TORONTO, July 12, 2018 /CNW/ - First Cobalt Corp. today announces that two additional drill rigs have been mobilized at its Iron Creek Cobalt Project in Idaho, USA to accelerate drilling activities. The Company is now drilling both from surface and underground. Highlights Drilling will test down dip extensions of known cobalt-copper zones to over 300 metres below surface and test lateral strike over one kilometre to [...]
TORONTO, July 10, 2018 /CNW/ - First Cobalt Corp. is pleased to announce that drilling in the Canadian Cobalt Camp has identified a second cobalt mineralization trend within the Kerr area near surface extending over a 500-metre strike length. This mineralized trend is located parallel to and 400 metres north of the previously identified Kerr #2 Zone, which has been traced over 350 metres to date. Highlights Several [...]
TORONTO, July 9, 2018 /CNW/ - First Cobalt Corp. reports that while it does not normally comment on market activity or market rumours, the Company feels it is appropriate to issue the following remarks in light of the unusual activity related to its common shares. First Cobalt reiterates that the fundamentals of its business have not deteriorated but rather, since completing the acquisition of US Cobalt, it believes they [...]
First Cobalt Corp.announces independent director Ross Phillips has resigned from the company's board of directors to pursue other opportunities. Mr. Phillips has been invaluable to building First Cobalt into a vertically integrated North American cobalt company and the Company thanks him for his contributions. About First Cobalt First Cobalt is a vertically integrated North America pure-play cobalt company. First Cobalt [...]
TORONTO, June 27, 2018 /CNW/ - First Cobalt Corp. is pleased to announce the nominees listed in the management information circular dated May 25, 2018 were elected as directors of First Cobalt. Detailed results of the vote for the election of directors held at the annual and special shareholders meeting June 26, 2018 are set out below. Nominee Votes For % For Votes Withheld % Withheld Garett Macdonald 59,669,397 99.42 [...]
PHOENIX, June 19, 2018 -- Trent Mell, CEO & President of First Cobalt Corp. was recently interviewed by Everett Jolly on the “Stock Day” podcast. The two discussed First Cobalt Corp.’s recent acquisition of US Cobalt and the company’s standout projects in the United States. Everett Jolly, CEO of Uptick Newswire and host of “Stock Day,” began the show by asking Mell about the disconnect [...]
TORONTO, June 19, 2018 /CNW/ - First Cobalt Corp. is pleased to announce that drill results from the Iron Creek Project in Idaho, USA continue to extend cobalt mineralization in the Waite Zone by an additional 50 metres to the west as well as to surface. The Waite Zone lies south and parallel to the historic No Name Zone. Mineralization has also been intercepted beyond the footwall of the Waite Zone, providing new targets [...]
TORONTO, June 11, 2018 /CNW/ - First Cobalt Corp. is pleased to announce a $9 million work program for the Iron Creek Project in Idaho, USA, which it acquired on June 4, 2018. The Company intends to publish a mineral resource estimate by October 2018 and complete an additional 30,000 metres of drilling designed to double the mineralized zone along strike beyond the area drilled in 2017. Highlights Maiden NI 43-101 mineral [...]
TORONTO, June 5, 2018 /CNW/ - First Cobalt Corp. has today released a letter to shareholders from the Company's President and CEO, Trent Mell, to provide an update on the Company's business activities for the remainder of 2018. This letter is available on our website at www.firstcobalt.com. Dear Investor: I am excited to mark the beginning of a new chapter for First Cobalt and I am delighted to welcome former US Cobalt [...]
TORONTO, June 4, 2018 /CNW/ - First Cobalt Corp. is pleased to announce the completion of the previously announced acquisition of US Cobalt Inc. by way of plan of arrangement. US Cobalt shareholders will receive 1.5 common shares of First Cobalt for each US Cobalt share held and US Cobalt has become a wholly-owned subsidiary of First Cobalt. The transaction received formal approval from the Committee on Foreign Investment [...]
TORONTO, June 1, 2018 /CNW/ - First Cobalt Corp. and US Cobalt Inc. are pleased to announce that the Committee on Foreign Investment in the United States has completed its review of the previously announced proposed acquisition of US Cobalt by First Cobalt and has concluded that there are no unresolved national security concerns with respect to the transaction. Under the plan of arrangement transaction announced March 14 [...]
TORONTO, May 29, 2018 /CNW/ - First Cobalt Corp. today announces its management team will be participating in three upcoming conferences: TD Battery Metal Round Table, London President and CEO Trent Mell will available for one-on-one meetings June 18 & 19. Registration through TD Bank. EV Momentum / Benchmark Minerals World Tour, Berlin President and CEO Trent Mell will present on Wednesday, June 20 Benchmark Minerals [...]