Canada Cobalt Works Inc. today issued a reminder to Dividend Warrant Holders that received Dividend Warrants to purchase common shares of the Company, dated February 25, 2019 at an exercise price of $0.10 per share, are set to expire on Sunday, September 15, 2019. As the expiration date is not a trading day on the TSX Venture Exchange, the Dividend Warrants will be exercisable until 4:00 pm Pacific time on Monday [...]
Canada Cobalt Works Inc. is pleased to announce that the Company has arranged a non-brokered hard dollar private placement with strategic investors to raise gross proceeds of $500,000 at 30 cents per unit. Proceeds of the financing, expected to close shortly, will go toward the start of a Phase 2 underground drill program commencing in September, surface site preparation/development for other initiatives, regional [...]
Canada Cobalt Works Inc. is pleased to announce that Global Energy Metals Corp. has received approval from the TSX Venture Exchange for the acquisition of Canada Cobalt's Re-2OX technology to accelerate the advancement of the Lovelock mine and Treasure Box projects. Highlights Re-2OX skips the normal smelting process to achieve exceptionally high recovery rates for cobalt, nickel and copper, while also removing 99% of [...]
Canada Cobalt Works Inc. is pleased to announce that metallurgical testwork performed by SGS Lakefield has demonstrated that historic stamp mill tailings at Canada Cobalt's Castle mine are amenable to flotation and leaching, enhancing potential recoveries and creating an opportunity for a direct shipping precious metal concentrate in addition to a Re-2OX cobalt sulphate. Highlights: SGS has produced a high purity [...]
Canada Cobalt Works Inc. is pleased to announce that it has added approximately 4,800 hectares to its Castle mine land package, more than doubling the total size from 29.6 sq. km to approximately 78 sq. km. A new map of the Gowganda Camp, showing the holdings of Canada Cobalt and others, will be posted on the Canada Cobalt web site later today. The additional strategic contiguous ground is to the north and northeast. Most [...]
Canada Cobalt Works Inc. is pleased to announce its first revenue stream from Re-2OX, the Company's proprietary and environmentally friendly hydrometallurgical process that bypasses a traditional smelter for efficient extraction of cobalt, precious metals and base metals. In 2018, led by adviser Dr. Ron Molnar and SGS Lakefield, Canada Cobalt became the first company in Canada's Cobalt heartland during the electric [...]
Canada Cobalt Works Inc. is pleased to announce the appointment of Mr. Marc T. Bamber to the Company's Board of Directors, effective immediately. Mr. Bamber, based in London, England, has nearly two decades of successful deal-making experience in the capital markets, with a primary focus on the resource sector, and will use his international connections to help spearhead an aggressive corporate development strategy [...]
Canada Cobalt Works Inc. , a technology leader in the Northern Ontario Cobalt-Silver Camp, is pleased to announce that the Company has made important breakthroughs in its proprietary and environmentally green Re-2OX process for the recovery of cobalt, precious metals and base metals. New Testing Highlights: Further optimization of Re-2OX has enabled SGS Lakefield in Peterborough, Ontario, to recover silver and copper for [...]
Canada Cobalt Works Inc. , a technology leader in the Northern Ontario Cobalt-Silver Camp, is pleased to announce that the Company has added another catalyst to its first half 2019 strategy – a unique and environmentally friendly program with a plan to develop cost-effective near-term recovery of silver and gold mineralization from an historic tailings area approximately 300 meters from the #3 Shaft at the Castle mine [...]
Canada Cobalt Works Inc. announces that the Annual General Meeting was held on Tuesday February 26, 2019 and is pleased to report that all resolutions were approved with over 99% voting in favour in all categories. Resolutions passed are listed below. The following individuals were re-elected Directors of the Company: Frank J. Basa, Jacques F. Monette, Dianne Tookenay, Robert Setter and Annemette Jorgensen. McGovern [...]
Canada Cobalt Works Inc. is pleased to announce that President and CEO Frank J. Basa is scheduled to make a presentation to investors as part of the Corporate Presentation Forum at PDAC 2019 in Toronto. The presentation will be in the Energy Metals and Specialty Products session on Tuesday March 5 at 11:15 am Eastern in Room 803 in the South Building of the Metro Toronto Convention Centre. Mr. Basa's presentation will [...]
Canada Cobalt Works Inc. is pleased to announce that first-pass underground Phase 1 drilling on the first level of the Castle mine near Gowganda, 75 kilometers from Kirkland Lake, has returned multiple high-grade cobalt and silver intercepts at very shallow depths. Drill results have also revealed areas overlooked by historical explorers that show potential to host very high-grade "shoots" of silver and cobalt-silver [...]
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