Cobalt

First Cobalt Announces Increase in Bought Deal Offering to $8.5 Million

Thursday, January 14, 2021 - 2:55pm

Each Unit shall consist of one common share of the Company (a Unit Share) and one-half of one common share purchase warrant (each whole common share purchase warrant, a Warrant).

Key Points: 
  • Each Unit shall consist of one common share of the Company (a Unit Share) and one-half of one common share purchase warrant (each whole common share purchase warrant, a Warrant).
  • The Company intends to use the net proceeds of the Offering for the advancement of the First Cobalt Refinery and for general corporate purposes.
  • Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance and opportunities to differ materially from those implied by such forward-looking statements.
  • Except where required by applicable law, First Cobalt disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

First Cobalt Announces $5 Million Bought Deal Offering

Thursday, January 14, 2021 - 12:30pm

Each Unit shall consist of one common share of the Company (a Unit Share) and one-half of one common share purchase warrant (each whole common share purchase warrant, a Warrant).

Key Points: 
  • Each Unit shall consist of one common share of the Company (a Unit Share) and one-half of one common share purchase warrant (each whole common share purchase warrant, a Warrant).
  • The Company has granted Eight Capital an over-allotment option to distribute up to an additional 15% of the Units at the Offering Price, exercisable in whole or in part at any time for 30 days following the closing of the Offering.
  • The Company intends to use the net proceeds of the Offering for the advancement of the First Cobalt Refinery and for general corporate purposes.
  • Except where required by applicable law, First Cobalt disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Canada Nickel Announces Higher Grade Core Extended at Crawford Nickel-Cobalt Sulphide Project

Thursday, January 14, 2021 - 12:00pm

The core is collected from the drill in sealed core trays and transported to the core logging facility.

Key Points: 
  • The core is collected from the drill in sealed core trays and transported to the core logging facility.
  • Samples are transported in secure bags directly from the Canada Nickel core shack to Actlabs Timmins, an ISO/IEC 17025 accredited lab.
  • Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions.
  • Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp.

Edison Cobalt Provides Corporate Update

Thursday, January 14, 2021 - 8:02am

Vancouver, British Columbia--(Newsfile Corp. - January 14, 2021) - Edison Cobalt Corp (TSXV: EDDY) ("Edison Cobalt" or the "Company") is pleased to provide a corporate update with respect to the recent increased activity within in the battery metals market.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 14, 2021) - Edison Cobalt Corp (TSXV: EDDY) ("Edison Cobalt" or the "Company") is pleased to provide a corporate update with respect to the recent increased activity within in the battery metals market.
  • Given the recent activity in the battery metals market, including within Ontario's Cobalt mining camp, the Company is actively seeking other projects in the battery metals space that would add value and be complementary to the Company's existing Ontario battery metals assets.
  • Edison Cobalt Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals.
  • Edison Cobalt Corp.'s acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential
    On behalf of the Board of Directors:

Manganese X Receives Metallurgical Results Demonstrating High Recovery Rate, Improved Efficiency and Economics for EV Battery Usage

Thursday, January 14, 2021 - 5:15am

Montral, Qubec--(Newsfile Corp. - January 14, 2021) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (OTC Pink: MNXXF) ("Manganese X" or the "Company") is pleased to announce favorable metallurgical results from the Battery Hill Phase Two program, that demonstrate even greater efficiency and improved economics.

Key Points: 
  • Montral, Qubec--(Newsfile Corp. - January 14, 2021) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (OTC Pink: MNXXF) ("Manganese X" or the "Company") is pleased to announce favorable metallurgical results from the Battery Hill Phase Two program, that demonstrate even greater efficiency and improved economics.
  • Manganese X CEO Martin Kepman stated, "The news keeps getting better in the processing of the Battery Hill manganese ore. Recovery rates are impressive and the applied process for purification has been refined to achieve greater efficiency and improved economics.
  • Manganese continues to be spotlighted as a greener and more ethically friendly metal that could replace cobalt.
  • We are making excellent progress towards our goal of producing ultra high-purity battery-grade manganese products for the growing electric vehicle and energy storage sectors."

Conic Announces Change of Name to Nickel 28 & Repositions Itself as a Producer of Nickel and Cobalt

Tuesday, January 12, 2021 - 6:36pm

We have observed that the Company is not consistently and/or accurately included in either nickel producer or streaming and royalty comp sets.

Key Points: 
  • We have observed that the Company is not consistently and/or accurately included in either nickel producer or streaming and royalty comp sets.
  • The non-recourse debt is paid down by cash sweeps from the free cash flow that is generated from nickel and cobalt sales.
  • Shareholders and analysts alike often have the same question Is Conic Metals a producer or a royalty company?
  • The name Conic is a combination of co from cobalt and nic from nickel.

Grizzly Undertakes Geophysical Survey at Its Robocop Cobalt-Copper Property in Southeastern British Columbia, Canada

Tuesday, January 12, 2021 - 1:45pm

The helicopter-borne VTEM survey will be flown at 100 metre line-spacing and will provide the first property-wide, high-resolution geophysical image of the Property.

Key Points: 
  • The helicopter-borne VTEM survey will be flown at 100 metre line-spacing and will provide the first property-wide, high-resolution geophysical image of the Property.
  • The survey will be the first of many modern exploration techniques that will be used to explore and develop the Robocop Project.
  • The Robocop Project is comprised of 6,850 acres (2,770 ha) in five mineral claims that are all road accessible, just off Provincial Highway 93 in southeast B.C.
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    Brian Testo, CEO of Grizzly commented, "We are very excited to continue our 2021 exploration program at our Copper-Cobalt prospective Robocop property following our recently completed drilling campaign at Ket-28.

Alpha Lithium Provides Drilling Update For Tolillar Lithium Project in Argentina

Tuesday, January 12, 2021 - 2:00pm

This is an important first step towards the extraction and processing of brine from Alphas 100% owned, 27,500-hectare Tolillar Salar.

Key Points: 
  • This is an important first step towards the extraction and processing of brine from Alphas 100% owned, 27,500-hectare Tolillar Salar.
  • The primary objective for these two wells is to confirm lithium grades and further refine the Companys hydrogeological model.
  • Previous drilling and sampling at the Tolillar Salar yielded lithium concentrations of up to 504 mg/L (see press release dated May 5, 2020 ).
  • Mr. Rosko has extensive experience in salar environments and has been a qualified person on many lithium brine projects.

Fuse Cobalt Corporate Update and President's Letter to Shareholders

Monday, January 11, 2021 - 6:09pm

These results along with other high-grade cobalt drill results found during past exploration programs, are the reason why we are excited to continue to work on our properties."

Key Points: 
  • These results along with other high-grade cobalt drill results found during past exploration programs, are the reason why we are excited to continue to work on our properties."
  • "We are very happy that our shareholders continue to support our company and our exploration programs in Canada," comments Mr. Robert Setter, President & CEO of Fuse.
  • Fuse Cobalt Inc. is a Canadian based exploration company that trades under the symbol FUSE on the TSX Venture Exchange.
  • The Glencore Bucke Property consists of 16.2 hectares and sits along the west boundary of Fuse's Teledyne Cobalt Project.

Fuse Cobalt Corporate Update and President's Letter to Shareholders

Monday, January 11, 2021 - 6:08pm

These results along with other high-grade cobalt drill results found during past exploration programs, are the reason why we are excited to continue to work on our properties."

Key Points: 
  • These results along with other high-grade cobalt drill results found during past exploration programs, are the reason why we are excited to continue to work on our properties."
  • "We are very happy that our shareholders continue to support our company and our exploration programs in Canada," comments Mr. Robert Setter, President & CEO of Fuse.
  • Fuse Cobalt Inc. is a Canadian based exploration company that trades under the symbol FUSE on the TSX Venture Exchange.
  • The Glencore Bucke Property consists of 16.2 hectares and sits along the west boundary of Fuse's Teledyne Cobalt Project.