To deliver immediate attributable nickel and cobalt production from the long-life, world-class Ramu Mine Cobalt 27 Capital Corp., is pleased to announce the completion of the previously announced scheme of arrangement whereby Cobalt 27 acquired all of the issued and outstanding shares of Highlands Pacific Ltd., further building on Cobalt 27's [...]
Cobalt 27 Capital Corp. is pleased to announce the National Court of Papua New Guinea approved the scheme of arrangement on May 2, 2019, under which Cobalt 27 will acquire all the issued share capital of Highlands Pacific Limited. Shares of Highlands have been suspended from trading on both the Australian Securities Exchange and the Port Moresby [...]
Cobalt 27 Capital Corp. is pleased to announce that further to its news release of January 1, 2019, the shareholders of Highlands Pacific Limited , have voted in favour of the scheme of arrangement providing for the acquisition of Highlands by Cobalt 27, at the special meeting of Highlands' shareholders held on Tuesday April 30, 2019, in Papua New [...]
Cobalt 27 Capital Corp. is pleased to provide a status update on its previously announced acquisition of Highlands Pacific Limited, via a definitive scheme implementation agreement, whereby Cobalt 27 proposes to acquire all of the issued ordinary shares of Highlands that it does not own by means of a scheme of arrangement under Part XVI of the PNG [...]
Cobalt 27 Capital Corp. is pleased to announce that it has entered into a definitive scheme implementation agreement with Highlands Pacific Limited dated January 1, 2019, pursuant to which Cobalt 27 will acquire all of the issued ordinary shares of Highlands that it does not own by means of a scheme of arrangement under Part XVI of the PNG [...]
Highlands Pacific which holds an 8.56% interest, is continuing to exceed production targets, achieving record monthly output of 3,068 tonnes of nickel and 292 tonnes of cobalt in May. Highlands Managing Director Craig Lennon said he was delighted with the performance of the Ramu operations. "We have been involved in the Ramu project since 1992, and [...]