Canada Cobalt Works Inc. is pleased to announce that the Company has signed a binding Letter of Intent to acquire the assets of PolyMet Resources Inc. , owner of PolyMet Labs and the Northern Ontario Silver-Cobalt Camp's only permitted and operating mineral and precious metal processing facility. The Transaction, consummated at a strategic time in [...]
Canada Cobalt Works Inc. is pleased to announce that the Company has arranged a non-brokered hard dollar private placement with strategic investors to raise gross proceeds of $1,000,000 at 35 cents per unit. Each unit of the private placement comprises one common share and one share purchase warrant. Each warrant will entitle the holder thereof [...]
Canada Cobalt Works Inc. is pleased to announce that the Company has closed the second and final tranche of its recently announced private placement with strategic investors at 30 cents per unit, raising gross proceeds of $728,000 for the two tranches. Proceeds of the private placement will be used to immediately accelerate the company's various [...]
Canada Cobalt Works Inc. is pleased to announce that crews are mobilizing next week to the Castle Silver-Cobalt mine near Gowganda, Ontario, to commence a Phase 2 underground drill program and accelerate a series of additional initiatives. The Company has closed the first $475,000 of its recently announced private placement and has increased the [...]
Canada Cobalt Works Inc. today issued a reminder to Dividend Warrant Holders that received Dividend Warrants to purchase common shares of the Company, dated February 25, 2019 at an exercise price of $0.10 per share, are set to expire on Sunday, September 15, 2019. As the expiration date is not a trading day on the TSX Venture Exchange, the [...]
Canada Cobalt Works Inc. is pleased to announce that the Company has arranged a non-brokered hard dollar private placement with strategic investors to raise gross proceeds of $500,000 at 30 cents per unit. Proceeds of the financing, expected to close shortly, will go toward the start of a Phase 2 underground drill program commencing in September [...]
Canada Cobalt Works Inc. is pleased to announce that Global Energy Metals Corp. has received approval from the TSX Venture Exchange for the acquisition of Canada Cobalt's Re-2OX technology to accelerate the advancement of the Lovelock mine and Treasure Box projects. Highlights Re-2OX skips the normal smelting process to achieve exceptionally high [...]
Canada Cobalt Works Inc. is pleased to announce that metallurgical testwork performed by SGS Lakefield has demonstrated that historic stamp mill tailings at Canada Cobalt's Castle mine are amenable to flotation and leaching, enhancing potential recoveries and creating an opportunity for a direct shipping precious metal concentrate in addition to [...]
Canada Cobalt Works Inc. is pleased to announce that it has added approximately 4,800 hectares to its Castle mine land package, more than doubling the total size from 29.6 sq. km to approximately 78 sq. km. A new map of the Gowganda Camp, showing the holdings of Canada Cobalt and others, will be posted on the Canada Cobalt web site later today. The [...]
Canada Cobalt Works Inc. is pleased to announce its first revenue stream from Re-2OX, the Company's proprietary and environmentally friendly hydrometallurgical process that bypasses a traditional smelter for efficient extraction of cobalt, precious metals and base metals. In 2018, led by adviser Dr. Ron Molnar and SGS Lakefield, Canada Cobalt [...]
Canada Cobalt Works Inc. is pleased to announce the appointment of Mr. Marc T. Bamber to the Company's Board of Directors, effective immediately. Mr. Bamber, based in London, England, has nearly two decades of successful deal-making experience in the capital markets, with a primary focus on the resource sector, and will use his international [...]
Canada Cobalt Works Inc. , a technology leader in the Northern Ontario Cobalt-Silver Camp, is pleased to announce that the Company has made important breakthroughs in its proprietary and environmentally green Re-2OX process for the recovery of cobalt, precious metals and base metals. New Testing Highlights: Further optimization of Re-2OX has [...]
