Cosa Resources Corp. Elevates Justin Rodko to Vice President of Corporate Development Amid Strategic Share Issuance to Denison
Cosa Resources Corp. (TSXV: COSA, OTCQB: COSAF, FSE: SSKU) announced on January 14, 2026 that it has promoted professional geoscientist Justin Rodko to the position of Vice President, Corporate Development. The promotion follows Rodko’s substantial contributions to Cosa’s exploration portfolio and its partnership with Denison Mines Corp. (TSX: DML, NYSE American: DNN), as well as the company’s ongoing drill campaign in the Athabasca Basin.
Rodko joined Cosa in 2023 after a decade‑long career at IsoEnergy, where he was instrumental in expanding the company’s Athabasca uranium holdings and played a key role in the discovery of the Hurricane deposit. For that work, Rodko received the AME 2022 Colin Spence Award for excellence in global mineral exploration, alongside Cosa colleagues Steve Blower, Andy Carmichael and Craig Parry. His technical expertise, coupled with capital‑market experience, positions him to drive Cosa’s corporate strategy and project development.
Share Issuance to Denison
In conjunction with Rodko’s appointment, Cosa has issued 1,960,000 common shares to Denison as partial satisfaction of the deferred consideration owed under the acquisition agreement dated November 26, 2024. The shares were issued at a deemed price of $0.3891 per share, resulting in a deferred consideration balance of approximately C$1,487,364 that will be settled through future share issuances. Denison will file an early‑warning report under National Instrument 62‑103 in relation to the acquisition of these shares.
Prior to the issuance, Denison owned 19,030,864 shares (16.85 % of Cosa on a partially‑diluted basis). Following the transaction, its beneficial ownership rose to 20,990,864 shares (18.26 % of the issued and outstanding shares), together with 2,417,679 common share purchase warrants.
Strategic Implications
The promotion of Rodko and the share issuance underscore Cosa’s commitment to strengthening its leadership cadre while maintaining a robust partnership with Denison. Rodko’s background in uranium exploration and his familiarity with Cosa’s six key properties—Ursa, Orion, Castor, Charcoal, Helios, and Astr—align with the company’s goal of advancing its drilling campaign at Darby and Murphy Lake North. CEO Keith Bodnarchuk emphasized that Rodko “brings a unique combination of capital market skills and technical knowledge” and that the team is poised to pursue “the next great uranium discovery.”
Cosa’s market cap of approximately C$46 million and its recent trading activity (closing at $0.43 on 13 January 2026) reflect a company positioned for growth amid rising demand for uranium and copper. The firm’s strategic focus on northern Saskatchewan and its partnership structure with Denison place it at the nexus of resource development and shareholder value creation.
In the coming weeks, Cosa will provide detailed drill plans for the Darby and Murphy Lake North joint ventures, offering investors a clearer view of the company’s exploration timeline and potential upside.




