KO Gold adds John Anderson to board, gains DTC eligibility

KO Gold Inc. (CSE: KOG) (OTCQB: KOGDF) announced results from its annual general meeting held May 6, where shareholders approved all matters presented. The meeting saw 7,653,783 common shares represented, accounting for 17.85% of the company's 42,880,749 issued and outstanding shares.

Shareholders elected five directors including new board member John Anderson, with each nominee receiving 100% of votes cast. Anderson serves as Chairman of Purplefish Capital Management Limited and brings over 30 years of capital markets experience in the resource sector. He currently holds positions as Chief Executive Officer of Triumph Gold Corp. (TSXV: TIG) and Chair of TriplePoint Resources Ltd. and Wildsky Resources Inc. (TSXV: WSK).

"John brings more than 30 years of capital markets experience, significant resource-sector expertise and a strong track record of helping growth-stage companies access capital," said Greg Isenor, Chief Executive Officer of KO Gold.

The company also announced its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the United States. This development follows the recent commencement of trading on the OTCQB Venture Market under ticker symbol KOGDF.

DTC eligibility allows securities to be electronically cleared and settled, potentially accelerating the settlement process for investors and brokers. The system is managed by the Depository Trust & Clearing Corporation.

KO Gold operates as a Canadian junior exploration company focused on gold properties within New Zealand's Otago Gold District. The company holds four exploration permits covering 400 square kilometers and maintains a net smelter return on three additional permits totaling 340 square kilometers.

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