After reviewing the KoBold section (which is 2/3rds a list of investors and 1/3 about company activities) I identified a some factual errors to bring to your attention:

CLAIM: KoBold “acquired rights” to Manono via a US$1bn framework agreement with AVZ (May 2025)

FACT

• In May 2025, KoBold Metals announced a commercial framework agreement with AVZ Minerals concerning the Manono lithium project.
• A framework agreement is not an acquisition of rights. It is conditional, explicitly dependent on:
  • resolution of ongoing legal and arbitration disputes;
  • regulatory approvals; and
  • agreement with the DRC state.
• KoBold has consistently stated—publicly and on the record—that it cannot and will not proceed unless disputes are resolved.

Correct framing:

KoBold announced a conditional framework intended to enable resolution of the Manono impasse, not an acquisition of mining rights.

CLAIM: “The DRC government has not officially responded to KoBold’s proposal” and disputes continue

FACT: ❌ Incorrect / materially misleading

• The Democratic Republic of the Congo government has officially responded.
• On July 18, 2025, the DRC publicly announced an agreement with KoBold that:
  • positions KoBold as its preferred partner to develop Manono-related assets;
  • reflects the government’s stated preference for KoBold to help resolve the existing disputes, rather than bypass them.
• Crucially:
  • The DRC did not declare disputes resolved.
  • KoBold’s ability to move forward remains explicitly contingent on legal resolution (including AVZ arbitration).

Correct framing:

The DRC has formally expressed support for KoBold as its preferred developer, while acknowledging that legal disputes must still be resolved before development can proceed.