International Cobalt Corp. & General Magnesium Corporation Engage Laurentian Bank as Financial Advisor
VANCOUVER, British Columbia, Oct. 20, 2021 (GLOBE NEWSWIRE) -- International Cobalt Corp. (CSE:CO) (the Company or International Cobalt) and General Magnesium Corporation (GMC) (collectively, the Companies) are pleased to announce that Laurentian Bank Securities Inc., (Laurentian Bank Securities) has been engaged as Financial Advisor, to the Companies.
- VANCOUVER, British Columbia, Oct. 20, 2021 (GLOBE NEWSWIRE) -- International Cobalt Corp. (CSE:CO) (the Company or International Cobalt) and General Magnesium Corporation (GMC) (collectively, the Companies) are pleased to announce that Laurentian Bank Securities Inc., (Laurentian Bank Securities) has been engaged as Financial Advisor, to the Companies.
- Pursuant to the Agreement, International Cobalt will acquire all of the issued and outstanding shares of GMC in exchange for shares of International Cobalt (the Transaction).
- Our name, General Magnesium Corp., reflects our ultimate objective of refining our abundant magnesite resource into Magnesium metal.
- We have every confidence that Laurentian Bank Securities will provide significant strategic advice to GMC in their capacity as Financial Advisor.