Vancouver, British Columbia – TheNewswire - March 18, 2022 – Cosa Resources Corp. (CSE:COSA) (CNSX:COSA.CN) (“Cosa” or the “Company”) is pleased to announce that it has completed its initial public offering (the “IPO”) of common shares (the “Shares”) in the capital stock of the Company. Cosa issued 3,900,000 Shares that were qualified for distribution under its final prospectus dated February 25, 2022 at a price of $0.15 per Share for gross proceeds of $585,000 to purchasers in British Columbia, Alberta and Ontario. The net proceeds of the IPO will primarily be used to fund exploration on the Company’s Heron Property consisting of three non-contiguous mineral claims covering nearly 11,122 hectares approximately 180 km north of La Ronge, Saskatchewan.

Pursuant to the agency agreement dated February 25, 2022, Haywood Securities Inc. (“Haywood”) acted as the agent for the IPO on a commercially reasonable efforts basis and received a cash commission, a corporate finance fee and reimbursement of its expenses in connection with the IPO. Haywood also received 66,666 Shares as part of its corporate finance fee. In addition, Haywood and members of its selling group received an aggregate of 273,000 compensation warrants to purchase the same number of Shares of the Company at a price of $0.15 per Share over a 24-month period.

The Company has received approval to list its common shares on the Canadian Securities Exchange (the “Exchange”) and its Shares will be listed for trading on the Exchange on March 21, 2022 under the stock symbol “COSA”.

Additional information about the Company, the IPO, and the Heron Property, can be found in the Company’s final long form prospectus dated February 25, 2022 as filed on SEDAR at www.sedar.com.

The directors and officers of Cosa are Steve Blower, the Chairman and a director; Keith Bodnarchuk, the Chief Executive Officer and President of the Company and a director; Wes Short, the Chief Financial Officer and Corporate Secretary of the Company and a director; and Janine Richardson, a director.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of, the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. the securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any U.S. state securities laws and may not be offered or sold in the United States or to U.S. persons except in compliance with the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom.

About the Company

Cosa Resources Corp. is engaged in the acquisition, exploration, and evaluation of mineral properties. The Company’s Heron Property consists of three non-contiguous mineral claims covering nearly 11,122 hectares approximately 180 km north of La Ronge, Saskatchewan.

Contact

Wes Short, CFO and Director

wshort@cosaresources.ca

250-218-2077

Cautionary Statements

This press release contains “forward‐looking information or statements” within the meaning of Canadian securities laws, which may include, but are not limited to statements relating to the date of first trading in the Company’s common shares and its future business plans. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ from those in the forward-looking statements. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those set out in the Company’s final long form prospectus dated February 25, 2022 and filed under the Company’s profile on SEDAR at www.sedar.com. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

Neither the Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

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