The Stock Day Podcast welcomed First Cobalt , a Canadian-based pure-play cobalt company and owner of the only permitted primary cobalt refinery in North America. President and CEO, Trent Mell, joined Stock Day host Everett Jolly. To begin the interview, Jolly noted the Company's recent announcement of their partnership with Glencore and asked what this means for their future. Mell explained that this partnership will [...]
First Cobalt Corp. is pleased to announced that it agreed on a term sheet with Glencore AG outlining the framework for a non-dilutive, fully funded, phased approach to recommission the First Cobalt Refinery in Ontario, Canada. The framework remains subject to a number of conditions and outlines the key milestones to a long-term strategic relationship that could bring a reliable source of domestically refined cobalt to the [...]
First Cobalt Corp. notes that former key executive and directors of eCobalt Solutions Inc. have disseminated the following press release opposing the proposed merger with Jervois Mining Limited . The Company did not participate in the preparation of the letter but believes it to be of interest to all eCobalt shareholders and we have therefore reproduced it in its entirety: "Letter From Concerned Former Executives of [...]
Jervois would prioritize African exploration at the expense of American cobalt interests First Cobalt Corp. today sent a second open letter to the shareholders of eCobalt Solutions Inc. reminding them to vote against eCobalt's proposed merger with Jervois Mining Ltd. . The full text of the letter is below and has also been filed on First Cobalt's website at www.firstcobalt.com. Open Letter to Fellow eCobalt Shareholders [...]
Proposed deal would see eCobalt shareholders give away 53% of its Idaho Cobalt Project while getting nothing in return First Cobalt Corp. today sent an open letter to the shareholders of eCobalt Solutions Inc. urging them to vote against eCobalt's proposed merger with Jervois Mining Ltd. . The full text of the letter is below and has also been filed on First Cobalt Corp.'s website at www.firstcobalt.com. Open Letter to [...]
Proposed deal would see eCobalt shareholders give away 53% of its Idaho Cobalt Project while getting nothing in return First Cobalt Corp. today sent an open letter to the shareholders of eCobalt Solutions Inc. urging them to vote against eCobalt's proposed merger with Jervois Mining Ltd. . The full text of the letter is below and has also been filed on First Cobalt Corp.'s website at www.firstcobalt.com. Open Letter to [...]
First Cobalt Corp. is pleased to announce President & Chief Executive Officer, Trent Mell will participate in the TD Securities Battery Metals Roundtable on Tuesday, June 18 and Wednesday, June 19, 2019, at TD's Offices in London, UK. Mr. Mell will be available for one-on-one meetings throughout the conference to discuss the Company's plans to recommission its permitted cobalt refinery in Ontario, Canada and ongoing [...]
First Cobalt Corp. is pleased to announce that a scoping study for the restart of the First Cobalt Corp. Refinery in Canada using third party cobalt hydroxide as feed material concluded that annual production could reach over 5,000 tonnes per annum of cobalt, more than twice the previous estimate. By eliminating the Refinery's autoclave circuit and addressing production constraints, the debottlenecking study by Ausenco [...]
First Cobalt Corp. and Glencore AG have signed a memorandum of understanding to supply cobalt feedstock and financing to recommission the First Cobalt Corp. Refinery in Ontario, Canada. Upon execution of definitive agreements, First Cobalt Corp. and Glencore will collaborate on final flowsheet design with a view to accelerating the restart of North America's only primary cobalt refinery. Highlights Glencore intends to [...]
First Cobalt Corp. announces the ASX has approved the Company's request for removal from the official list of the ASX. Details of the Decision can be found on the ASX at www.asx.com.au, along with the shareholder information pack relating to the voluntary delisting process of securities listed on the Australian Stock Exchange which will also be mailed to CHESS Depository Interest holders. About First Cobalt First Cobalt [...]
First Cobalt Corp. is pleased to announce it has initiated a scoping-level capacity study to estimate the capital and operating requirements for various production scenarios using cobalt hydroxide as feedstock for the restart of the First Cobalt Refinery in Ontario, Canada. Highlights Third party discussions underway to supply feedstock and capital to restart of the First Cobalt Refinery 18 to 24 months from finalizing [...]
First Cobalt Corp. today announces it has applied to the Australian Securities Exchange for the removal of the Company from the official list of the ASX under ASX Listing Rule 17.11. Subject to ASX approval, the Company expects that trading in First Cobalt's CHESS Depository Interests will be suspended on the ASX on or around the close of trading on June 13, 2019 and the delisting will take place on or around June 20 [...]
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