![]() Canadian Mobile Device Preferences in 2012 Show RIM Losing Market ShareĬlick here to see the latest issue of Business Review Canada.S EE RELATED STORIES FROM THE WDM CONTENT NETWORK: In two years, we’ve done what others couldn’t in ten.” “We have set the standard for helping our consumers engage in reading in new and meaningful ways, while delivering on our promise to help retailers, authors and publishers take advantage of this emerging market. We expect Kobo’s trajectory for international growth and user adoption to quickly meet and exceed market projections,” said Serbinis. “Strong eReader growth is projected by IDC for the European market with sales increasing over 400% to 9.6-million devices expected in market by 2015. Kobo has in its short time created a user base of over 8-million registered users in 190 countries that utilize the Kobo eReading app, purchase Kobo eReaders and Kobo eBooks. “It’s become increasingly clear that the world of eReading is the way of the future and as technology continues to break down geographic borders, Kobo is excited to lead the charge into new markets and continue to shape the future of the multi-billion dollar eReading industry.”Įstablished a mere 28 months ago, this success is outstanding with an already competitive eReader arena. “We’re thrilled to introduce Kobo’s open eReading platform and the Kobo ‘Read Freely’ philosophy to new countries around the world,” says Michael Serbinis, CEO of Kobo. Part of Kobo’s success can be directly related to its Kobo ebook format that they make available for reading on multiple devices, giving customers real ownership. Increasing its eBook downloads by 400 per cent and its eReader sales by 160 per cent Amazon may have its work cut out for them in its Kindle’s future. Overall mine life is currently estimated at ~8 years.Kobo Inc, a Toronto-headquartered eReader technology company, has announced its business success that saw triple digit growth year of over year. The mine is expected to produce more than 200,000 oz gold per year over the first 5 years with an average AISC of US$745 per ounce. Yaouré poured its first gold in December 2020 and declared commercial production in March 2021. Kobo has identified several highly prospective gold zones using soil geochemical sampling, rock and trench sampling that had not previously been discovered. Importantly, the geological setting and proximity to Yaouré give the Kossou project a decided advantage compared to many exploration opportunities.Īs per the Perseus Mining website, the Yaouré mine has Measure and Indicated Resources of 2.4 million ounces gold and Proven and Probable Reserves of 1.6 million ounces gold. Key gold showings lie within 5 to 7 kilometers of the Yaouré Mine operated by Perseus Mining Ltd. Kobo is focusing exploration efforts primarily on the Kossou Gold Project (“Kossou” or the “Project”), covering 147 km2 of highly prospective greenstone belts immediately adjacent to one of the countries largest gold mines. Proximity to Nearby Operator Considered an Asset ![]() All projects and potential projects are underlain by Birimian host rocks. Kobo also controls the Kotobi Research Permit (302 km 2) and has three pending Research Applications in the Bongouanou Region covering approximately 1068 km 2. The Company holds two key research permits totaling 449 km 2 and has three additional pending Research Permit applications totaling 1,068 km 2, all hosted by Birimian Group units in central Côte d’Ivoire. The Company’s 100%-owned Kossou Gold Project (“Kossou”) is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region’s largest gold mines with established processing facilities. Cote d’Ivoire is recognized as a top tier gold province underlain by Paleoproterozoic Birimian Group rocks that host significant gold reserves and is a high priority target for many gold companies. (“Kobo Resources” or the “Company”) is a growth-focused gold exploration company with a compelling new gold discovery in Cote d’Ivoire, one of West Africa’s most prolific and developing gold districts, hosting several multi-million-ounce gold mines.
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