Canada Silver Cobalt Works Inc. is pleased to announce that it has engaged GoldSpot Discoveries Corp. to apply their proprietary machine learning technology and geoscience expertise to the Castle East project located in Gowganda Ontario. GoldSpot will be working in conjunction with the geotechnical team at Canada Silver Cobalt to assist in expanding current resources, creating additional drill targets, and to identify [...]
Canada Silver Cobalt Works Inc. is pleased to announce that after the successful, fully subscribed $7.5 million financing completed on October 25, 2021, the Company is on track to achieve key milestones at Castle East during the first quarter of 2022. The Company's current plans are as follows: - Complete the planned 60,000m drill program at Castle East . - Update and increase the world's highest-grade silver resource [...]
Canada Silver Cobalt Works Inc. announces that it has completed a fully-subscribed marketed public offering by raising total proceeds of approximately $7.5 million, including approximately $975,000 following the exercise in full of an over-allotment option by Research Capital Corporation and Canaccord Genuity Corp., the co-lead agents for the offering. At closing, Canada Silver Cobalt issued 20,884,109 units at a price of [...]
Coquitlam, BC - TheNewswire October 19, 2021 - Canada Silver Cobalt Works Inc. announces that it has entered into an agreement with Research Capital Corporation to increase the size of its previously-announced marketed public offering . The maximum size of the Offering has been increased to $6.5 million from the previous maximum of $3 million. The Offering consists of units of the Company at a price of $0.21 per Unit and [...]
Canada Silver Cobalt Works Inc. announces that it has entered into an agreement with Research Capital Corporation to act as sole bookrunner and together with Canaccord Genuity Corp. as co-lead agents , in connection with a marketed public offering for aggregate gross proceeds of up to $3,000,000 in a combination of: units of the Company at a price of $0.21 per Unit and flow-through units of the Company at a price of $0.23 [...]
Canada Silver Cobalt Works Inc. announces that it has filed a final short form base shelf prospectus with, and received a receipt from, the securities regulators in each province of Canada. As previously announced, the base shelf prospectus will allow the Company and/or selling security holders to effect offerings of common shares , preference shares, subscription receipts, warrants, debt securities, units or any [...]
The Company has successfully commissioned its secondary crushing circuit and created a product size amenable to gravity concentration that may be used to produce a marketable gravity concentrate and/or feed for the Re-2Ox process to produce EV battery products. Coquitlam, September 8, 2021 - Canada Silver Cobalt Works Inc. is pleased to announce that it has successfully commissioned the secondary crushing and screening [...]
A second property acquisition in the Eby-Otto Township increases the Company's land package to 810 hectares of prospective land south-west of Kirkland Lake Gold's Macassa Mine and is located within the most prolific gold-bearing area in Northern Ontario. Coquitlam, August 30, 2021 - Canada Silver Cobalt Works Inc. is pleased to announce that it has entered into an Option Agreement dated August 15, 2021, to acquire the 610 [...]
The excellent cobalt assays associated with high-grade silver support Canada Silver Cobalt's goal of becoming a major producer of silver with significant cobalt by-product Coquitlam, August 23, 2021 - Canada Silver Cobalt Works Inc. is pleased to announce major high-grade cobalt assays from its Castle East discovery where the Company has completed 42,000 meters of a 60,000-meter drill program aimed at significantly [...]
Canada Silver Cobalt Works Inc. announces that it has filed a preliminary short form base shelf prospectus with the securities commissions of each of the provinces of Canada except Québec. The base shelf prospectus, when final, will allow Canada Silver Cobalt and/or certain of its security holders to qualify the distribution by way of prospectus of up to $30 million of common shares, preference shares, subscription [...]
Upgrades at the TTL facility put the Company in an excellent position to go into production of concentrates and silver dore bars in a fast-track development model Canada Silver Cobalt Works Inc. is pleased to announce that it will begin commissioning the secondary crushing circuit at its TTL bulk processing facility located in Cobalt, Ontario. "Since acquiring the TTL facility, we have rebuilt the secondary crushing [...]
Upgrades at the TTL facility put the Company in an excellent position to go into production of concentrates and silver dore bars in a fast-track development model Coquitlam, August 16, 2021 - Canada Silver Cobalt Works Inc. is pleased to announce that it will begin commissioning the secondary crushing circuit at its TTL bulk processing facility located in Cobalt, Ontario. "Since acquiring the TTL facility, we have rebuilt [...]