Conic Metals Corp. is pleased to provide its first summary of the operating performance of the Company's largest asset, being the Ramu Nickel-Cobalt integrated operation in Papua New Guinea, which management believes is one of the largest and most ambitious mining and processing projects to have been successfully brought into production in PNG during the past decade. Conic currently holds an 8.56% joint-venture interest [...]
Conic Metals Corp. confirms that the Company has become aware of a writ of summons and statement of claim commenced in Papua New Guinea on February 5, 2020 against Ramu Nico Management Limited. The writ of summons and statement of claim was filed on behalf of the Madang Provincial Government and certain local landowners, which contains certain allegations regarding the environmental impact of operations at the Ramu [...]
Conic Metals Corp. announced today that it will begin an initiative that aims to obtain an ESG rating for the Company and the appointment of Ms. Candace MacGibbon to the board of directors of the Company, effective immediately. Environmental, social, and governance are the three primary components of measuring the sustainability and ethical impact of an investment. The lack of information on the environmental and social [...]
The View from the C-Suite video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest View from the C-Suite videos visit www.tmxmoney.com/en/news/csuite.html) About Conic Metals Corp. Conic Metals Corp. is a base metals company offering [...]
Justin Cochrane, President & Chief Executive Officer, Conic Metals Corp., joined Dean McPherson, Head, Global Mining, Business Development, TMX Group, to close the market. Conic Metals is a base metals company offering direct exposure to nickel and cobalt, both being critical elements of electric vehicles and energy storage systems. Conic Metals Corp. commenced trading on TSX Venture Exchange on November 15, 2019. SOURCE [...]
Conic Metals Corp. announced today the appointment of Maurice J. Swan to the board of directors of the Company and the retirement of Mr. Nicholas French from the Board of Directors, effective immediately. "We are excited to welcome Maurie Swan to the Board of Directors" commented Justin Cochrane, Conic's President & Chief Executive Officer. "His extensive background in legal and corporate governance matters, coupled with [...]
Conic Metals Corp. confirms that it has been notified by majority-owner and operator Metallurgical Corporation of China Limited, that processing at the Ramu Process Facility resumed over 2 weeks ago after a short suspension to undertake remedial works, as was previously reported by the Company. The suspension of activities was not the result of an environmental investigation as incorrectly reported by some media outlets [...]
Conic Metals Corp. is pleased to announce its creation as part of the completed plan of arrangement under the Business Corporations Act between Cobalt 27 Capital Corp. and Pala Investments Limited on October 25, 2019. Conic is a base metals company offering direct exposure to nickel and cobalt, both being critical to electric vehicles and energy storage systems. Pursuant to the Arrangement, Cobalt 27 has transferred [...]
Cobalt 27 Capital Corp. and Pala Investments Limited are pleased to announce the completion of the previously-announced plan of arrangement under the Business Corporations Act which provided for the acquisition by Pala of 100% of Cobalt 27's issued and outstanding common shares, and the creation of Conic Metals Corp. The Arrangement was approved by Cobalt 27's shareholders at an annual general and special meeting held on [...]
Cobalt 27 Capital Corp. is pleased to announce that it expects the completion of the previously-announced plan of arrangement under the Business Corporations Act to occur during the morning of October 25, 2019. The Arrangement provides for the acquisition by Pala of 100% of Cobalt 27's issued and outstanding common shares, and the creation of a new company, Nickel 28 Capital Corp., that has been renamed as Conic Metals [...]
Cobalt 27 Capital Corp. announced today that the Supreme Court of British Columbia issued a final order approving the previously-announced statutory plan of arrangement under the Business Corporations Act pursuant to which Pala Investments Limited will acquire 100% of Cobalt 27's issued and outstanding common shares. Under the Arrangement, each Cobalt 27 shareholder will receive C$4.00 in cash plus one share of [...]
Cobalt 27 Capital Corp. today announces it has filed a management information circular for the annual general and special meeting of shareholders of the Company to be held in connection with the proposed acquisition of Cobalt 27 by Pala Investments Limited by way of a plan of arrangement . Under the Arrangement, Pala would indirectly acquire 100% of Cobalt 27's issued and outstanding common shares for C$5.75 per common [...]
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