and infrastructure at Aurora are excellent as an existing network of winter roads and the Provincial powerline supplying Key Lake and McArthur River extend through the western portion of the Property. Aurora covers a prominent, complex zone of low magnetic susceptibility with its northern edge generally coincident with the current edge of the Athabasca Basin. In the portion of the Property within the Athabasca Basin the thickness of sandstone is expected be less than 100 metres, while less than 150 metres of basement is interpreted to have been eroded from the portion without sandstone. East- northeast trending magnetic lineaments parallel to the Key Lake trend are evident within the Property. Aurora is underexplored. Modern, property-wide airborne electromagnetic (EM) and gravity surveys have not been completed, and groundwork since 1989 is limited to boulder sampling, soil sampling, and prospecting. Sparse drilling, most recently completed in 1979, is restricted to the sandstone-covered northern third of the Property. Pursuant to the Purchase Agreement, Cosa has agreed to acquire a 100% unencumbered ownership of all seven mineral claims comprising Aurora from an arm's length third party vendor (the "Vendor") in exchange for $20,000 in cash and the issuance of 150,000 common shares of the Company (the "Consideration Shares"). The Consideration Shares will be subject to a four-month hold period pursuant to applicable Canadian securities laws. In addition, the Vendor has agreed to voluntary resale
restrictions whereby 50% of the Consideration Shares will become free trading six months after closing of the Acquisition.