TORONTO, Jan. 3, 2018 /CNW/ - First Cobalt Corp. is pleased to announce its management team will be attending three upcoming conferences. First Cobalt will be speaking at the TD Mining Conference in Toronto and the Vancouver Resource Investment Conference . The Company will be hosting booths at both the VRIC, followed by the AME RoundUp in Vancouver. TD Securities Mining Conference, Toronto President and CEO Trent Mell [...]
Dec. 21, 2017 -- First Cobalt Corp. is pleased to announce it has completed the financing announced on December 8, 2017 with the Underwriters fully exercising their option to sell an additional 4,550,000 Units. The Company issued on a bought deal basis 4,700,000 units of the Company at a price of $1.51 per Flow-Through Unit and 20,950,000 units of the Company at a price of $1.10 per Unit for aggregate proceeds of [...]
TORONTO, Dec. 19, 2017 -- First Cobalt Corp. is pleased to announce new positive drill results from its 2017 drill program, confirming the presence of three cobalt bearing veins to the southwest of the past-producing Keeley mine in the Canadian Cobalt Camp. First Cobalt’s 2017 drill campaign is targeting cobalt mineralization over a two kilometre strike length, representing less than two percent of its land package [...]
TORONTO, Dec. 14, 2017 -- First Cobalt Corp. is pleased to announce positive results from a borehole geophysics program in the Canadian Cobalt Camp. An electromagnetic program successfully identified a geophysical signature associated with vein-style mineralization intersected in recent drilling as well as an off-hole anomaly, providing a new exploration tool for the Cobalt Camp. Bedrock geology and location of holes [...]
Dec. 8, 2017 /CNW/ - First Cobalt Corp. is pleased to announce it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. pursuant to which they have agreed to purchase, on a bought deal private placement basis, an aggregate of 4,700,000 units of the Company at a price of $1.51 per Flow-Through Unit for gross proceeds of $7,097,000 and an aggregate of 16,400,000 units of the Company [...]
TORONTO, Dec. 07, 2017 -- First Cobalt Corp. is pleased to announce it has purchased four contiguous mining claims located in the Central Cobalt region of the Cobalt Camp in Ontario near the past producing Caswell mine. Figure 1. Location of new claims indicated in bold outline Highlights The claims cover an area that may contain the extension of structures related to mineralization at the Caswell mine and the Thompson [...]
Toronto, ON, Dec. 04, 2017 -- Uptick Newswire interviews and welcomes a brand new company for its “Stock Day” listeners, Trent Mell the President and CEO of First Cobalt Corp. ) interviews on the Company’s major successes and the big plays First Cobalt has made in the cobalt industry. Starting off the interview, Mr. Mell discusses the difference of First Cobalt, the importance of the team and the field [...]
First Cobalt is pleased to report high grade cobalt assays at the past producing Juno mine in Cobalt North, to the north of the Drummond mine. Surface sample results from the Juno mine in the Kerr Lake area suggest that a broad hydrothermal system may exist in the area. Figure 1. Bedrock geology of the Kerr Lake area including Juno. Locations of veins are taken from government maps and should not be considered exact [...]
First Cobalt is pleased to announce completion of the previously announced merger with CobalTech Miningby way of plan of arrangement. Pursuant to the arrangement, CobalTech shareholders will receive 0.2632 of a common share of First Cobalt for each CobalTech share held and CobalTech will become a wholly-owned subsidiary of First Cobalt. All outstanding share purchase warrants of CobalTech have also been exchanged, on [...]
First Cobalt is pleased to announce the closing of its merger with Cobalt One. First Cobalt is now the largest land owner in the Cobalt Camp in Ontario and owns the only cobalt refinery in North America permitted to produce battery materials. First Cobalt issued 0.145 of a First Cobalt common share for each Cobalt One ordinary share. In conjunction with this transaction, the Company has reconstituted its Board to include [...]
TORONTO, Nov. 30, 2017 -- First Cobalt Corp. is pleased to announce the commencement of borehole geophysical surveys at the former producing Keeley and Frontier mines in the Ontario Cobalt Camp. The electromagnetic program is intended to identify a geophysical signature of cobalt mineralization intersected in recent drillholes that can be used to plan future programs. Figure 1. Bedrock geology and drillhole location in [...]
TORONTO, Nov. 29, 2017 -- First Cobalt Corp. is pleased to announce its admission to the Official List of the Australian Stock Exchange . Official Quotation of the Company’s securities will commence at 10:00 am WST on November 30, 2017 on a deferred settlement basis. About First Cobalt First Cobalt’s objective is to create the largest pure-play cobalt exploration and development company in the world. Upon [...]