First Cobalt and US Cobalt are pleased to announce that US Cobalt has been granted an interim order authorizing various matters including the holding of a special meeting of US Cobalt’s securityholders to consider the Transaction. Under the terms of the previously announced plan of arrangement transaction, announced March 14, 2018, First Cobalt will acquire all of the issued and outstanding shares of US Cobalt. US [...]
TORONTO, April 11, 2018 /CNW/ - First Cobalt Corp. is pleased to announce the release of its 2018 corporate video, now available on the Company's website and the Company's social media sites. President and CEO Trent Mell reviews First Cobalt's vision for 2018 including a three-point approach to the year ahead. One part of this vision for First Cobalt is growth through strategic acquisition. On March 14, 2018, First Cobalt [...]
TORONTO, April 4, 2018 /CNW/ - First Cobalt Corp. today announces additional drill results from the Woods Extension Zone of Cobalt South in the Canadian Cobalt Camp. Cobalt mineralization has been identified in breccia zones as well as faults, reflecting a complex structural setting that warrants further drilling. Highlights Assay results from two holes confirm cobalt mineralization extends over a broader area, including [...]
TORONTO, March 26, 2018 /CNW/ - First Cobalt Corp. is pleased to announce positive assay results from the first drill holes from near the Kerr Mine in the Cobalt North area of the Cobalt Camp in Ontario, Canada. Results from these holes indicate a potential zone of cobalt mineralization that can be tracked across more than 100 metres. Highlights Two holes, collared over 160m apart, intersected cobalt mineralization [...]
TORONTO, March 22, 2018 /CNW/ - First Cobalt Corp. today announces the filing of an independent NI 43-101 technical report on its Greater Cobalt Project located near Cobalt, Ontario. This report encompasses all the Cobalt Camp properties resulting from the 2017 merger with Cobalt One and CobalTech. Highlights Cobalt Project is located in a favorable exploration area with a high concentration of cobalt and silver [...]
TORONTO, March 20, 2018 /CNW/ - First Cobalt Corp. today announces the commencement of a metallurgical study to be conducted on a high grade inventory of refinery residue and crushed waste rock material located near the First Cobalt mill facility in the Canadian Cobalt Camp. This study is intended to advance the Company's early cash flow strategy by assessing an optimal flow sheet for recovering cobalt and silver, as well [...]
First Cobalt and US Cobalt are pleased to announce they have entered into a definitive agreement whereby First Cobalt will acquire all of the issued and outstanding shares of US Cobalt pursuant to a plan of arrangement , further enhancing First Cobalt's position as a pure-play North American cobalt company. Under the terms of the Arrangement Agreement, all of the US Cobalt issued and outstanding common shares will be [...]
/STATES./ TORONTO, March 9, 2018 /CNW/ - Further to the news release of First Cobalt Corp. dated December 21, 2017 and the management information circular of the Company dated January 29, 2018, the Company is pleased to announce that the shareholders have approved all resolutions provided for in the management information circular. Accordingly, the common share purchase warrants which formed part of the Company's December [...]
TORONTO, March 1, 2018 /CNW/ - First Cobalt Corp. announces it has commenced its 2018 borehole geophysical and optical televiewer survey program to test holes drilled in Cobalt South and for the first time in Cobalt North. The borehole program is intended to expand known zones of cobalt mineralization and further define the controlling structures in these two areas. The borehole geophysical data will also be used to [...]
TORONTO, Feb. 22, 2018 /CNW/ - First Cobalt Corp. is pleased to announce it has been named a 2018 TSX Venture 50® company in an annual ranking of the top 50 publicly traded companies on the TSX-V. The TSX Venture 50® lists the top ten companies in five major industry sectors that have been identified as leaders in creating shareholder value based on three equally weighted criteria: market capitalization growth [...]
TORONTO, Feb. 21, 2018 /CNW/ - First Cobalt Corp. is pleased to announce it has begun drilling in Cobalt North, near the historic Drummond, Kerr and Conisil mines. This new program follows completion of a maiden drill program in Cobalt South that identified three distinct mineralized areas that will require follow up. Highlights Three distinct mineralized areas identified in Cobalt South to date: Woods Extension Zone [...]
TORONTO, Feb. 14, 2018 /CNW/ - First Cobalt Corp. is pleased to announce company management will be participating in two upcoming conferences. BMO Capital Markets 2017 Global Metals & Mining Conference, Hollywood, Florida President and CEO Trent Mell will be available for one-on-one meetings throughout the conference. PDAC, Toronto, Ontario Vice President, Exploration, Dr. Frank Santaguida will be participating in a [...]