Ann: Exploration Underway at the Whitlock Lithium Project, page-27

C/R . 1.65M at 15

16/12/22
Koba Resources Limited (ASX:KOB; “Koba” or the “Company”) is pleased to advise that ithas received firm commitments for a placement to raise $1.65 million (“Placement”).

ThePlacement was strongly supported by a range of sophisticated and professional investors,including some of Koba’s largest shareholders.

Proceeds from the Placement will be used to advance the Company’s portfolio of high-qualitylithium-pegmatite projects in Canada, including the new JB1 and Davidson Lithium Projectsannounced yesterday and the existing Whitlock Lithium Project together with the PythonLithium Project in the Pilbara.