Fuse Cobalt Inc. announces that the Company has closed a non-brokered private placement of 32,900,000 Units at a price of $0.05 per Unit raising gross proceeds of $1,645,000. Each Unit consists of one common share of the Company and one share purchase warrant. Each share purchase warrant entitles the holder thereof to purchase one additional common [...]
Fuse Cobalt Inc. , , is pleased to announce that on December 22 2020, the government of Canada and the government of Ontario announced a joint $10-million investment in the First Cobalt Corp. refinery in Cobalt Ontario. Significantly, this refinery is located approximately 1500 m west of Fuse Cobalt's cobalt mineral exploration property and inside [...]
Fuse Cobalt Inc. , , is pleased to announce that on December 22 2020, the government of Canada and the government of Ontario announced a joint $10-million investment in the First Cobalt Corp. refinery in Cobalt Ontario. Significantly, this refinery is located approximately 1500 m west of Fuse Cobalt’s cobalt mineral exploration property and inside [...]
Fuse Cobalt Inc. , , is pleased to announce it plans to review all previous exploration results on its 100% owned Teels Marsh West Project, including other potential sites in the vicinity, and evaluate the data in order to guide a Spring 2021 program aimed at locating lithium bearing montmorillonite clay deposits. Metallurgical testing of [...]
Fuse Cobalt Inc. is pleased to announce it plans to review all previous exploration results on its 100% owned Teels Marsh West Project, including other potential sites in the vicinity, and evaluate the data in order to guide a Spring 2021 program aimed at locating lithium bearing montmorillonite clay deposits. Metallurgical testing of [...]
Fuse Cobalt Inc. would like to provide its shareholders with additional information regarding the history and current status of the Company, as well as, its proposed operating plan for 2021. Since February 2020, the Company has accomplished quite a bit during a time of global uncertainty caused by the COVID-19 global pandemic, including a company [...]
Fuse Cobalt Inc. is pleased to announce the completion of Internal Conceptual Study for the de-watering and reclamation of the Teledyne ramp at the Company's Teledyne Cobalt Property by Robert E. Bresee, C.E.T. of R.E. Bresee Consulting. Mr. Bresee was originally involved with the Property in 1980 and was involved with the ramps initial [...]
Fuse Cobalt Inc. is pleased to announce the appointment of Mr. Konstantin Lichtenwald as Director of the Company effective September 11, 2020. Mr. Lichtenwald has had extensive experience as a controller, chief financial officer and a director of numerous publicly traded and private corporations in several industries. He earned his BBA from [...]
Fuse Cobalt Inc. is pleased to provide an update on the Company properties located in Cobalt Ontario, Canada and in Mineral County Nevada, USA. There are two reports expected soon on the Teledyne and Glencore Bucke cobalt properties located in Ontario Canada which include an updated NI 43-101 Technical Report and a Scope of Work Study for the [...]
Fuse Cobalt Inc. ") announces that it has granted stock options to certain directors of the Company to purchase an aggregate 1,500,000 common shares in the capital of the Company. The stock options are exercisable for a term of five years from the date of grant at an exercise price of $0.07 per share. All stock options are granted in accordance [...]
Fuse Cobalt Inc. is pleased to announce that it has successfully negotiated a reciprocal data sharing agreement with Dajin Lithium Corp.'s that is to be formalized in an agreement over the next couple days. Robert Setter, Fuse President & CEO comments "Approaching Dajin about sharing data will allow both of our companies to incorporate the western [...]
Fuse Cobalt Inc. is pleased to announce work will commence on the 100 placer claims covering 2000 acres at Teels Marsh, Nevada. The property, is highly prospective for Lithium brines and is located approximately 48 miles northwest of Clayton Valley and the Rockwood Lithium Mine. Rockwood is North America's only producing brine-based Lithium mine [...]