Mr. Edward Gosselin reports

KOBO RESOURCES ANNOUNCES STOCK OPTION GRANTS

Kobo Resources Inc. has granted 1.55 million options to purchase common shares of the company to certain directors, officers and employees of the company, pursuant to Kobo's stock option plan. Such options are exercisable into common shares of the company at an exercise price of 35 cents per common share for a period of 10 years from the date of grant, as per the company's stock option plan. These options will vest in equal tranches of 25 per cent every three months following their grant date.

About Kobo Resources Inc.

Kobo Resources is a growth-focused gold exploration company with a compelling new gold discovery in Ivory Coast, one of West Africa's most prolific and developing gold districts, hosting several multimillion-ounce gold mines. The company's 100-per-cent-owned Kossou gold project is located approximately 20 kilometres northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region's largest gold mines with established processing facilities.

We seek Safe Harbor.