Cobalt Blockchain Announcement Regarding Private Placements
The Company intends to use the net proceeds of the Offering to fund for working capital and general corporate purposes.
- The Company intends to use the net proceeds of the Offering to fund for working capital and general corporate purposes.
- The securities to be issued in connection with the Offering are subject to a statutory four-month hold period from the date of issuance i.e.
- Each Unit to be issued pursuant to the New Offering will consist of one Common Share and one Common Share purchase warrant.
- Cobalt Blockchain Inc. (TSXV:COBC) is a Canadian resource company expanding its exploration and development business to include cobalt assets in the Democratic Republic of the Congo ("DRC"); it holds export trading licenses for 3T, copper and cobalt from the DRC.