Vancouver, British Columbia–(Newsfile Corp. – October 3, 2025) – Kobrea Exploration Corp. (CSE: KBX) (FSE: F3I) (OTCQB: KBXFF) (“ Kobrea ” or the “ Company “) is pleased to announce that it has closed its previously announced private placement offering of 17,000,000 units of the Company (“ Units “) at an issue price of $0.50 per Unit for aggregate gross proceeds of $8.5 million (the “ Offering “).

Each Unit consists of one common share of the Company (a “ Common Share “) and one-half of one common share purchase warrant of the Company (each whole warrant, a “ Warrant “). Each Warrant entitles the holder thereof to acquire one Common Share at a price per share of $0.75 for a period of 24 months from the date of issuance, provided the Warrants may not be exercised for a period o

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