Pacific Rim Cobalt today provided a corporate update from the Company’s President and Chief Executive Officer, Ranjeet Sundher. Dear Shareholders, It gives me great pleasure to provide an update on Pacific Rim Cobalt post the Company’s successful listing on the Canadian Securities Exchange on October 24, 2017. During the marketing of our go-public [...]
Pacific Rim Cobalt announces that Rhys Resources Ltd. has completed its previously announced acquisition of the TNM Cobalt Project, Indonesia, indirectly through the acquisition of 1121844 B.C. Ltd., and the closing of an oversubscribed $4.47 million equity offering. The Transaction also involved the consolidation of the Company’s common shares on [...]
Rhys Resources announces that further to its press release dated July 5, 2017 regarding the signing of a binding letter agreement to acquire 1121844 B.C. Ltd. and the TNM Cobalt Project, the Company, CPA, CPA's wholly owned Hong Kong subsidiary, Cobalt Power (Asia) Ltd. and the shareholders of CPA have now executed a definitive share exchange [...]
Rhys Resources announces the signing of a binding letter agreement dated June 28, 2017 for the acquisition of Cobalt Power Asia, which will provide Rhys with 100% ownership of the 5000 hectare, advanced stage TNM Cobalt Project, located in Depapre District, Jayapura Regency, Republic of Indonesia. The TNM cobalt property hosts a historical estimate [...]
