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Kodiak Closes $8 Million Bought Deal Private Placement

09/25/2025

On September 25, 2025, Kodiak Copper Corp. closed its bought deal financing of 6,050,000 charity flow-through units at a price of $1.00 per charity flow-through unit and 3,226,000 units at a price of $0.62 per unit for aggregate gross proceeds of approximately $8 million, which included the full exercise of the underwriters’ option.

Canaccord Genuity Corp. acted as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters including Cormark Securities Inc. and Paradigm Capital Inc.

Cassels acted for the underwriters.

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