Fuse Cobalt would like to provide its shareholders with additional information regarding the current status of the Company and its properties, as well as, its proposed operating plan for 2023. As many are aware, the electric vehicle industry is experiencing explosive growth due to recent demand from consumers. As combustion engine use declines, the shift to EVs has provoked unparalleled activity in battery manufacturing [...]
Fuse Cobalt Inc. would like to provide its shareholders with additional information regarding the current status of the Company and its properties, as well as, its proposed operating plan for 2023. As many are aware, the electric vehicle industry is experiencing explosive growth due to recent demand from consumers. As combustion engine use declines, the shift to EVs has provoked unparalleled activity in battery [...]
Fuse Cobalt Inc. announces that effective today, in order to balance his collective business responsibilities, Mr. Greg Reimer has resigned as both Director and Chairman of the Company. Mr. Reimer has agreed to continue to support Fuse and will remain as an active member of the Fuse Corporate Advisory Board. Mr. Robert Setter, Fuse Director states "Greg has helped the Company out considerably in his role of Director and [...]
Fuse Cobalt announces that it has closed a non-brokered private placement financing offering of 30,000,000 units at a price of $0.05 per Unit for gross proceeds of $1,500,000. Each Unit is comprised of one common share and one share purchase warrant. Each Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $0.065 per share for a period of five years from [...]
Fuse Cobalt Inc. announces the Company is still awaiting all drill assay results from the drill program, completed in mid-October at the Glencore Bucke Project located just outside Cobalt Ontario and near the cobalt refinery of Electra Battery Metals Corp. However, these results are expected to be received within the next two weeks. Previously disclosed, the supervising geologist reported the following: "The 2022 drill [...]
Fuse Cobalt Inc. is pleased to announce a non-brokered private placement of 30,000,000 units at a price of $0.05 per Unit raising gross proceeds of $1,500,000. Each Unit is comprised of one common share of the Company and one share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $0.065 per share, for a period of five years from [...]
Fuse Cobalt Inc. is pleased to announce that effective today, Mr. Tim Fernback has joined the Fuse Board of Directors. Greg Reimer, Chairman of the Board states "We are excited to bring Tim back to our Company as an experienced Director. Tim was the former Company President & CEO from 2017 - 2018, and his experience in financing and managing public and private companies will be invaluable to Fuse's future success." In the [...]
Fuse Cobalt Inc. announces that further to the Company's news release dated July 28, 2022 announcing the engagement of TD Media LLC d/b/a Life Water Media LLC to provide online marketing awareness to the Company, and the Company's news release dated September 6, 2022 announcing the amendment to the Media Services Agreement, the parties have agreed to further amend certain terms of the Agreement. The amended terms are that [...]
Fuse Cobalt Inc. is pleased to announce the Company is awaiting results from the recently completed drill program at the Glencore Bucke Project located just outside Cobalt Ontario and near the cobalt refinery of Electra Battery Metals Corporation. As of October 20th, 2022, 300 samples have been sent to the assay lab including all the holes with mineralization noted in the core logging so far. Eleven of thirteen holes are [...]
Fuse Cobalt Inc. is pleased to announce the Company has received the final geophysical report from Simcoe Geoscience and has commenced a diamond drill program at the Glencore Bucke Property. The IP survey successfully detected geophysical signatures possibly related to narrow veins and sulphide and/or cobalt mineralization. The drill program has begun and is expected to be completed in approximately three weeks. The IP [...]
Fuse Cobalt Inc. is pleased to announce that preparation for its multi-hole diamond drilling exploration program has begun at its 100% owned cobalt project, the Glencore Bucke Property. The planned exploration program has an initial budget of $500,000 and has been designed to locate and test targets within the vicinity of known mineralization from prior drilling results. To date, the company has: Completed a detailed [...]
Fuse Cobalt Inc. is pleased to announce that Simcoe Geoscience of Stouffville, Ontario completed a detailed induced polarization geophysical survey utilizing the Alpha IP Wireless Time Domain Distributed Technology System over the Glencore/Bucke Project. Preliminary 2D profiles and an early 3D model have been received with promising chargeability results evident. The complete report including final results and [...]
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