First Cobalt Corp. is pleased to announce that it commenced drilling at Iron Creek, a wholly-owned cobalt-copper project in Idaho, USA. The Company's objective is to double the size of the current resource over the next two years, in light of stronger commodity prices and an acceleration of EV adoption rates in North America. HIGHLIGHTS North American EV sales reached 325,000 units in the first half of 2021, up 128 [...]
First Cobalt Corp. today announced that Kuya Silver Corporation has given notice of intention to exercise an option to earn a 70% interest in all of First Cobalt's remaining mineral rights in the Canadian Cobalt Camp. Highlights Kuya previously acquired a 100% interest in a property package surrounding the Kerr Lake area for $4 million. Kuya also received a six-month option to elect to exercise to earn up to a 70 [...]
First Cobalt Corp. is pleased to announce that it has closed its previously announced debt and equity financing for aggregate gross proceeds of approximately US$45 million. The financing consisted of a private placement offering to United States investors of US$37.5 million principal amount of 6.95% senior secured convertible notes due December 1, 2026 , led by Cantor Fitzgerald & Co. , as sole placement agent; and an [...]
First Cobalt Corp. today announced the filing of its unaudited financial results for the three and six-month period ended June 30, 2021. For complete details of the condensed interim consolidated financial statements and the associated management's discussion and analysis, please refer to the Company's filing on SEDAR or the Company's website. The Company remains on schedule to commission its expanded refinery in the [...]
First Cobalt Corp. is pleased to announce the pricing of its previously announced overnight-marketed public offering of common shares of the Company for total gross proceeds of approximately US$7.5 million at a price of C$0.25 per Common Share. The Equity Offering is being led by BMO Capital Markets as sole agent. The Company is also pleased to announce the conversion price of its previously announced private placement [...]
First Cobalt Corp. is pleased to announce that it has arranged a combined secured convertible debt and brokered equity financing package with an aggregate value of approximately US$45 million to finance the construction of its wholly-owned hydrometallurgical refinery located in Ontario. The financing consists of the following components: An offering of US$37.5 million principal amount of 6.95% senior secured convertible [...]
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations NEW YORK, Aug. 3, 2021 /CNW/ - Virtual Investor Conferences, the leading proprietary investor conference series today announced that the presentations from the July Green Energy & Precious Metals lnvestor Conference are now available for on-demand viewing. https://bit.ly/37cWBqt The [...]
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series today announced that the presentations from the July Green Energy & Precious Metals lnvestor Conference are now available for on-demand viewing. https://bit.ly/37cWBqt The company presentations will be [...]
First Cobalt Corp. today announced a joint study with Timiskaming First Nation of regional medicinal plants and mushrooms to assess the historic effects of settlement, logging, mining and industrial practices on the ecosystem in the past-producing Cobalt Camp mining district. Results from the study will support the Wild Basket initiative started by Ni Dakinan from the Timiskaming First Nation . First Cobalt is providing [...]
First Cobalt Corp. today announced that President and Chief Executive Officer, Trent Mell will present live at VirtualInvestorConferences.com on July 27, 2021 at 3:00pm ET. Mr. Mell will provide an update on the Company's Refinery Project in Canada, its longer-term ambition for a Battery Park as well as its Iron Creek cobalt-copper project in Idaho, USA. First Cobalt invites individual and institutional investors, as well [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Green Energy and Precious Metals Investor Conference on July 27th, 28th & 29th. Individual investors, institutional investors, advisors, and analysts are invited to listen to the executive management of [...]
First Cobalt Corp. announced that it has successfully extracted nickel, cobalt, copper, manganese, lithium and graphite from a "black mass" product recovered from recycled batteries. Black mass represents the main chemical composition of the battery and is obtained after removal of the mechanical housing of the battery. Work is now underway to leverage the existing operating permits, flow sheet and equipment at First [...]