{"success":true,"data":{"pressRelease":{"id":"124905","rtpr_id":"nGNXRHVwF","ticker":"KRI","exchange":"","all_tickers":["KRI"],"title":"Kobo Resources Announces Results of its Annual and Special Meeting of Shareholders","author":"Globe Newswire","published_at":"2026-08-21T11:30:00.117Z","article_body":"QUEBEC CITY, Quebec, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Kobo Resources Inc.\n(“Kobo” or the “Company”) (TSX.V: KRI) (FWB: Q1Z) is pleased to\nannounce the voting results of its annual and special meeting of shareholders\nheld in person in Québec City, Québec (the “Meeting”) on Thursday,\nAugust 20, 2026 and an amendment to its long-term incentive plan (the\n“Plan”).\n\nElection of Directors\n\nEach of the director nominees listed in the Company’s management information\ncircular dated July 22, 2026 (the “Circular”), being Edouard Gosselin,\nPaul Sarjeant, Frank Ricciuti, Patrick Gagnon, Jeff Hussey, Brian Scott and\nVivek Dharni was elected as director of the Company.\n\nAppointment of Auditor\n\nMNP LLP, Chartered Professional Accountants, was appointed as independent\nauditor of the Company for the ensuing year.\n\nLong-Term Incentive Plan\n\nAt the Meeting, the shareholders of the Company approved an amendment to the\nPlan to increase the maximum number of common shares of the Company (the\n“Shares”) that may be issued pursuant to the exercise of options under the\nPlan from a fixed maximum of 7,308,193 Shares to a rolling maximum equal to\n10% of the issued and outstanding Shares on the date of any grant,\nrepresenting approximately 13,532,586 Shares as of the date hereof, subject to\nreceipt of approval of the TSX Venture Exchange (the “TSXV”). A\ndescription of the main terms of the Plan can be found in the Circular\navailable on the Company’s issuer profile on SEDAR+ at www.sedarplus.ca. The\nimplementation of the amendment to the Plan remains subject to final approval\nfrom the TSXV.\n\nAbout Kobo Resources Inc.\n\nKobo Resources is a growth-focused gold exploration company with a compelling\ngold discovery in Côte d'Ivoire, one of West Africa’s most prolific gold\ndistricts, hosting several multi-million-ounce gold mines. The Company’s\n100%-owned Kossou Gold Project is located approximately 20 km northwest of the\ncapital city of Yamoussoukro and is directly adjacent to one of the region’s\nlargest gold mines with established processing facilities.\n\nWith over 43,000 metres of diamond drilling, nearly 5,887 metres of reverse\ncirculation (RC) drilling, and 7,200+ metres of trenching completed since\n2023, Kobo has made significant progress in defining the scale and\nprospectivity of its Kossou’s Gold Project. Exploration has focused on\nmultiple high-priority targets within a 9+ km strike length of highly\nprospective gold-in-soil geochemical anomalies, with drilling confirming\nextensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest\nphase of drilling has further refined structural controls on gold\nmineralisation, setting the stage for the next phase of systematic exploration\nand resource development.\n\nBeyond Kossou, the Company is advancing exploration at its Kotobi Permit and\nis actively expanding its land position in Côte d'Ivoire with prospective\nground, aligning with its strategic vision for long-term growth in-country.\nKobo remains committed to identifying and developing new opportunities to\nenhance its exploration portfolio within highly prospective gold regions of\nWest Africa. Kobo offers investors the exciting combination of high-quality\ngold prospects led by an experienced leadership team with in-country\nexperience.\n\nKobo’s common shares trade on the TSXV under the symbol “KRI” and on the\nFrankfurt Stock Exchange under the symbol “Q1Z”. For more information,\nplease visit www.koboresources.com.\n\nFor further information, please contact:\n\nEdouard Gosselin\nChief Executive Officer and Director\n1-418-609-3587\nir@kobores.com\n\nX: @KoboResources | LinkedIn: Kobo Resources Inc.\n\nNEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED\nIN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR\nACCURACY OF THIS RELEASE.\n\nCautionary Statement on Forward-looking Information:\n\nThis press release may contain “forward-looking information” and\n“forward-looking statements” (collectively, “forward-looking\nstatements”) within the meaning of the applicable Canadian securities\nlegislation. All statements, other than statements of historical fact, are\nforward-looking statements. Any statement that involves discussions with\nrespect to predictions, expectations, beliefs, plans, projections, objectives,\nassumptions, future events or performance (often but not always using phrases\nsuch as “expects”, or “does not expect”, “is expected”,\n“anticipates” or “does not anticipate”, “plans”, “budget”,\n“scheduled”, “forecasts”, “estimates”, “believes” or\n“intends” or variations of such words and phrases or stating that certain\nactions, events or results “may”, “could”, “would”, “might” or\n“will” be taken, occur or be achieved) are not statements of historical\nfact and may be forward-looking statements. Forward-looking statements are\nnecessarily based upon a number of estimates and assumptions that, while\nconsidered reasonable as at the date of this press release, are subject to\nknown and unknown risks, uncertainties and other factors which may cause the\nactual results and future events to differ materially from those expressed or\nimplied by such forward-looking statements. Such factors include, but are not\nlimited to: general business, economic, competitive, political and social\nuncertainties; the inherent risks involved in the exploration and development\nof mineral properties; unanticipated costs and expenses; the delay or failure\nto receive board, shareholder or regulatory approvals; and other risk factors\nlisted from time to time in documents filed by the Company with Canadian\nsecurities regulators on SEDAR+ at www.sedarplus.ca. There can be no assurance\nthat such statements will prove to be accurate, as actual results and future\nevents could differ materially from those anticipated in such statements.\nAccordingly, readers should not place undue reliance on the forward-looking\nstatements and information contained in this press release. Except as required\nby law, Kobo assumes no obligation or liability to update the forward-looking\nstatements or beliefs, opinions, projections, or other factors, should they\nchange, except as required by law.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/c21fa114-dae0-48eb-991b-7e3608875907)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXRHVwF","title":"Kobo Resources Announces Results of its Annual and Special Meeting of Shareholders","author":"Globe Newswire","ticker":"KRI","created":"2026-08-21T11:30:00.117Z","tickers":["KRI"],"exchange":"","article_body":"QUEBEC CITY, Quebec, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Kobo Resources Inc.\n(“Kobo” or the “Company”) (TSX.V: KRI) (FWB: Q1Z) is pleased to\nannounce the voting results of its annual and special meeting of shareholders\nheld in person in Québec City, Québec (the “Meeting”) on Thursday,\nAugust 20, 2026 and an amendment to its long-term incentive plan (the\n“Plan”).\n\nElection of Directors\n\nEach of the director nominees listed in the Company’s management information\ncircular dated July 22, 2026 (the “Circular”), being Edouard Gosselin,\nPaul Sarjeant, Frank Ricciuti, Patrick Gagnon, Jeff Hussey, Brian Scott and\nVivek Dharni was elected as director of the Company.\n\nAppointment of Auditor\n\nMNP LLP, Chartered Professional Accountants, was appointed as independent\nauditor of the Company for the ensuing year.\n\nLong-Term Incentive Plan\n\nAt the Meeting, the shareholders of the Company approved an amendment to the\nPlan to increase the maximum number of common shares of the Company (the\n“Shares”) that may be issued pursuant to the exercise of options under the\nPlan from a fixed maximum of 7,308,193 Shares to a rolling maximum equal to\n10% of the issued and outstanding Shares on the date of any grant,\nrepresenting approximately 13,532,586 Shares as of the date hereof, subject to\nreceipt of approval of the TSX Venture Exchange (the “TSXV”). A\ndescription of the main terms of the Plan can be found in the Circular\navailable on the Company’s issuer profile on SEDAR+ at www.sedarplus.ca. The\nimplementation of the amendment to the Plan remains subject to final approval\nfrom the TSXV.\n\nAbout Kobo Resources Inc.\n\nKobo Resources is a growth-focused gold exploration company with a compelling\ngold discovery in Côte d'Ivoire, one of West Africa’s most prolific gold\ndistricts, hosting several multi-million-ounce gold mines. The Company’s\n100%-owned Kossou Gold Project is located approximately 20 km northwest of the\ncapital city of Yamoussoukro and is directly adjacent to one of the region’s\nlargest gold mines with established processing facilities.\n\nWith over 43,000 metres of diamond drilling, nearly 5,887 metres of reverse\ncirculation (RC) drilling, and 7,200+ metres of trenching completed since\n2023, Kobo has made significant progress in defining the scale and\nprospectivity of its Kossou’s Gold Project. Exploration has focused on\nmultiple high-priority targets within a 9+ km strike length of highly\nprospective gold-in-soil geochemical anomalies, with drilling confirming\nextensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest\nphase of drilling has further refined structural controls on gold\nmineralisation, setting the stage for the next phase of systematic exploration\nand resource development.\n\nBeyond Kossou, the Company is advancing exploration at its Kotobi Permit and\nis actively expanding its land position in Côte d'Ivoire with prospective\nground, aligning with its strategic vision for long-term growth in-country.\nKobo remains committed to identifying and developing new opportunities to\nenhance its exploration portfolio within highly prospective gold regions of\nWest Africa. Kobo offers investors the exciting combination of high-quality\ngold prospects led by an experienced leadership team with in-country\nexperience.\n\nKobo’s common shares trade on the TSXV under the symbol “KRI” and on the\nFrankfurt Stock Exchange under the symbol “Q1Z”. For more information,\nplease visit www.koboresources.com.\n\nFor further information, please contact:\n\nEdouard Gosselin\nChief Executive Officer and Director\n1-418-609-3587\nir@kobores.com\n\nX: @KoboResources | LinkedIn: Kobo Resources Inc.\n\nNEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED\nIN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR\nACCURACY OF THIS RELEASE.\n\nCautionary Statement on Forward-looking Information:\n\nThis press release may contain “forward-looking information” and\n“forward-looking statements” (collectively, “forward-looking\nstatements”) within the meaning of the applicable Canadian securities\nlegislation. All statements, other than statements of historical fact, are\nforward-looking statements. Any statement that involves discussions with\nrespect to predictions, expectations, beliefs, plans, projections, objectives,\nassumptions, future events or performance (often but not always using phrases\nsuch as “expects”, or “does not expect”, “is expected”,\n“anticipates” or “does not anticipate”, “plans”, “budget”,\n“scheduled”, “forecasts”, “estimates”, “believes” or\n“intends” or variations of such words and phrases or stating that certain\nactions, events or results “may”, “could”, “would”, “might” or\n“will” be taken, occur or be achieved) are not statements of historical\nfact and may be forward-looking statements. Forward-looking statements are\nnecessarily based upon a number of estimates and assumptions that, while\nconsidered reasonable as at the date of this press release, are subject to\nknown and unknown risks, uncertainties and other factors which may cause the\nactual results and future events to differ materially from those expressed or\nimplied by such forward-looking statements. Such factors include, but are not\nlimited to: general business, economic, competitive, political and social\nuncertainties; the inherent risks involved in the exploration and development\nof mineral properties; unanticipated costs and expenses; the delay or failure\nto receive board, shareholder or regulatory approvals; and other risk factors\nlisted from time to time in documents filed by the Company with Canadian\nsecurities regulators on SEDAR+ at www.sedarplus.ca. There can be no assurance\nthat such statements will prove to be accurate, as actual results and future\nevents could differ materially from those anticipated in such statements.\nAccordingly, readers should not place undue reliance on the forward-looking\nstatements and information contained in this press release. Except as required\nby law, Kobo assumes no obligation or liability to update the forward-looking\nstatements or beliefs, opinions, projections, or other factors, should they\nchange, except as required by law.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/c21fa114-dae0-48eb-991b-7e3608875907)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-21T11:30:00.159269645Z","server_sent_at_ms":1787311800159},"received_at":"2026-08-21T11:30:00.210Z","source_url":null},"analysis":{"id":"113869","press_release_id":"124905","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":[],"eventType":"other","narrative":"Kobo Resources reported the results of its annual and special meeting, electing all seven director nominees and appointing MNP LLP as auditor.\n\nShareholders approved an amendment to the long-term incentive plan, increasing the option pool cap to a rolling 10% of outstanding shares, subject to TSXV approval.\n\nThe company provided an operational update noting over 43,000 meters of diamond drilling at the Kossou Gold Project in Côte d'Ivoire.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine meeting results and option plan amendment — no operational news."},"keyFigures":{"customDimensions":{"trenching_m":7200,"rc_drilling_m":5887,"prior_max_shares":7308193,"new_max_shares_est":13532586,"drilling_completed_m":43000,"rolling_max_shares_percent":10}},"quotedText":"","namedEntities":{"people":[{"name":"Edouard Gosselin","role":"Chief Executive Officer and Director"},{"name":"Paul Sarjeant","role":"Director"},{"name":"Frank Ricciuti","role":"Director"},{"name":"Patrick Gagnon","role":"Director"},{"name":"Jeff Hussey","role":"Director"},{"name":"Brian Scott","role":"Director"},{"name":"Vivek Dharni","role":"Director"}],"products":["Kossou Gold Project","Kotobi Permit"],"companies":[{"name":"Kobo Resources Inc.","ticker":"KRI"},{"name":"MNP LLP","relationship":"independent auditor"},{"name":"TSX Venture Exchange","relationship":"regulatory body"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"Routine corporate governance update reporting results of an annual meeting (director elections, auditor appointment) and a standard amendment to a stock option plan (increase to 10% rolling cap). No financial results, guidance, or material operational milestones."},"tickerRelevance":{"others":[],"primary":"KRI"},"globalImportance":10,"audienceRelevance":5,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"routine_corporate_governance","sectorWeight":"materials"}},"event_type":"other","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Kobo Resources reported the results of its annual and special meeting, electing all seven director nominees and appointing MNP LLP as auditor.\n\nShareholders approved an amendment to the long-term incentive plan, increasing the option pool cap to a rolling 10% of outstanding shares, subject to TSXV approval.\n\nThe company provided an operational update noting over 43,000 meters of diamond drilling at the Kossou Gold Project in Côte d'Ivoire.","key_figures":{"customDimensions":{"trenching_m":7200,"rc_drilling_m":5887,"prior_max_shares":7308193,"new_max_shares_est":13532586,"drilling_completed_m":43000,"rolling_max_shares_percent":10}},"named_entities":{"people":[{"name":"Edouard Gosselin","role":"Chief Executive Officer and Director"},{"name":"Paul Sarjeant","role":"Director"},{"name":"Frank Ricciuti","role":"Director"},{"name":"Patrick Gagnon","role":"Director"},{"name":"Jeff Hussey","role":"Director"},{"name":"Brian Scott","role":"Director"},{"name":"Vivek Dharni","role":"Director"}],"products":["Kossou Gold Project","Kotobi Permit"],"companies":[{"name":"Kobo Resources Inc.","ticker":"KRI"},{"name":"MNP LLP","relationship":"independent auditor"},{"name":"TSX Venture Exchange","relationship":"regulatory body"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-21T11:30:34.192Z","global_importance":10,"audience_relevance":5,"importance_components":{"tickerTier":"micro-cap","eventGravity":"routine_corporate_governance","sectorWeight":"materials"}},"durationMs":33971,"modelName":"glm-4.7"}}