Vancouver, British Columbia–(Newsfile Corp. – August 13, 2026) – Kobrea Exploration Corp. (CSE: KBX) (FSE: F3I) (OTCQB: KBXFF) (“Kobrea” or the “Company”) announces that it has completed the next payment to the optionors under its option agreement dated August 14, 2024 (the “Option Agreement”), pursuant to which the Company has the exclusive right to earn a 100% interest in the seven projects comprising the Western Malargüe Copper Projects, totaling 733 km2 in southwestern Mendoza Province, Argentina (the “Western Malargüe Copper Projects”). The payment consisted of US$500,000 in cash and the issuance of 300,000 common shares of the Company (the “Shares”).
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Brief Summary
Kobrea Exploration Corp. has made a significant stride in its operations regarding the Western Malargüe Copper Projects in Argentina. This announcement highlights the Company’s commitment to advancing its interests in the region.
- $500,000 payment made to optionors
- 300,000 common shares issued
- Exclusive right to earn 100% interest
- Covers 733 km² in Mendoza Province
Why it matters: This moves Kobrea closer to fully acquiring a strategic asset in a promising copper exploration area.
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